1.In the above example on step 1 you brought 1 lot (50 shares) of NIFTY Futures at the price of Rs 7643.90. so how much you paid here is it only 7643.90 or
50*7643.90 =382,195
or some % of margin money say 10% of 382,195
which is 38219 2. suppose you brought for 38219 and you sold on the same day where nifty fell 100 points. So how much you loose.
50*7543.90=377195 which 37719.50
so loss is 38219 - 37719.50 = 500 ( excluding tax)
so how much you paid here
is it only 7643.90 or
50*7643.90 =382,195
or some % of margin money say 10% of 382,195
which is 38219
2. suppose you brought for 38219 and you sold on the same day where nifty fell 100 points. So how much you loose.
50*7543.90=377195
which 37719.50
so loss is 38219 - 37719.50 = 500 ( excluding tax)
is that correct or you have to pay 377195..?