Nifty futures

Nifty futures


Nifty 50 is the benchmark or index of NSE, owned and managed by IISL, founded in 1950. Index is simply an indicator which gives an overview about the happenings in stock market. Index is simply a measure and has no physical existence. The nifty 50 future and tips shrouds 13 sectors of Indian economy in one folder. Later, sectional indices came into existence like nifty bank and tips, nifty IT, etc.
If nifty goes up and has a green indicator, it connotes that the stock price of major companies in NSE have gone up. If nifty goes down and has a red indicator, it connotes that the stock price of major companies in NSE have gone down.
Nifty is a statistical measure and has no real-time existence. Hence, trading is done in futures as delivery service is not available in this derivative. This service is beneficial for those traders who trade in index futures.

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