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The average daily turnover in the F&O Segment of the Exchange during the financial year April 2013 to March 2014 stood at ₹ 1.52236 trillion (US$17 billion). Nifty 50 is an important stock market index comprising the 50 largest publicly traded companies on the NSE in India. [44]
The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. [1] [2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the National Stock Exchange of India.
In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option.