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In F&O, what is the relation between change in no of contracts and change in OI

If there is a change in no pf contracts, the there should be equal change in Open interest because OI reflects the no of open contracts in the market. Is it correct?
I have noticed, that on 15th Dec,2017 end of day data shows on your website that change in open interest in different from change in no of contracts. For example, EOD data shows that in in case of Vedanta Ltd , no of contracts went up from 10097 to 23042 , however OI decreased by 2.447%.
Can you please clarify the relation between no of contracts and OI?

Thanks
Surendra
Posted by Surendra Posted on : 17-Dec-2017

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