The S&P/TSX Composite is Canada’s benchmark equity index, heavily weighted toward financials, energy and materials. As a commodity-linked market, it offers Gift Nifty traders an extra read on the overnight resource and risk backdrop.
| Index Name | Last Price | Change (in %) |
|---|---|---|
| S&P/TSX Composite | 34,980.00 | +129.80 (+0.37%) |
| High | Low | Last Trade |
| 35,123.61 | 34,791.08 | Jun 26, 16:20 |
Why the S&P/TSX matters for Gift Nifty traders
Because the TSX is tilted toward energy and mining, its direction echoes moves in crude oil and metals that also affect Indian markets and the rupee. Read together with the US S&P 500 and the Gift Nifty implied open, it helps confirm whether overnight strength is broad or commodity-driven.
How to use it with the Gift Nifty signal
- Commodity tell: a strong TSX often coincides with firm oil and metals — relevant for India’s import bill and the rupee.
- Breadth check: TSX moving with US indices points to a broad risk move.
- Context: confirm on the global cues board and commodities page.
Frequently Asked Questions
What is the S&P/TSX Composite index?
The S&P/TSX Composite is the main benchmark for the Canadian stock market, dominated by financial, energy and materials companies listed on the Toronto Stock Exchange.
How is the TSX relevant to Gift Nifty?
As a commodity-heavy market, the TSX reflects overnight moves in energy and metals that also influence Indian markets and the rupee, adding context to the Gift Nifty implied open.
When does the TSX trade in IST?
The Toronto Stock Exchange follows US market hours (9:30 AM–4:00 PM ET), roughly 7:00 PM–1:30 AM IST, within Gift Nifty's overnight window.
Related
For information only — not investment advice. Data may be delayed.