suppose i have sell nifty future contract for 3 months for rs 2000/- and settle it after 2 months then gain or loss on future contract will be calculated using future price on that day or cash market price. plz reply
akash patni (industry) (74 Points)
10 April 2010suppose i have sell nifty future contract for 3 months for rs 2000/- and settle it after 2 months then gain or loss on future contract will be calculated using future price on that day or cash market price. plz reply
Shweta Garg
(CA FINAL Executive(Payables))
(147 Points)
Replied 13 April 2010
Gain or loss to be calculated as per cash market price as on that day.
Shweta Garg
(CA FINAL Executive(Payables))
(147 Points)
Replied 15 April 2010
sorry frndz,
Gain or loss to be calculated as per future market price as on that day and not the cash market price.
sorry for the mistake.
CA Himanshu Bansal
(Risk Manager)
(2345 Points)
Replied 15 April 2010
| Originally posted by : akash patni | ||
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suppose i have sell nifty future contract for 3 months for rs 2000/- and settle it after 2 months then gain or loss on future contract will be calculated using future price on that day or cash market price. plz reply |
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Before Expiry,bought @ fut price and sold @ Fut price or vice versa..
So,gain or loss to be calculated on Future price..
CAclubindia
