The article explores the relationship between index futures prices, volume, and open interest in the Indian futures market. The researchers aim to understand how these factors interact to influence investment decisions. They found that volume and open interest are important indicators in the futures market, with open interest representing the number of contracts outstanding and volume referring to the number of contracts traded in a day. The study highlights the significance of the derivatives market in India and the need to analyze these relationships for a better understanding of the market dynamics.