The current price of FED BANK FUTURES is 151.45 INR — it has risen 1.24% in the past 24 hours.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For FED BANK FUTURES this number is 65.27 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for FED BANK FUTURES shows that traders are closing their positions, which means a weakening trend.