sir pls tell me why the price of hcl tech EQ is different from hcl future??
Read what is contango and Backwardation.
Why there is difference ?
Some times the stock price will have the dividend while futures holders will not get the dividend.So the Futures will be trading at a price (stock price - dividend).
Some believe that it reflects the future sentiment
I believe it is sheer speculation.
The operator is keeping the price at discount/premium :rofl:
.It keeps changing.
On expiry date - The last Thursday of every month the futures price previously trading at premium/discount will expire at the close of the spot price.