if I buy and sell sp500 for 1 point profit, do I get 1 point of dollar or INR? The lot size is 250 so doi get 250 usd or inr?
In INR only, all the trades on indian stock markets will be in INR only,
Example if you have made 1 point profit in SP500 as lot size is 250 you will make 1x250 = 250 rupees profit (brokerage+STT etc., charges apply)