What is FnO in stock market ?

[RakeshVed]

Hi
I have seen many people talking about FnO when they talk about stock market. What is it actually ?

[gustongroves]

I am glad to provide you the required information. F&O means Futures and Options. Futures and options represent two of the most common form of "Derivatives". Derivatives are financial instruments that derive their value from an 'underlying'. The underlying can be a stock issued by a company, a currency, Gold etc.

[RakeshVed]

Sorry but this is not helping.