Margin for Nifty futures

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  #1  
Old 1st August 2006, 12:48 PM
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Default Margin for Nifty futures



Hello Friends,

Currently I am day trading in Nifty futures, could you tell me which broker offers the lowest margin amount, for Intraday in Nifty futures.Currently I am paying 25 thousand per lot, for Nifty day trading.

Any help on the same would be highly appreciated.

Regards,
Ashok
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  #2  
Old 13th April 2007, 01:22 AM
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srswinku is on a distinguished road
Default Re: Margin for Nifty futures

As for as i know Nifty futures margin amount is decided by NSE and not by brokers, now on an average nifty is at 3750 and nifty lot is 50 and initial margin is 14 % . so 50 * 3750 * 0.14 = 26250. This is the amount you need to have to trade nifty futures.
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