Wanted to understand better how SGX Nifty works given that specifically it is supposed to be a guide to how Nifty spot would open in the morning given the 2:30 hours time difference? Who trades on it- is only FIIs or Prop traders or even Indian retail. Also what kind of volumes it has compared to actual Nifty? Are these volumes significant? Also what happens when only SGX is traded and Nifty is closed for instance today 4/14 at 4 pm SGX is up some 250 points- does it mean that Indian market will also open by around that number tomorrow morning? How predictable the correlation is? Look forward to advice from people who know this area. Thanks a lot.