Introduction of Derivative 

Derivative stock trading ek aisa investment option hai jisme traders contracts ko buy aur sell karte hai jinke price stocks ke price movements se related hote hai. Ye contracts futures aur options ke naam se jaane jate hai. Futures contracts ek agreement hai jisme traders ek specific stock ko ek nishchit price aur samay par kharidne ya bechne ke liye taiyar ho jaate hai, jabki options contracts traders ko kisi stock ko ek nishchit price aur samay par kharidne ya bechne ke adhikar dete hai lekin ye ek zimmedari nahi dete.

India ke stock market mein derivative trading SEBI dwara regulate kiya jata hai. Derivative trading ke do bade exchanges National Stock Exchange of India (NSE) aur Bombay Stock Exchange (BSE) hai. Dono exchanges India mein list kiye gaye ek wide range ke stocks par futures aur options contracts offer karte hai.

Derivative trading traders ko upar neeche stocks ke price movements se fayda uthane ki avsar deti hai. Agar trader ko lagta hai ki ek particular stock ki keemat badhegi, toh wo us stock par ek futures contract kharid sakta hai aur agar stock ki keemat badhti hai, toh trader ko fayda hoga. Ya phir, agar trader ko lagta hai ki stock ki keemat girne wali hai, toh wo us stock par ek futures contract bech sakta hai aur agar stock ki keemat sach mein girti hai, toh trader ko fayda hoga.

Derivative trading traders ko apni positions ko hedge karne ki bhi avsar pradan karta hai. Hedging ek risk management strategy hai jisme traders ek derivative contract mein ek opposite position lete hai jo underlying asset mein ek maujood position ke opposite hota hai. Isse traders apne portfolio ko potential nuksan se bacha sakte hai.

Halaanki, derivative trading ek high-risk, high-reward investment option hai jo kaafi knowledge aur experience ki zaroorat hoti hai. Traders ko market trends ko samajhna, underlying stock ki financials ko analyze karna aur technical analysis ke baare mein acchi tarah se samajhna zaroori hai.

Stock market ki volatility derivative trading par kaafi asar daalti hai. Futures aur options contracts ke prices kaafi tezi se badalte rehte hai aur sudden price movements traders ke liye significant losses laa sakte hai.

In conclusion, derivative stock trading India ke stock market mein ek popular investment option hai. Ye traders ko upar neeche stocks ke price movements se fayda uthane aur unki positions ko hedge karne ki avsar pradaan karta hai. Halaanki, ye ek high-risk, high-reward investment option hai aur iske liye kaafi knowledge aur experience ki zaroorat hai. Traders ko kisi bhi derivative trade mein enter hone se pehle caution rakhni chahiye aur thorough research karni chahiye.