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GIFT NIFTY takes centre stage as NSE IX rings bell ceremony in GIFT City SGX Nifty has been rebranded as GIFT NIFTY from Monday, with all derivative contracts worth $7.5 billion transitioning from Singapore to India. The official operation of GIFT NIFTY marks a step in shifting the base from the Singapore Exchange to the NSE International Exchange (NSE IX) located in Gandhinagar. To commemorate this milestone, the NSE IX on Monday organised a bell-ringing ceremony for GIFT NIFTY, symbolising the commencement of trading activities. By 3:30 p.m., a staggering $1....
GIFT NIFTY takes centre stage as NSE IX rings bell ceremony in GIFT City
GIFT NIFTY takes centre stage as NSE IX rings bell ceremony in GIFT City
Source: IANS
4/07/2023 10:09:19 AM
Indian rupee may struggle on rising likelihood of Fed rate hike The Indian rupee may come under pressure on Monday, after a tentative deal to raise the U.S. debt ceiling made it likely that the U.S. Federal Reserve will raise rates next month. Non-deliverable forwards indicate the rupee will slightly lower from the previous session's level of 82.575 per U.S. dollar. Odds of a 25 basis points Fed rate hike at the June 13-14 meeting climbed to 2-in-3 after President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy...
Indian rupee may struggle on rising likelihood of Fed rate hike
Indian rupee may struggle on rising likelihood of Fed rate hike
Source: Reuters
29/05/2023 9:06:49 AM
SGX Nifty to discontinue from July 3, shift to India's GIFT City: NSE  SGX Nifty, a derivative of India's National Stock Exchange's (NSE) Nifty index, will be discontinued on the Singapore Stock Exchange and all orders will be transferred to an NSE subsidiary in India, effective July 3, an NSE spokesperson said on Tuesday. The NSE IFSC Exchange — the NSE's unit in Gujarat International Finance Tec-City, or GIFT City situated in the Indian state of Gujarat — will be used for matching all the orders from SGX, the spokesperson said....
SGX Nifty to discontinue from July 3, shift to India's GIFT City: NSE
SGX Nifty to discontinue from July 3, shift to India's GIFT City: NSE
Source: Reuters
16/05/2023 7:05:12 PM
Indian rupee may end 2022 higher than earlier view as dollar slips - analysts The Indian rupee could end the year higher than earlier forecast, according to a few analysts who have reviewed their calls based on sliding dollar and improving outlook on Asian currencies following the U.S. inflation data. The rupee, on the back of the softer-than-expected U.S. inflation data, hit a seven-week high of 80.52 per dollar on Monday. That is a more than 3% recovery from the record low of 83.29 it touched around mid-last month. Currently, spot USD/INR was at 81.36, while th...
Indian rupee may end 2022 higher than earlier view as dollar slips - analysts
Indian rupee may end 2022 higher than earlier view as dollar slips - analysts
Source: Reuters
15/11/2022 9:08:41 AM