Section B (2 Mark)A dealer sold one January Nifty futures contract for Rs.

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Section B (2 Mark)

A dealer sold one January Nifty futures contract for Rs.250,000 on 15th January. Each Nifty futures contract is for delivery of 50 Nifties. On 25th January, the index closed at 5100. How much profit/loss did he make ?

Profit of Rs. 9000

Loss of Rs. 8000

Loss of Rs. 9500

Loss of Rs. 5000

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Section C (4 Mark)Which of the following statements are correct?

Section B (2 Mark)A January month Nifty Futures contract will expire on the last _____...

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Section B (2 Mark)A dealer sold one January Nifty futures contract for Rs.

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