NIFTY Bank Open Interest & PCR Analysis

OI Buildup Pattern

The current expiry shows a neutral buildup. Spot price is steady while total open interest (OI) for both calls and puts is unchanged, indicating that neither long nor short side is aggressively adding contracts. This equilibrium suggests market participants are holding their existing positions rather than initiating new directional bets.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.707, marginally higher than yesterday’s 0.698. The slight rise reflects a modest increase in put demand relative to calls, but the ratio remains comfortably below the 1.0 threshold that would signal a bearish tilt.

Futures OI

Futures open interest is zero, with no net change from the prior day. The flat futures OI implies that speculative interest in the underlying index is dormant, and the market is not tilting toward additional leveraged exposure for this expiry.

Data Summary

Overall, the expiry reports total call OI of 1,92,94,020 and put OI of 1,36,50,090, with both segments exhibiting no net change, reinforcing the neutral positioning observed across the derivative book.