CNX IT Nifty Futures

A futures contract is a forward contract, which is traded on an Exchange. A forward contract o r simply a f orward is a contract between two parties to buy or sell an asset at a certain future date for a certain price that is pre-decided on the date of the contract. CNX IT Futures Contract would be based on the index CNX IT index. NSE defines the characteristics of the futures contract such as the underlying index, market lot, and the maturity date of the contract. The futures contracts are available for trading from introduction to the expiry date.