Comment on Introducing "Varsity"
Yes you can, brokerage will be Rs 20 per executed order for buying and Rs 20 for selling. Exchange has an order limit of 10,000 nifty at a time, so to buy 320000 you will have to do it in 32 different orders. So your brokerage will be Rs 32×20 = Rs 640 for buying and Rs 640 for selling.