Rupee closed higher at 71.48/4850 per dollar on Tuesday (20 November 2018), versus its previous close of 71.6500/6525 per dollar.

The currency market will be shut for trading on 21 November 2018 (Wednesday) on account of holiday for Id-E-Milad. The market will resume trading on Thursday.

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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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