Education Series on Derivative Contracts
Stock Futures or equity futures can be defined as future contracts
in which the underlying asset is an individual share. As mentioned
earlier, the holder of such a contract is eligible to purchase a
certain quantity of the equity in question on a future date at the
mutually agreed price.
For the time being, stock futures have been introduced in 31 shares in
the Indian equity market. The list is the same as the stocks on which
option trading facilities are available.