HCL Technologies Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) across the current expiry shows a neutral buildup, with price flat at ₹1,400.5 and total OI unchanged, indicating neither a decisive tilt toward long nor short side amid broader market uncertainty. Call OI stands at 27,33,600 while put OI reaches 31,89,600, a spread that reflects a modest preference for protective positions amid the flat price action. Because both price and total OI exhibit zero change, the market appears to be in a holding pattern, with existing participants maintaining current exposure rather than adding new directional bets as indicated by the stable OI trajectory.

Put-Call Ratio

The put‑call ratio (PCR) sits at 0.857, indicating that for every 100 call contracts there are roughly 86 put contracts outstanding. This represents a notable decline from yesterday’s 1.342 level, suggesting a shift toward relatively more call‑side exposure in the underlying options market and may hint at rising bullish sentiment.

Futures OI

Futures open‑interest remains unchanged at zero, implying that no new speculative or hedging positions have been added in the derivative segment for this expiry for any market participant. The flat futures OI, together with a static spot price, underscores a market equilibrium where participants are neither expanding nor contracting their exposure.

Data Summary

Overall, the key OI figure for this expiry is a total of 31,89,600 put contracts versus 27,33,600 call contracts, reflecting the current neutral stance.