F&O Futures Curve

A futures contract is an agreement to buy or sell an underlying at a fixed price on a future date. On NSE / BSE / MCX three monthly expiries trade simultaneously — current, next, and far month. The basis is the gap between the futures price and the spot price: positive basis (contango) typically reflects cost-of-carry; negative basis (backwardation) usually signals stress or expected dividend. Pick an underlying below to see its 3-expiry curve.