Nifty futures trade at a 36.55-point premium over spot

Nifty October 2026 futures closed at 22,399.90, a premium of 36.55 points over the spot close of 22,363.35. November futures settled at 22,500, carrying a higher premium of 136.65 points. Key derivatives data October futures premium: 36.55 points. November futures premium: 136.65 points. October futures open interest: Increased by 1,340 contracts to 2,92,770 contracts. Expiry: October 27, 2026. Most active stock futures HDFC Bank: ₹704.85 futures, at a discount of ₹0.05 to spot. HCL Technologies: ₹1,226.50 futures, at a premium of ₹3.50. Avenue Supermarts: ₹3,358 futures, at a discount of ₹6.90. Infosys: ₹1,021.45 futures, at a premium of ₹1.45. TCS: ₹2,124.30 futures, at a discount of ₹0.70. Why it matters: Nifty futures traded at a premium, while open interest increased modestly. These figures provide information about derivatives positioning, but they do not independently confirm whether traders are building bullish or bearish positions. What to watch next: Changes in futures premiums, open interest, price movement and stock-specific positioning. Rising open interest alongside rising prices may indicate long buildup, while rising open interest alongside falling prices may indicate short buildup. Learning outcome: Futures premiums and open interest help assess derivatives-market positioning, but both must be interpreted alongside price action and other market indicators.