What is the conversion of Nifty points into INR?

General
1

I want to know how much does 10 Nifty points convert into in INR.

While trading on Nifty futures, do my profits get added to my account by the end of the day?

Thanks

2

One lot of nifty is of 75 hence 75 x 10 points = Rs.750/- . If u are into profit then profit - (brokerage+taxes) and if you are into losses then losses + (brokerage+taxes) Yes, if you have overnight. Position in futures, not only ur profit but ur losses also get accounted on daily basis.

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