The National Stock Exchange of India has been granted regulatory approval to remove Nifty50 futures from the Singapore Exchange, however, investors who use SGX Nifty as an early indicator will not be impacted. All trades on Nifty 50 futures on the Singapore Exchange will be taken over by the NSE IFSC Exchange and it’s subsidiary NSE IFSC. The SGX Nifty positions will be converted to NSE IFSC Nifty positions on a conversion ratio of 1:1.
Concurrent losers: 14 smallcap stocks decline for 5 consecutive sessions
Over the five trading sessions ending March 20, the Sensex benchmark remained largely flat with a slight negative bias, slipping just 31 points to close