Mobis Philipose has an excellent article in Mint on this competition. It's an unequal battle, because international market participants trading on SGX have no restrictions while their participation on NSE is hamstrung by India's capital controls which include the FII framework, barriers against PNs, etc.
While on this subject, see the story of Nikkei 225 futures at what was then called SIMEX on page 107 of the MIFC report. Some years from now, books like the MIFC report will be carrying a story about how India gifted the Nifty futures market to SGX.
Hi,
ReplyDeleteStock market is on the verge of fall now. If Nifty holds above 4750-4820 for 2-3 closes then we can see bounce back in the market till 5000-5100-5150 within short time.
Indian stock market is falling and is expected to show some recovery soon. Investors should try to grab value stocks from lower levels for good gains.
Few stocks that can be considered are :-
1. Birlacot
2. Sesagoa
3. Uflex
4. Binani Cement
5. Salzer Electronics
Regards
SHARETIPSINFO TEAM
So grab good stocks and invest that’s the bottom line.
We hope to see you in major profits.
Regards
SHARETIPSINFO TEAM