Central Depository Services (India) Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current expiry shows a neutral buildup, meaning that the combined movement of price and open interest does not point to a clear dominance of either long‑building or short‑building activity. The spot price is essentially flat at ₹1,394.6, and the total open interest (OI) is unchanged at 73,26,875 contracts. Since neither the price nor the OI is moving in tandem to reinforce a directional bias, market participants appear to be holding their existing positions rather than adding new longs or shorts.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.638, indicating that put‑option open interest is roughly 64 % of call‑option open interest for this expiry. Compared with yesterday’s PCR of 0.688, the ratio has eased, suggesting a modest shift toward relatively higher call‑option interest, though the level remains below the 1.0 neutral benchmark.

Futures OI

Futures open interest registers zero change, with the OI figure remaining at 73,26,875 contracts and the day‑to‑day delta reported as 0. This stagnation in futures OI reinforces the view that traders are not aggressively building or unwinding positions, and the market’s positioning is largely static.

Data Summary

The key takeaway for this expiry is that total open interest is flat at 73.27 lakh contracts, reflecting a neutral market stance.