NCDEX24 Benefits and How to Open an Account? [2024]

NCDEX24 – National Commodity & Derivatives Exchange Limited is a wholly government-owned organization with an initial capital of Rs.5 Crores contributed by the GOI. Effective September 28, 2015, the Exchange became a recognized stock exchange under the Securities Contracts (Regulation) Act, 1956, under the regulation of the Securities and Exchange Board of India (SEBI). NCDEX 24 is a free application which provides live rates of NCDEX.

The spot prices are disseminated per process put in place by the NCDEX for information only and shall not be considered as guidance, invitation or persuasion. Users/Visitors must make their own decisions based on their independent enquiries, appraisals, judgment, wisdom and risks. NCDEX and its affiliates, their employees, directors or agents shall not be liable or responsible for any loss or costs or any action arising from the use or reliance on the spot prices disseminated.

Introduction Of NCDEX24

Watch Market Data; Live Futures Quotes NCDEX e Markets Limited (some time ago known as NCDEX Spot Exchange Ltd) is India’s leading National Spot Exchange. These exchanging stages consolidate mechanical effectiveness, and well-disposed market exchanging highlights a straightforward climate to make exchanging a rich and remunerating experience.

ncdex24.in works with area specialists and offers to exchange stages for exchanging a large group of rural and non-horticultural products to different market members and essential makers, including ranchers, dealers, processors, and so on. We are demonstrating Live NCDEX rates like Buy Price, Sell Price, Ltd, Buy Quantities, sell Quantities, Net Change, Average Price, Open, Low, Close on mobile, NCDEX commodity exchanging advice, NCDEX exchanging tips, NCDEX live update, NCDEX spot quotes, NCDEX ftp, NCDEX website, NCDEX prospects quote.

Commodities Traded at NCDEX24

The commodities traded at NCDEX24 are many. Some of them are listed below:

Kapaskhali, Aluminium, Wheat, CFI, Rubber, Refsoy oil, Cardamom, Gold, Lead Mini, Potato, Tin, Soyabean, Heating oil, Silver, Silver, Coriander, Chana del, Copper, Crude oil, Turmeric, Barley, Steel, Guar seed, T Coal, Zinc, Kapas, Zinc Mini, Lead, CPO, Flake menth, ATF, Mentha oil, Natural gas, Maize, Platinum..

Shareholders Of NCDEX24

• National Bank for Agriculture and Rural Development (NABARD)
• National Stock Exchange of India Limited (NSE)
• Life Insurance Corporation of India (LIC)
• ICICI

Other shareholders:

• Indian Farmers Fertilizer Cooperative Limited (IFFCO)
• Goldman Sachs,
• Punjab National Bank (PNB)
• CRISIL Limited
• Canara Bank.

What is NCDEX 24 Market Timing?

Commodity                                         Market Time                                       Auto Square Off Timer

    (Intraday Product)

Agricultural (Agri)-MCX and NCDEX            9.00 am to 5.00 pm                                    4.30 pm

Internationally link Agri- MCX and

NCDEX (Cotton, CPO, SYOREF etc.)            9.00 am to 9.00 pm                                     8.30 pm

Other Commodities

(Gold, Silver, Crude etc.)                               9.00 am to 11.55 pm                                 11.25 pm

Can We Trade in NCDEX24?

While one can trade in commodities on the NCDEX and the MCX, the NCDEX has a leadership position in Agri-commodities trading. Trading in commodity futures on the NCDEX differs from the equity futures market in two ways.

Benefits of the NCDEX24

In establishing and maintaining an online market for crops, the NCDEX 24 has helped to increase transparency of market

The Trade and Exchange assist Indian farmers in the discovery process of price

The NCDEX24 enables them to price their goods accurately even if they are not active in the futures market.

How to Open NCDEX Trading Account?

Select a Stockbroker. As we have discussed above, there are two types of stockbrokers and many stockbrokers available in the market.

• Filling out the online Application form
• The second step to open an NCDEX trading account is the online form fill-up
• Verification
• Deposit margin money