The term Futures refers to an agreement between two parties to buy or sell an asset at a certain time in the future at a certain price. Futures contracts are special types of forward contracts in the sense that the former are standardized exchange traded contracts.
An option is the right, but not the obligation, to buy or sell something at a stated date at a stated price. A "call option" gives one the right to buy; a "put option" gives one the right to sell.
Presently, NSE and BSE are offering Derivatives Products based on their indexes as well as few selective stocks. By enrolling as a client with group Vishwas Fincap, a client may avail of the opportunity to trade on derivatives segment of NSE as well as BSE.