How to paper trade BankNifty options
Practise trading BankNifty options and futures with live prices and virtual money. Lot size, volatility and how to trade.
BankNifty tracks India's largest banks and moves faster and wider than NIFTY — bigger points, bigger swings — which is why active traders love it. Practise BankNifty options and futures with live NSE prices and virtual money.
Key facts
- Lot size: 35 (check current, as exchanges revise it)
- More volatile than NIFTY — larger point moves, so tighter risk control matters
- Expiries: monthly (and weekly where offered)
How to trade BankNifty
- In the Terminal, tap BANK NIFTY in the index bar.
- Open the Option Chain, choose expiry and strike.
- Buy a call/put or trade the future; always set a stop-loss — BankNifty moves fast.
Compare the two indices: NIFTY vs BankNifty.
FAQ
Is BankNifty riskier than NIFTY?
It's more volatile — larger, faster moves mean bigger gains and losses, so disciplined stops are essential.
What's the BankNifty lot size?
Currently 35 units per lot (exchanges revise this periodically).
Why do traders prefer BankNifty?
Its bigger intraday range offers more opportunity for active and scalp trading.