venom5637 venom5637

09-05-2024
Business

Answered

Mr Ketan, a trader, has a bullish view of the markets. He buys one lot of the Nifty50 futures at $16,010 of the current month's expiry.
Let's assume that the Nifty50 spot is currently trading at 215,990. NIFTY50 rises to $16,200. What is the profit gained?

Answer :

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