NAM-INDIA
Futures
Nippon Life India Asset Management Limited (Financial Services) — near-month futures price, basis to spot, open interest, contract specs and the NAM-INDIA options picture.
NAM-INDIA futures snapshot
Nippon Life India Asset Management Limited (NAM-INDIA) near-month futures last settled at ₹1,186.90, up 1.67% on the day. Against a spot of ₹1,191.00, the contract is trading at a discount of ₹4.10 (0.34%). A futures premium typically reflects the cost of carry (financing minus dividends); a persistent discount can signal bearish positioning, heavy hedging or an upcoming dividend. One lot is 625 shares, a contract value of about ₹741,812.
NAM-INDIA derivatives snapshot
On the options side, NAM-INDIA's nearest expiry (2026-06-30) shows a put-call ratio of 0.78, max pain at 1,120 and an ATM implied volatility of 34.4%. The heaviest call open interest sits at 1,200 (resistance) and the heaviest put OI at 1,080 (support). See the full NAM-INDIA option chain.
Contract specifications
| Exchange & segment | NSE — Equity Futures (F&O) |
| Sector | Financial Services |
| Lot size | 625 shares |
| Approx. contract value | ₹741,812 |
| Expiry | Monthly (last Thursday) — near, next & far series |
| Settlement | Cash settled |
How NAM-INDIA futures work
A NAM-INDIA futures contract is an agreement to buy or sell 625 NAM-INDIA shares at a set price on a future date. You don't pay the full contract value — only a margin (the exchange's VaR + ELM), which is what gives futures their leverage. Work out the exact figure with the equity margin calculator.
Two ideas matter most: basis (futures minus spot, which converges to zero by expiry) and rollover (moving a position to the next series as expiry nears — heavy rollover with rising OI signals continued interest). Positions are marked-to-market daily, so profit and loss settle into your account each session.
Futures vs options on NAM-INDIA
Futures give linear, leveraged exposure with unlimited profit and loss; options let you define risk (a buyer's loss is capped at the premium) and express views on volatility. Many traders use the NAM-INDIA option chain for the OI walls and sentiment, then trade futures or options around those levels. Size any trade with the position size calculator.
Track NAM-INDIA live
Live NAM-INDIA futures, option chain, OI, PCR and max pain with AI commentary — free to start on TradePulse.