Photo: ReutersSingapore: In its continuing assurances to traders, Singapore Exchange on Sunday said its entire India suite of products, including Nifty, will open and operate per normal on Monday. “The market for our entire India suite of products including Nifty will open and operate per normal on Monday, 12 February 2018. The trading in the single stock began on 5 February 2018, which trade officials believe triggered the Indian Exchanges’ action. MSCI India has 79 Indian stocks; the top 10 names include HDFC, Reliance, Infosys, TCS, Axis Bank, Maruti Suzuki, ITC, Hindustan Unilever, ICICI Bank and L&T. MSCI India is the most popular India index amongst institutional investors outside of India, with over $9.2 billion in total AUM for MSCI India family ETFs (vs $150 million for Nifty ETFs).

Source: Mint February 11, 2018 06:33 UTC