Hitachi Energy India Limited Open Interest & PCR Analysis
OI Buildup Pattern
The open‑interest (OI) for the current expiry remains unchanged at 4,22,625 contracts while the spot price sits flat at ₹31,650. Because both price and OI are stable, the buildup is classified as neutral. A neutral buildup suggests that neither long‑side participants nor short‑side participants are adding materially to their positions; market participants appear to be holding existing exposures rather than initiating new bets.
Put‑Call Ratio
The put‑call ratio (PCR) stands at 0.532, marginally lower than yesterday’s 0.574. The drop in PCR indicates a slight tilt toward call buying relative to put buying, but the ratio remains well below the 1.0 benchmark, reflecting a continued bullish tilt in option market sentiment.
Futures OI
Futures open‑interest shows zero net change for the day, confirming the flatness observed in the spot market. The lack of movement in futures OI reinforces the view that traders are not expanding or contracting their directional exposure in the underlying asset for this expiry.
Data Summary
The key takeaway for this expiry is a stable total OI of 4,22,625 contracts, with no discernible directional bias emerging from the current positioning data.
Data as of 2026-09-04