The trading of Indian stock futures on the NSE International Exchange at GIFT City in Gujarat, which was formerly traded on the Singapore Exchange, has struggled. The average number of contracts for GIFT Nifty was 32,934 in the week up to July 7. This is lower than SGX Nifty’s 60,884 future contracts traded in April, May and June on SGX.
US stocks end down as Iran launches missiles at Israel; defense shares rise
U.S. stocks dropped, with the Nasdaq losing over 1%, as investors grew cautious after Iran fired missiles at Israel. Energy and defense stocks rose, while