Is NIFTY Intraday futures trading the same as usual Intraday trading or do they differ? Pl reply

General
2

Little confused with your question, but if you are asking how Nifty intraday futures to Equity intraday trading differs then:

  1. Nifty futures is inherently leveraged. You can buy Rs 4lk worth of Nifty ( 50 x 8000) with around Rs 40k in your account and keep it till the expiry day of the contract.

    With equity, whatever leverage you get is only for intraday, and has to be squared off before 3.30pm.

  2. But if you say use the intraday product type as MIS(where you get additional leverage while trading futures), then it very similar to equity intraday trading. Only difference is that you have to buy/sell Nifty in multiples of 50, and there is no restriction as such when trading equity.

1 Like
3

I am not sure, but Intraday Nifty Futures (MIS category) have Intraday Mark to Market (MTM) I think.

In that case, if the futures price move against you within intraday and you don’t have sufficient margin maintained in your trading account, it will be squared off automatically in loss.

In case of EQ intraday, the leverage has already factored in sufficient margins, so the chances of automatic sqaure off are slim or negligible.