Shanghai Composite

₹ (%)

Shanghai Composite Stock Price Analysis

Day Price Range: 1D return (0.03%)
LTP 2,736.02
2,717.94Low2,741.16High
Week Price Range: 1W returns (0.72%)
LTP 2,717.12
2,689.70Low2,747.74High
Month Price Range: 1M returns (-5.42%)
LTP 2,893.67
2,689.70Low2,896.52High
52W Price Range: 1Y returns (-12.42%)
LTP 3,124.96
2,635.09Low3,174.27High

Shanghai Composite Technical

Current Price₹ (%)
  • Bullish Moving Average
  • -
  • 3
  • Bearish Moving Average
  • -
  • 13
5 Day2,730.85
10 Day2,743.41
12 Day2,749.97
20 Day2,775.07

Shanghai Composite RESISTANCE AND SUPPORT

PIVOT2,731.97
First Resistance2,746.00First Support2,722.78
Second Resistance2,755.19Second Support2,708.75
Third Resistance2,769.22Third Support2,699.56
RSI33.82MFI-
MACD-41.71MACD Single Line-39.95

TOP INDIAN Indices

icon iNDICES NAME icon Price icon Price Change (%chg.)
Nifty 5025,790.95 375.15 icon 1.48
Nifty Next 5075,481.85 1,062.30 icon 1.43
Nifty 50024,193.80 339.85 icon 1.42
Nifty IT42,204.40 258.80 icon 0.62

ABOUT Shanghai Composite

The Shanghai Composite is the primary stock market index of the Shanghai Stock Exchange (SSE), representing all listed stocks, including A-shares and B-shares. The Shanghai Composite is an essential measure of China's economic performance and market trends because it represents a thorough representation of the Chinese market. Investors from all over the world closely monitor it to determine the state and future course of the Chinese economy. Established in 1990, this index has grown in significance, becoming a key reference point for those looking to invest in one of the world's fastest-growing and most dynamic economies.

What are the Timings of Shanghai Composite?

There are set trading hours for the Shanghai Composite Live market, which is open Monday through Friday. With a break from 11:30 AM to 1:00 PM, the market is open from 9:30 AM to 3:00 PM local time. The Shanghai Composite's timings are planned to match with international financial markets, ensuring seamless operations and enough time for traders to make well-informed choices.

Benefits of Shanghai Composite Index

Several advantages are available to investors in the Shanghai Composite Index, especially for those who want to be part of China's vibrant and quickly expanding economy. The Shanghai Composite, which comprises both large-cap and small-cap companies across a variety of industries, offers a comprehensive view of the Chinese stock market, which is one of its main advantages. Because of this diversity, investors can experience the Chinese market more widely while lowering the risk attached to individual stocks.

Being a leading indicator of Chinese economic trends is another advantage of the Shanghai Composite Index. Investors can assess the current state of the Chinese economy with the use of this index, which represents the performance of numerous industries. Making strategic investment decisions can be greatly aided by this knowledge, particularly for those wishing to take advantage of China's potential for long-term growth.

Moreover, the Shanghai Composite Index is relatively accessible to international investors, thanks to initiatives like the Stock Connect programs that link mainland Chinese markets with Hong Kong's. This access allows global investors to participate in China's economic growth without the complexities associated with directly investing in mainland Chinese stocks.

Finally, the Shanghai Composite serves as a benchmark for many Chinese equity funds, making it a crucial tool for portfolio management. By tracking the performance of the Shanghai Composite, investors can evaluate their portfolio's performance and make necessary adjustments to align with market trends. Additionally, it offers an opportunity to diversify portfolios geographically, helping mitigate risks associated with investing in a single region.

Conclusion

The Shanghai Composite provides investors with a view into one of the biggest and most influential markets in the world, making it an essential indicator of China's economic health. The Shanghai Composite offers an all-encompassing perspective on market trends and possibilities in China by monitoring a wide variety of enterprises. Understanding the Shanghai Composite is essential for making wise investing selections in the Chinese market, whether of whether you're an international or domestic investor. It gives information about the market's potential for the future in addition to reflecting its historical performance.

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International News

US Rate Cut Leaves Oil Market Unimpressed

China's industrial output growth dropped to a five-month low last month, while retail sales and new home prices fell further.

  • 19 Sep, 2024 |
  • 8:49 AM

Oil Prices Hold Steady Amid Fed Rate Cut Expectations

Brent crude futures for November fell 3 cents to $73.67 per barrel. U.S. oil futures for October fell 11 cents, or 0.2%, to $71.08 per barrel.

  • 18 Sep, 2024 |
  • 11:39 AM

Oil Market Jitters as Storm Looms

Brent crude futures for November finished at $72.75 a barrel, up $1.14 or 1.59%. U.S. crude futures for October finished at $70.09, up $1.44 or 2.1%.

  • 17 Sep, 2024 |
  • 9:40 AM

Oil Surges Amid Fed Rate Cut Expectations

Brent crude futures for November rose 15 cents, or 0.2%, to $71.76 a barrel. U.S. oil futures for October were up 23 cents, or 0.3%, to $68.88 per barrel.

  • 16 Sep, 2024 |
  • 10:00 AM

Oil Prices Hold Steady Amid Weakening Demand

Brent crude futures for November were up 24 cents, or 0.34%, to $70.86 a barrel. US crude futures for October were up 20 cents, or 0.30%, at $67.52.

  • 12 Sep, 2024 |
  • 10:03 AM

Oil Prices Plummet Below $70

The benchmark has fallen by about a fifth this quarter on concerns that slowing growth in the biggest consumers, the United States and China, will reduce consumption

  • 11 Sep, 2024 |
  • 11:17 AM

Oil Prices Rebound Amid Looming Hurricane Threat

Brent futures rose 78 cents, or 1.1%, to $71.84 a barrel, while US West Texas Intermediate (WTI) crude rose $1.04, or 1.5%, to end at $68.71.

  • 10 Sep, 2024 |
  • 9:45 AM

Shanghai Composite FAQs

Can I trade Shanghai Composite index in India?

Yes, Indian investors can trade the Shanghai Composite Index indirectly by investing in Chinese companies through mutual funds or exchange-traded funds (ETFs). However, unless they have access to specific international trading platforms, Indian investors are not allowed to trade directly on the Shanghai Stock Exchange.

At what time does Shanghai Composite open and close?

With a lunch break from 11:30 AM to 1:00 PM, the Shanghai Composite market is open from 9:30 AM to 3:00 PM local time. These timings allow investors to trade in alignment with global markets and make timely decisions.

What are the major companies of the Shanghai Composite Index?

The Shanghai Composite Index consists of a wide variety of companies from various industries. China Petroleum & Chemical Corporation (Sinopec), Industrial and Commercial Bank of China (ICBC), and China Life Insurance Company are a few of the significant businesses that are listed. These businesses are representative of important economic sectors in China.

What does Shanghai Composite mean?

The Shanghai Composite refers to the stock market index that tracks the performance of all A-shares and B-shares listed on the Shanghai Stock Exchange. It is a key indicator of the overall market sentiment and economic conditions in China.

Which country is Shanghai Composite index?

The Shanghai Composite Index is based in China. It tracks the performance of companies listed on the Shanghai Stock Exchange, reflecting the economic health and market trends of China's financial market.