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NIFTY Midcap Select

NSE: MIDCPNIFTYLot size: 75Monthly expiry

NIFTY Midcap Select Open Interest & PCR Analysis

₹13562.75Updated 1 Oct 2026, 03:30 pm IST
PCR
0.85Neutral
Max Pain
13,900Spot below by 337
Total CE OI
4.42MCall writers
Total PE OI
3.75MPut writers
OI Buildup Signal
Neutral
Price movement < 0.3% threshold
Put-Call Ratio Gauge
0 — Bearish1.0 — Neutral2.0+ — Bullish
AI AnalysisGenerated daily after market close · AI-powered

OI Buildup Pattern

The open‑interest (OI) for the current expiry shows a neutral buildup; both the index price and total OI are essentially unchanged from the prior session. Since price movement is flat while OI is steady, neither long‑side accumulation nor short‑side accumulation dominates, indicating that market participants are holding their existing positions rather than adding to either side. This equilibrium suggests a balance between bullish and bearish bets, with no clear directional bias emerging.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.848, comfortably below the 1.0 threshold, which points to a modest dominance of call‑option open interest over put‑option open interest. Compared with yesterday’s PCR of 0.919, the ratio has moved lower, reflecting a slight increase in call‑option demand relative to puts.

Futures OI

Futures open interest for this expiry registers at zero, indicating that no new futures contracts have been added or liquidated during the session. The unchanged futures OI reinforces the view that participants are not actively adjusting their exposure in the underlying index through futures instruments.

Data Summary

Overall, total call OI sits at 44,22,720 and total put OI at 37,50,840, with a flat total OI change, underscoring a neutral positioning environment for the expiry.

Data as of 2026-10-01

Frequently Asked Questions

What is NIFTY Midcap Select PCR (Put-Call Ratio) today?
NIFTY Midcap Select's current PCR is 0.85. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. NIFTY Midcap Select's PCR of 0.85 indicates neutral sentiment.
What is NIFTY Midcap Select OI buildup type today?
NIFTY Midcap Select is currently showing neutral positioning with no significant directional bias. This is determined by comparing today's price change direction with the direction of total OI change — using the standard F&O buildup classification framework.
What is total CE and PE open interest for NIFTY Midcap Select?
NIFTY Midcap Select has total CE (call) OI of 4422720 contracts and total PE (put) OI of 3750840 contracts for the nearest expiry. The PCR is 0.85.
How is open interest analysis useful for NIFTY Midcap Select trading?
OI analysis for NIFTY Midcap Select helps identify institutional positioning. High CE OI at a strike = call writers defending that level (resistance). High PE OI = put writers defending that level (support). The buildup type tells you whether smart money is building fresh positions (bullish/bearish) or exiting existing ones.
What is the max pain for NIFTY Midcap Select?
NIFTY Midcap Select's max pain is ₹13,900 — the strike price where option writers (sellers) collectively suffer the least financial loss at expiry. The current spot price vs max pain deviation guides near-term directional bias into expiry.