Happy birthday Nifty futures: Take a look at the 19-year journey of India’s top derivative instrument
Updated : June 13, 2019 02:17 PM IST
In a way, India already had a Badla system but this was a more formal way of introducing forward markets into India
Today, Nifty futures form only 10-20 percent of overall F&O volumes on a daily basis but it still remains India’s number 1 derivative instrument
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