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Nifty, also known as the Nifty 50, is a stock market index in India. It represents the weighted average of the top 50 actively traded companies listed on the National Stock Exchange (NSE). Nifty serves as a benchmark for the overall performance of the Indian stock market and is widely used by investors to gauge market trends and make investment decisions.
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Futures and options (F&O) are derivatives contracts whose value depends on the underlying assets. Futures contracts are agreements to buy or sell an asset at a predetermined price and date. On the other hand, options provide the right but not the obligation to buy or sell an asset within a specified timeframe. Futures and options play pivotal roles in share markets. They allow traders to engage in trading while managing market risks actively.
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