The fixed quantity one contract covers — 65 units of the index for NIFTY and 25 for BANKNIFTY at the time of writing. It has changed more than once, which is why every quantity this desk stores is in index points or open-interest units rather than in rupees.
Mayawhat these words mean
Maya reads the desk’s written explainers and the glossary. She holds no market data at all, so she can say what a thing is and cannot say what it is doing today.