Margin for Nifty futures

Discussion in 'Brokers & Trading Platforms' started by ashok1010, Aug 1, 2006.

  1. ashok1010

    ashok1010 New Member

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    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
     
  2. srswinku

    srswinku New Member

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    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.
     
  3. ashrafchombalan

    ashrafchombalan New Member

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    Some brokers are giving consideration for nifty intraday trades for promoting volume in derivative segment. For Example, Prabhudas Lilladher giving intra day trades with 1/4 th of actual margin. i,e., with Prabhudas Lilladher, you can trade in nifty for intrday with 6-7 k margin
     
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