Hindustan Petroleum Corporation Limited Open Interest & PCR Analysis
OI Buildup Pattern
The open interest (OI) for the current expiry remains flat at 50,15,925 contracts, while the price of the underlying spot index is unchanged at ₹347.15, indicating a neutral buildup profile across major market participants as observed today. A neutral buildup suggests that neither long nor short participants are aggressively adding to positions, as the simultaneous steadiness in price and OI reflects a balance between new entries and exits, as evidenced by the lack of pronounced trend. Consequently, the market appears to be awaiting a directional catalyst before a significant shift in positioning materialises, pending macro‑economic cues.
Put-Call Ratio
The put‑call ratio (PCR) stands at 1.395, signalling that put volume exceeds call volume for this expiry, reflecting heightened risk aversion. Compared with yesterday’s 1.055, the ratio has risen appreciably, indicating a growing preference for downside protection among traders, clearly among institutional and retail segments alike.
Futures OI
Futures open interest shows no net change, remaining at zero contracts for the current expiry, indicating balanced hedging activity. This flat futures OI reinforces the neutral stance observed in the spot OI, suggesting that speculative activity is muted, and no evident speculative swing.
Data Summary
Overall, the total OI of 50,15,925 contracts with unchanged price and a PCR of 1.395 defines a neutral positioning environment for this expiry, and the unchanged total OI reinforces the equilibrium throughout the trading day.
Data as of 2026-10-28