Glossary
/FNO Full Form
The full form of FNO is Futures and Options.
This is the wild side of the stock market. Instead of buying the actual share, you are just betting on whether its price will go up or down by a specific date. You trade using contracts that require a tiny margin. The leverage is crazy. You can double your money in a single day, but you can also wipe out your entire account if the trade goes slightly against you. Beginners should stay far away.