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NIFTY Bank

NSE: BANKNIFTYBankingLot size: 30

NIFTY Bank Open Interest & PCR Analysis

₹57369.65Updated 4 Sept 2026, 03:30 pm IST
PCR
1.03Neutral
Max Pain
₹57500Spot below by ₹130
Total CE OI
12.94MCall writers
Total PE OI
13.35MPut 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 remains unchanged at roughly 26.3 million contracts, with identical levels for calls (12,939,420) and puts (13,348,500). Because spot price is flat and total OI is flat, the market shows a neutral buildup. A neutral buildup implies that neither long‑side nor short‑side participants are adding fresh positions; instead, existing contracts are being held roughly equally on both sides, resulting in a balanced positioning environment.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 1.032, marginally lower than yesterday’s 1.042. The ratio remains above 1, indicating a slight predominance of put OI over call OI, while the modest decline suggests a small shift toward relatively more call interest compared with the prior session.

Futures OI

Futures OI for this expiry registers zero change, meaning that the total number of outstanding futures contracts is unchanged from the previous close. A flat futures OI signals that market participants are not expanding or reducing their exposure through futures, reinforcing the overall neutral stance observed in the options market.

Data Summary

Overall, the expiry exhibits a balanced OI profile with 12.94 million calls, 13.35 million puts, a PCR of 1.032, and no net change in futures OI, reflecting a steady positioning environment as of 4 September 2026.

Data as of 2026-09-04

Frequently Asked Questions

What is NIFTY Bank PCR (Put-Call Ratio) today?
NIFTY Bank's current PCR is 1.03. 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 Bank's PCR of 1.03 indicates neutral sentiment.
What is NIFTY Bank OI buildup type today?
NIFTY Bank 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 Bank?
NIFTY Bank has total CE (call) OI of 12939420 contracts and total PE (put) OI of 13348500 contracts for the nearest expiry. The PCR is 1.03.
How is open interest analysis useful for NIFTY Bank trading?
OI analysis for NIFTY Bank 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 Bank?
NIFTY Bank's max pain is ₹57,500 — 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.