Option BTST

Nifty futures: The broadly traded instrument in the market

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Nifty futures are index futures wherein the underlying is the Standard & Poor (S&P) CNX Nifty index. In India, index futures trading began in 2000 on the NSE. The Nifty futures contracts are rooted in the popular benchmark Nifty-50 Index. Nifty futures have a high position in the Indian derivative world.   Nifty futures is the most largely traded instrument, whereby making it the large amount liquid contract in the derivative market.

In Nifty futures contracts, the standard lot size is 50 or its multiplies.  Resembling to other futures contracts, Nifty futures contracts also have a 3-months’ trading cycle i.e. the ‘near month’, ‘next month’ and the ‘far month’. To succeed in this trade, traders are to follow proper  ‘Nifty Future Tips’ or ‘Nifty Stock Option Tips’. The nifty future tips covers information of nifty market trends, nifty calls and the other factors related the trades.  Once you get acquainted with Nifty futures trading, you can be actively involved in the Nifty Futures trading. For this reason, Money Maker Research, the top market researcher provides intraday calls helping our customers to minimize the risks and also provide the traders the different strategies helping them to accomplish the nifty trade targets. It also provides Stock Option Tips, Call Put option tips, Stock cash tips and more.

Reliance Defence and Engineering gets approval to exit debt restructuring scheme

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Money Maker Research, Investment Advisory, RDEL, MArket Update, News Update, Stock NewsReliance Infrastructure Ltd has said that the company’s unit Reliance Defence and Engineering Ltd (RDEL) has obtained approval from the CDREG (Corporate debt restructuring empowered group) for exiting from the scheme.

RDEL’s existing debt of Rs. 650.00 crore will be converted into equity shares at a price of Rs. 59.35 per share, Reliance Infrastructure said in a note on Tuesday. Moreover, It has increased its shareholding in RDEL to 31%.

Reliance Defence and Engineering has a large ship-building infrastructure while Reliance Infrastructure has businesses in roads, power and Metro rail sectors. The former’s current order stands at over Rs. 5,300 cr, for coast guard, naval and commercial vessels.

RDEL Shareholders had already approved the said issue of equity shares to lenders by conversion of debt, at the company’s meeting held on March 20, 2017, it said.