Nifty v/s Sensex - costs and charges

General
1

Hi,

My trade size is generally about 500 Nifty futures for which I require about 3.5 lakh margin.

If I used that same Rs 3.5 lakh as margin to trade the Sensex, instead of the NIfty, would I save any money? Would it cost me less in terms of exchange fees or any other fees / charges? And how much money would I be saving per trade?

Thanks and regards,

hbmindia

2

There isn’t much liquidity in Sensex Futures. If I were you, I’d still prefer trading Nifty Futures.

As far as the costs are concerned STT,Service tax, Brokerage etc. remains the same. The only charge that is different is Transaction charges where BSE charges are relatively lower but that wouldn’t really push me to trade BSE Futures. This is my personal opinion though :slight_smile:

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