The Best Prop Account for NIFTY and BANKNIFTY

One account covers all three Indian indices, so the real question is not which platform but which index to trade on it. That comes down to lot size and how far the premium travels in a session — which is what decides whether a daily loss limit feels generous or tight.

The three indices, side by side

NIFTY 50

NSE

Lot size
65
Expiry
Weekly (Tuesday) and monthly
What one lot means
A ₹1 move in the premium is ₹65 on one lot

The widest room against a ₹4,000 daily limit. Where most people should start.

BANK NIFTY

NSE

Lot size
35
Expiry
Monthly
What one lot means
A ₹1 move is ₹35 on one lot, but the premium itself moves further and faster

Larger premium swings burn a daily limit quicker. Size down, not up.

SENSEX

BSE

Lot size
20
Expiry
Weekly (Thursday) and monthly
What one lot means
A ₹1 move is ₹20 on one lot — the finest control of the three

The smallest step size, so the easiest to keep inside a tight limit.

Lot sizes are the exchange's own and change only when NSE or BSE change them.

The limits you trade them against

ProgrammeFeeDaily lossOverall lossWindowYour share
2-Step Evaluation₹2,700₹4,000₹10,00060 days80%
1-Step Evaluation₹3,900₹4,000₹8,00045 days80%
Instant Funding₹4,100₹3,000₹6,00030 days70%

On a ₹1 Lakh account. A ₹4,000 daily limit is roughly 61 points of NIFTY premium on one lot, or 114 points of BANKNIFTY — which is why the same limit feels different on each.

Per-index detail

Each index has its own page with the rules written out against it — expiry behaviour, how the limits translate into points, and what the lot means for sizing.

Common questions

Which index is best for a prop challenge in India?

For most people, NIFTY. The lot is 65 and the premium moves in smaller steps than BANKNIFTY, so a ₹4,000 daily loss limit on a ₹1 Lakh account gives you room to be wrong once without the day ending. BANKNIFTY rewards being right faster and punishes being wrong just as fast. SENSEX has the smallest lot at 20, which gives the finest control of position size.

Can I trade NIFTY and BANKNIFTY on the same account?

Yes. One account gives you NIFTY, BANKNIFTY and SENSEX — there is no separate purchase per index and no restriction on moving between them. The loss limits apply to the account as a whole, not per instrument.

What is the lot size I will be trading?

The exchange lot, unchanged: 65 for NIFTY, 35 for BANK NIFTY and 20 for SENSEX. The platform does not invent its own contract sizes, so what you learn here transfers directly to a live account.

Are these real prices or simulated?

The prices come from the live NSE and BSE feed, so the chart and your fills reflect the real market. The environment itself is simulated — your orders do not reach the exchange — which is what makes it an assessment rather than a brokerage.

Can I hold an options position overnight?

No. Positions are closed at the end of the session, and nothing is carried over a weekend. The rule is the same across all three indices and all three programmes.

What happens on expiry day?

Contracts that reach expiry are settled and the position closes at the settlement level. Expired contracts are removed from the instrument list, so you cannot open a position in something that has already died.

One account, all three indices

NIFTY, BANKNIFTY and SENSEX on the same assessment. Fees from ₹2,700, limits published before you pay.