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Nifty PSE index ended down 1.25% at 3295.95 today. The index has gained 5.00% over last one month. Among the constituents, NMDC Ltd shed 3.90%, Steel Authority of India Ltd dropped 3.86% and GAIL (India) Ltd slipped 3.74%. The Nifty PSE index has fallen 25.00% over last one year compared to the 2.05% increase in benchmark Nifty 50 index. In other indices, Nifty Metal index has dropped 1.16% and Nifty Commodities index has dropped 1.05% on the day. In broad markets, the Nifty 50 increased 0.49% to close at 10855.15 while the SENSEX recorded a gain of 0.64% to close at 36212.91 today.

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  Nifty Future Tips

Nifty future is nothing but the index future where the underlying is the S&P CNX Nifty index. In India, index futures trading started in 2000 in NSE. For Nifty futures contracts, the permitted lot size is 50, and in multiples of 50. Like other futures contracts, Nifty future tips contracts also have a three-month trading cycle - the near-month, the next month and the far-month.



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