|
|
| Discuss Taking Position in Nifty at the Beginners Guide within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi All, My query may seem foolish, but I am ignorent of the situation and ... |
|
|||||||
| Notices |
| Beginners Guide New to trading and investing? Discuss the basic steps to becoming a trader or investor here! |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
26th November 2007, 10:30 AM
|
|||
|
|||
Taking Position in Nifty
Hi All,
My query may seem foolish, but I am ignorent of the situation and that's why asking the question. I want to ask that how can a person take a position in nifty (the index), except for purchasing the same in futures. Is it possible to buy nifty index in cash section or do we have to go thru the futures route only (which is high risk / reward business) thanks in advance. SKG 
|
| Sponsored Links |
|
#3
26th November 2007, 11:56 AM
|
|||
|
|||
|
Re: Taking Position in Nifty
Quote:
You can check out Nifty ETF, 1 unit is 1/10th of nifty, listed on NSE. Usually trades at a premium of 5+ points as also carries some dividend component. The big problem is low liquidity, resulting in worst spreads and impact cost. Another problem is only 1 instrument currently so no diversification. But over all a good product, tracks nifty realtime. Works ok if you don't mind putting in a limit order and can wait for a fill. Thanks Nb
|
|
#4
26th November 2007, 02:47 PM
|
|||
|
|||
|
Re: Taking Position in Nifty
Thanks very much for your precious time to make things clear.
However, does ETFs trade like normal shares or their brokerage / entry / exit charges are higher? SKG
|
|
#5
26th November 2007, 04:47 PM
|
|||
|
|||
|
Re: Taking Position in Nifty
Quote:
Cost of trading is not to be confused with cost of management of the Mutual Fund, its an index MF just can also trade it on NSE. Symbol NIFTYBEES JUNIORBEES NSE ETF Link Check the quotes on NSE Web site Intraday chart Nifty ETF Nifty Jr ETF Beside these also have Bankbees I think Thanks nb
|
|
#6
27th November 2007, 09:48 AM
|
|||
|
|||
|
Re: Taking Position in Nifty
Thanks NB. Really appreciate your help.
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
