Nifty futures: Nifty futures OI at lowest level since November 2023; What is its meaning?

Nifty futures have started the November series with low rollovers, due to the recent market selloff. The Nifty 50 index fell nearly 8 percent in the October series as foreign investors stepped up selling since the middle of the month. According to James Cunnell, derivatives specialist at Asit C Mehta Investment Intermediates,(…)