With a Cover order, margin on Nifty futures are as low as 5 to 6k.
Can you read this blog?
Detailed information is given here.
As you know, for NRML you dont need margin for FnO buy order. For selling FnO (option writing), you would need margin depends on the contract you trade, number of lots and expiry. There is a superb tool for you to decide how much margin you would need for trading. Chek this out.
It will be decided by Index based on Underlying asset Previous day close price.
i’m asking about nrml not mis…