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FAQ & Help Guide

Everything about Script Tick — Gift Nifty predictions, IPO & GMP basics, and how to use every calculator on the Site.

About Script Tick

What is Script Tick?

Script Tick is a free live market dashboard that shows Nifty 50, Gift Nifty, MCX Gold, MCX Silver, USD/INR, Brent Crude, Nasdaq 100, and Dow Jones — all on one screen. It also includes an NSE stock search tool, an IPO subscription tracker, and eight financial calculators. There's no login and no subscription required, and the dashboard auto-refreshes every 60 seconds.

Is Script Tick free to use?

Yes. Every feature — live prices, stock search, IPO tracker, and all calculators — is completely free, with no login, registration, or subscription required.

Where does Script Tick get its data from?

We pull data from NSE, NSE IFSC (GIFT City), MCX, Yahoo Finance, and other publicly available market data sources. Depending on the instrument, data can be delayed anywhere from under a minute (Nifty, USD/INR) to a few minutes (MCX, Gift Nifty) to around 15 minutes (US futures). For exchange-verified real-time prices, always check your broker's terminal.

Markets & Timing

What is Gift Nifty and how does it predict Nifty opening?

Gift Nifty (formerly SGX Nifty) is a Nifty 50 futures contract traded at NSE IFSC in Gujarat's GIFT City. Because it trades nearly around the clock — including before Indian markets open — traders widely use its price relative to the previous Nifty 50 close to estimate where Nifty 50 will open at 9:15 AM IST.

On Script Tick's homepage, the "expected opening" figure is calculated from the spread between Gift Nifty's current price and Nifty 50's last close:

  • Spread > +100 pts → likely to open higher
  • Spread between −50 and +50 pts → flat opening expected
  • Spread < −100 pts → likely to open lower

This is a simple statistical estimate, not a guarantee — actual opening prices can differ due to overnight news, order flow, and other factors not reflected in Gift Nifty alone.

What time does Nifty 50 open, and what happens in the pre-open session?

NSE's regular trading session begins at 9:15 AM IST on weekdays (excluding NSE holidays). Before that:

  • 9:00 – 9:07 AM: Pre-open order entry window — you can place, modify, or cancel orders
  • 9:07 – 9:08 AM: Order matching (no new orders accepted)
  • 9:08 – 9:15 AM: Buffer period
  • 9:15 AM: Normal trading session begins

Script Tick's prediction banner updates automatically through each of these phases.

Does Script Tick show data on weekends or market holidays?

NSE and MCX are closed on weekends and official market holidays, so live price updates pause during those periods. Script Tick shows the last available closing price along with a note indicating the market is closed, and displays the holiday name where applicable.

What are MCX Gold and MCX Silver rates based on?

MCX (Multi Commodity Exchange of India) is where gold and silver futures are traded domestically. Script Tick shows the MCX Gold rate per 10 grams and MCX Silver rate per kilogram, refreshed roughly every 0–5 minutes during trading hours. These are futures/spot-linked exchange prices — actual retail jewellery prices will differ due to making charges, GST, and dealer margins.

How do I look up a stock on Script Tick?

Use the Search Stock box on the homepage (or the Search tab on mobile) and type either the company name or its NSE symbol — e.g. "Reliance" or "RELIANCE", "TCS", "HDFC Bank". Press Enter or tap Search to open the stock's live price, chart, and key fundamentals on the dashboard page. Popular stock shortcuts are also listed for quick access.

IPO & GMP

What is an IPO?

An IPO (Initial Public Offering) is the process by which a private company sells shares to the public for the first time and gets listed on a stock exchange like NSE or BSE. Investors can apply for shares within a price band during the subscription window; if the IPO is oversubscribed, shares are allotted through a lottery-style process (for retail investors) or proportionately (for larger categories).

What does GMP mean?

GMP stands for Grey Market Premium — the unofficial premium at which IPO shares are bought and sold before they officially list, in an unregulated "grey market" that operates outside SEBI's oversight. For example, if an IPO's upper price band is ₹100 and the GMP is ₹20, some traders are informally quoting ₹120 for the shares ahead of listing.

GMP is often used as an informal gauge of listing-day sentiment, but it's not official, not regulated, and can change hour to hour — or turn out to be completely wrong once the stock actually lists. Never treat GMP as a reliable predictor of actual listing gains.

How do I know if an IPO is currently open for subscription?

The "IPO Open for Subscription" strip on the homepage shows only IPOs whose subscription window is currently active — i.e., today's date falls between the IPO's open and close dates. Each card shows the price band, closing date, and current GMP. Tap View All or visit the IPO page for the full list, including upcoming and recently listed IPOs, lot size, allotment date, and listing date.

