TIINDIA
Futures
Tube Investments of India Ltd (Automobiles & Auto Components) — near-month futures price, basis to spot, open interest, contract specs and the TIINDIA options picture.
TIINDIA futures snapshot
Tube Investments of India Ltd (TIINDIA) near-month futures last settled at ₹3,285.60, up 0.89% on the day. Against a spot of ₹3,293.00, the contract is trading at a discount of ₹7.40 (0.22%). 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 200 shares, a contract value of about ₹657,120.
TIINDIA derivatives snapshot
On the options side, TIINDIA's nearest expiry (2026-06-30) shows a put-call ratio of 0.77, max pain at 3,160 and an ATM implied volatility of 41.0%. The heaviest call open interest sits at 3,400 (resistance) and the heaviest put OI at 3,100 (support). See the full TIINDIA option chain.
Contract specifications
| Exchange & segment | NSE — Equity Futures (F&O) |
| Sector | Automobiles & Auto Components |
| Lot size | 200 shares |
| Approx. contract value | ₹657,120 |
| Expiry | Monthly (last Thursday) — near, next & far series |
| Settlement | Cash settled |
How TIINDIA futures work
A TIINDIA futures contract is an agreement to buy or sell 200 TIINDIA 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 TIINDIA
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 TIINDIA 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 TIINDIA live
Live TIINDIA futures, option chain, OI, PCR and max pain with AI commentary — free to start on TradePulse.