Hindalco Industries Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current expiry shows a neutral buildup, with the spot price remaining flat at ₹893.75 while total call‑option open interest is unchanged at 8,797,600 contracts. Call OI outpaces put OI marginally, recording 8,222,900 contracts versus the unchanged put figure, indicating that traders maintain a slight bias toward bullish volatility exposure. Since neither price nor total OI moves, the prevailing stance reflects neither aggressive long accumulation nor short covering, but a steady hold by market participants maintaining equilibrium amidst uncertain macro cues.

Put-Call Ratio

The put‑call ratio stands at 0.935, up from yesterday’s 0.786, showing a modest increase in put demand relative to calls. This upward shift suggests that traders are adding protective downside positions as the market remains range‑bound.

Futures OI

Futures open interest for this expiry registers zero change, indicating that speculative and hedging flows in the index futures market are flat across both equity and commodity‑linked contracts. The lack of movement aligns with the neutral spot‑price action, reinforcing the view that participants are not adjusting their directional exposure in the near term or any imminent policy announcements.

Data Summary

Overall, the unchanged total OI of 8,797,600 contracts and a stable spot price define a flat positioning landscape for this expiry as reflected by the flat futures curve.