NSE is introducing new contracts and this time it has ventured into the Financial Services Derivative contracts which will be available from 11 Jan 2021 and will be with a lot size of 40. The companies are included as following:
- HDFC.
- HDFC Bank.
- HDFC Life
- HDFC AMC
- ICICI Bank
- ICICI Prudential
- ICICI Lombard.
- Bajaj Finance
- Bajaj Finserv.
- Bajaj Holding.
- Cholamadlam.
- Shriram Transport finance
- SBI.
- SBI Life
- REC- PFC
- Axis Bank.
- Kotak Bank
- M M Finance.
- India Bull Housing
- Piramal Enterprise
Why Trade Nifty Financial Index?
The above index will have more volatility than Nifty but will have lesser volatility than Bank Nifty. You can make a good profit with lesser volatility through this index trading.
From 11 Jan 2021, we will have Nifty/Bank Nifty/ Service Nifty indices to trade and you are going to be immensely benefitted with our Nifty Financial Index Tip for the day as it will get you to profit in less than 2 hours in the day.