Rupee continued to edge up on Wednesday (06 March 2019) and closed higher at 70.4525/4575 per dollar, versus its previous close of 70.6925/6975 per dollar.

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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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