Nifty contracts on SGX are popular among foreign investors who do not wish to register and trade in India. At its peak, trading in the Nifty contributed as much as 10% to the Singapore bourse's revenue. In early 2018, India's stock exchanges decided to stop licensing their indexes to foreign bourses from August 2019 amid concerns over the flight of trading activity by foreigners to Singapore.from Stocks-Markets-Economic Times https://ift.tt/wCsoNXz
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