Profile of the nifty futures market




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Profile of the nifty futures marketProfile of the NIFTY Futures Market

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As of September 2008, the Nifty stock index includes the following fifty companies:

ABB

ACC

Ambuja Cements

Bharat Heavy Electricals

Bharat Petroleum Corporation

Bharti Airtel

Cairn India

Cipla

DLF

Dr. Reddys Laboratories

GAIL (India)

Grasim Industries

HCL Technologies

HDFC Bank

Hero Honda Motors

Hindalco Industries

Hindustan Unilever

Housing Development Finance Corporation

I T C

ICICI Bank

Idea Cellular

Infosys Technologies

Larsen Toubro

Mahindra Mahindra

Maruti Suzuki India

NTPC

National Aluminium Co.

Contract Specifications

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Symbol: NIFTY

Expiration date (as of September 2008): September 25 2008 (the last Thursday of every third month)

Exchange: NSE

Currency: Rupee (RS)

Multiplier / Contract value: 50 RS

Tick size / Minimum price change: 0.05

Tick value / Minimum price value: 2.5 RS

In 2008, the NIFTY futures market is open for trading every trading day (Monday to Friday), except for the following holidays:

Exchange Web Site

The National Stock Exchange web site is available at nse-india/. and provides additional information about the exchange, its trading system, and the Nifty index and futures market.