Nifty is an index and its value is calculated based on price of shares of 50 companies it represent . That value is know as Nifty value . Based on this ,Nifty is also traded on exchange as Nifty future contracts this price closely resembles the true value of the NIFTY at any given point but due to trading of the contract the value of contract is some time above the true value its know as premium and when the contract is traded blow the true value its know as discount .
First of all, you need to have a futures trading account with your local futures broker. After that is in place, it is a simple matter of going long on the nifty futures when you think the market is going to go up and going short when you think the market is going to go down.
Nifty Futures is also a financial instrument in which futures contracts are done on the basis of S&P Nifty index which is the benchmark of NSE. Nifty futures are a instrument type of market in which trading is done on the basis of the underlying index S&P CNX NIFTY. S&P CNX Nifty futures contracts have a maximum of 3-month trading cycle - the near month (1st ), the next month (2nd ) and the far month (3rd ). A new contract is introduced on the trading day following the expiry of the near month contract. The new contract will be introduced for three month duration. This way, at any point in time, there will be 3 contracts available for trading in the market i.e., one near month, one mid month and one far month duration respectively.
what does nifty stand for?
Nubian Intelligence From The Yahweh= NIFTY
Nifty stands for National Fifty.
AdjectiveParticularly good, skillful, or effective: "nifty footwork"; "a nifty little gadget".Fashionable; stylish: "a nifty black shirt".Synonymsnatty - smart - neat
National Stock Exchange's Fifty is Nifty
Nifty Theatre was created in 1919.
Nifty Corporation's population is 556.
The population of Nifty Corporation is 31.
Nifty Comics was created in 1995.
The duration of The Nifty Nineties is 360.0 seconds.