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Resources
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Mumbai stock market
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National stock exchange (NSE)
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Nifty can be traded by USA people
Posted Date: 19 Jul 2010
Resource Type:
Mumbai stock market
Category:
National stock exchange (NSE)
Author:
soubhagya das
Member Level:
Silver
Rating:
Points
: 10 (
Rs
5)
Now nifty will be traded by USA Trader
From Monday 19th july 2010 Nifty will be traded at
Chicago Mercantile Exchange
.
So that USA Investors and Traders can now Invest in Indian stock market.
They can do trade for 23 hours in a single trading day.
As they are going to do trade on Nifty Index only,so the future price of Nifty will be either so high if they continuously buy Nifty future or it will be very gap down from current market price if they book there profit and sell in heavy quantity.
Because Nifty is the index of top 50 companies of NSE so current Nifty market price may not fluctuate because of there trading volume but future will definitely heavily affected and Nifty future will be too volatility because of there participation
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