Axis Bank Limited

NSE: AXISBANKFinancial ServicesLot size: 625

Axis Bank Limited Open Interest & PCR Analysis

₹1273.00Updated 4 Sept 2026, 03:30 pm IST
PCR
0.82Neutral
Max Pain
₹1260Spot above by ₹13
Total CE OI
13.91MCall writers
Total PE OI
11.40MPut 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 market shows a neutral buildup for the current expiry, meaning that neither the price nor the open‑interest (OI) has moved appreciably in either direction. With the spot price flat at ₹1,273 and total OI unchanged at 1,39,05,625 contracts, there is no clear dominance of long‑building or short‑building activity. This equilibrium suggests that traders are holding their existing positions rather than initiating new directional bets, resulting in a balanced positioning environment.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.82, indicating a modest tilt toward call‑option buying relative to puts. Compared with yesterday’s 0.802, the PCR has risen slightly, reflecting a marginal increase in call‑side participation over the past session.

Futures OI

Futures open interest for this expiry is unchanged at zero, showing that no new futures contracts have been added or unwound during the latest trading interval. The flat futures OI reinforces the view that market participants are not altering their exposure in the underlying equity futures market.

Data Summary

Overall, the key metric for this expiry is a static total OI of 1,39,05,625 contracts, with the call side comprising 1,14,03,750 contracts and the put side remaining at 25,01,875 contracts.

Data as of 2026-09-04

Frequently Asked Questions

What is Axis Bank Limited PCR (Put-Call Ratio) today?
Axis Bank Limited's current PCR is 0.82. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Axis Bank Limited's PCR of 0.82 indicates neutral sentiment.
What is Axis Bank Limited OI buildup type today?
Axis Bank Limited 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 Axis Bank Limited?
Axis Bank Limited has total CE (call) OI of 13905625 contracts and total PE (put) OI of 11403750 contracts for the nearest expiry. The PCR is 0.82.
How is open interest analysis useful for Axis Bank Limited trading?
OI analysis for Axis Bank Limited 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 Axis Bank Limited?
Axis Bank Limited's max pain is ₹1,260 — 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.