Indices surge to 3-week highs on global cues https://ift.tt/92UQHAa in Asia, most major indices rose 1-2%, while key averages in Europe were up 0.2-0.9%. In the US, the Dow Jones Industrial Average, the S&P 500 and Nasdaq Composite was up around 0.9% at the time of going to press. At home, the Nifty crossed a key hurdle of 17,400, while the Volatility Index or VIX-a fear gauge-dropped, suggesting traders see lower risks of a downside to the market in the near term.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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