Aditya Birla Capital Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current open‑interest profile shows a neutral buildup, with the underlying price unchanged at ₹356 while total call OI stands at 5,78,4600 and put OI at 7,02,1500, indicating neither a dominant long nor short accumulation. Since price movement is flat and total OI change registers zero, the market participants appear to be holding existing positions rather than adding new directional bets as they monitor upcoming earnings and macro‑economic data releases for valuation impact today. The stable open‑interest environment suggests that any previous buildup has likely plateaued, with traders awaiting a catalyst before shifting to pronounced long or short constructions.

Put-Call Ratio

The put‑call ratio sits at 1.214, a substantial increase from yesterday’s 0.417, reflecting a relative surge in put demand versus call demand. Such a rise in PCR typically signals that market participants are allocating more capital to downside protection, although the unchanged price implies the protective bets have not yet translated into price movement.

Futures OI

Futures open‑interest registers zero change, indicating that speculative exposure in the derivative segment remains flat for this expiry. The lack of net new futures contracts corroborates the neutral stance observed in the options market, reinforcing the view that participants are awaiting directional cues.

Data Summary

Overall, total open‑interest of roughly 12.8 million contracts, split between 5.78 million calls and 7.02 million puts, remains unchanged, underscoring a balanced positioning at the current strike.