What key IPO dates should I track?
  • Open Date: First day you can apply
  • Close Date: Last day to apply
  • Allotment Date: When the registrar finalizes who gets shares
  • Credit Date: When allotted shares are credited to your demat account
  • Listing Date: When the stock starts trading on the exchange

All of these are shown on the IPO page for each listing.

SIP & Lumpsum Calculator

What's the difference between SIP and Lumpsum?

A SIP (Systematic Investment Plan) assumes you invest a fixed amount every month over your chosen tenure. Lumpsum assumes a single one-time investment at the start. Both use the same expected annual return rate, compounded over time, to project the final maturity value.

How do I use the SIP & Lumpsum calculator?
  1. Choose SIP or Lumpsum mode
  2. Enter your monthly investment amount (SIP) or one-time amount (Lumpsum)
  3. Enter the expected annual return rate (%) and investment tenure (years)
  4. The calculator instantly shows total invested amount, estimated returns, and total maturity value

This is an estimate for planning only — actual mutual fund returns vary and are not guaranteed.

EMI Calculator

How does the EMI calculator work?

Enter your loan amount, annual interest rate, and tenure (in months or years) for any loan — home, car, personal, or education. The calculator uses the standard EMI formula to show your monthly EMI, total interest payable, and total repayment amount over the loan tenure, along with a breakdown of principal vs. interest.

Actual EMI from your bank may vary slightly due to processing fees, insurance add-ons, or floating-rate adjustments.

FD & RD Calculator

How do I calculate FD or RD maturity?

FD (Fixed Deposit): Enter the deposit amount, interest rate, tenure, and compounding frequency (quarterly is standard for most Indian banks) to see the maturity value and total interest earned.

RD (Recurring Deposit): Enter your monthly deposit amount, interest rate, and tenure to see the maturity value based on regular monthly contributions plus compounded interest.

Note: FD/RD interest is taxable as per your income slab, which this calculator does not factor in.

SWP Calculator

What is SWP and how do I use the calculator?

A Systematic Withdrawal Plan (SWP) lets you withdraw a fixed amount at regular intervals from a lumpsum investment (commonly used by retirees drawing a monthly "income" from mutual fund savings), while the remaining balance keeps growing at an expected return rate.

Enter your total investment corpus, expected annual return rate, monthly withdrawal amount, and time period. The calculator shows how long your corpus lasts, and the balance remaining at the end of the period.

Compounding Calculator

How does the compounding calculator work?

Enter your principal amount, annual interest/return rate, compounding frequency (yearly, quarterly, monthly), and time period. The calculator shows how your money grows over time as interest is earned not just on your principal, but also on previously earned interest — illustrating the "compound interest" effect year by year.

Inflation Calculator

What does the inflation calculator show?

Enter a current amount, an assumed annual inflation rate, and a number of years. The calculator shows the future cost of that amount (how much more you'd need to spend for the same purchasing power) or, conversely, the real/reduced value of a fixed sum of money after inflation erodes it over time. Useful for retirement and long-term goal planning.

Retirement Calculator

How does the retirement planner work?

This is a combined planner that layers SIP accumulation, inflation adjustment, and SWP withdrawal together:

  1. Accumulation phase: Enter your current age, retirement age, monthly SIP investment, and expected return rate to see your projected retirement corpus
  2. Inflation adjustment: Enter your current monthly expenses and expected inflation rate to see what you'll need to spend monthly at retirement
  3. Withdrawal phase: The calculator estimates how long your corpus will last if you withdraw your inflation-adjusted monthly expenses via SWP after retirement

This gives you a single view of whether your current savings plan is likely to be sufficient — treat the output as a planning estimate, not a guarantee.

Option Strategy Calculator

What is the Option Strategy calculator for?

This tool helps you visualize the payoff, profit & loss, and breakeven points of options strategies before you place a trade. You can model single-leg positions (buying/selling a call or put) or multi-leg strategies (like spreads, straddles, or strangles) by entering strike price, premium, lot size, and option type (Call/Put, Buy/Sell) for each leg.

How do I read the payoff chart?
  • The X-axis shows the underlying stock/index price at expiry
  • The Y-axis shows your profit or loss at each price point
  • The point where the line crosses zero is your breakeven price
  • Areas above zero = profit zone; below zero = loss zone

Important: This tool is for understanding strategy mechanics and education only. Options trading carries substantial risk of loss, and this calculator does not account for margin requirements, brokerage, taxes (STT), or slippage. It is not a recommendation to enter any specific trade.