The Nifty 50 or the Bank Nifty. They provide investors and traders with an opportunity to bet on the direction of the overall market or the movement of a particular sector without having to purchase or sell the component stocks of the index. In other words, an index option is a contract that entitles the buyer to the right, but not the obligation, to buy or sell the underlying index... https://topcollegesadmission.in/college-list/mtechme/mumbai