i somehow missed this...u r right except i did not get this correlation - decrease in number of contracts but rise in open interest...
remember whenever mkt falls they sell index futures...and at lower levels buy stock futures or even square off their stock future shorts based on targets...so dont read too much into this.
remember whenever mkt falls they sell index futures...and at lower levels buy stock futures or even square off their stock future shorts based on targets...so dont read too much into this.
