How Nifty can be traded ?

Nifty can be traded in the same manner as any other Option. Nifty is an Index Option. An Index is a group of stocks, such as Nifty 50 or NSE Bank Nifty. The Nifty Option is calculated from the Nifty. You have options for Nifty 50 and NSE Bank Nifty, as well as NSE Nifty Midcap50 and NSE Nifty Midcap50. Each Option has its own strike price and premiums. They also have different lot sizes and expiry dates.