Stock exchangesare influenced by many factors. There can be fluctuations and volatile sessionsof trade due to any news or any other reason. Thus, it is very important tokeep a track of various factors that affect the stock markets. If any trader orinvestor ignores any of the relevant factors, it can result in either loss ofopportunity or heavy losses. Here, not only the domestic factors but theinternational factors also play a significant role in affecting the movement ofthe Indian stock market.
One suchimportant factor that affects the indexmovement of the Indian stock market are global markets. The global markets arebasically the stock markets of different countries. We all know that withglobalisation the Indian economy has integrated with the world economy. So, anybig global news affects the Indianmarkets as well.
In this article,we shall have a look at few of the major global indices and their timingsaccording to Indian Standard Time.
Global Indices
·Shanghai Stock Exchange:
It is the stock exchange of one of the biggest economy in the world i.e. China. Shanghai StockExchange opens at 7.30 a.m. as per Indian Standard Time.
·Hong Kong Stock Exchange:
The official stock exchange of Hong Kong is known by the name ofHang Seng. The exchange opens at 7.55 a.m. as per IST.
·KOSPI:
KOSPI is the official name of stock exchange of South Korea. Itopens at 5.50 a.m. as per IST.
·Nikkei:
Nikkei is also known as Tokyo stock exchange. It opens at same timeas KOSPI i.e. 5.50 a.m. as per IST.
·NYSE:
NYSE is New York Stock Exchange. The world keeps an eye on it as it isthe stock exchange of the world’s biggesteconomy. It includes Dow Jones, Nasdaqand S&P. It opens at 7.30 p.m. as per IST.
·DAX:
DAX is the official stock market ofone of the largest economy of Europe i.e. Germany. It opens at 12.30p.m. as per IST.
·FTSE:
FTSE is another European stock exchange. It is also known as LondonStock Exchange. It opens at 12.30 p.m. as per IST.
·CAC:
CAC is the official stock exchange of France. Along with otherEuropean stock markets, it opens at 12.30 p.m. as per IST.
·BOVESPA:
BOVESPAis the official stock exchange of Brazil. It opens at 7 p.m. as per IST.
The above stockmarkets are among the most popular markets across the globe. They have asignificant impact on each other. The Indian stock markets, in general, run on the same line with global sentiment. It is the best example of globalisation. You can visit the link to knowmore about the stockmarket indices.
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Also read -What is Pre-Open Market Session in Stock Market and How It Functions?
