Future is a binding contract between two parties to buy or sell an asset at a set price on a specific date in the future.
Unlike an Option, where you have a choice, a Future is an obligation. If you hold the contract until the end, you (or your broker) must settle it, regardless of whether you are in profit or loss.
Who uses Futures and Why?
In the Indian market, participants generally fall into three buckets. Each has a very different reason for being there.
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