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Indian Bank

NSE: INDIANBFinancial ServicesLot size: 1000

Indian Bank Open Interest & PCR Analysis

₹879.70Updated 4 Sept 2026, 03:30 pm IST
PCR
0.59Bearish signal
Max Pain
₹880Spot below by ₹0
Total CE OI
6.88MCall writers
Total PE OI
4.08MPut writers
OI Buildup Signal
Neutral
Price movement < 0.3% threshold
Put-Call Ratio Gauge
0 — Bearish1.0 — Neutral2.0+ — Bullish
AI AnalysisGenerated daily after market close · AI-powered

OI Buildup Pattern

The current buildup is classified as neutral because the spot price is flat and total open interest is unchanged. With price stagnant and OI stable, neither long nor short participants are adding or reducing positions significantly. This suggests a balance between new contracts and expiries, resulting in no clear directional bias.

Put‑Call Ratio

The put‑call ratio stands at 0.592, indicating a modest predominance of call‑options relative to puts. Compared with yesterday’s 0.639, the ratio has moved lower, reflecting a slight shift toward more call activity.

Futures OI

Futures open interest registers zero change for the day, implying that new long and short contracts offset each other. The unchanged futures OI reinforces the neutral stance observed in the cash market.

Data Summary

Total open interest remains at 68,84,000 contracts, with call OI at 40,77,000, while spot price holds steady at ₹879.7.

Data as of 2026-09-04

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Frequently Asked Questions

What is Indian Bank PCR (Put-Call Ratio) today?
Indian Bank's current PCR is 0.59. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Indian Bank's PCR of 0.59 indicates bearish sentiment.
What is Indian Bank OI buildup type today?
Indian Bank is currently showing neutral positioning with no significant directional bias. This is determined by comparing today's price change direction with the direction of total OI change — using the standard F&O buildup classification framework.
What is total CE and PE open interest for Indian Bank?
Indian Bank has total CE (call) OI of 6884000 contracts and total PE (put) OI of 4077000 contracts for the nearest expiry. The PCR is 0.59.
How is open interest analysis useful for Indian Bank trading?
OI analysis for Indian Bank helps identify institutional positioning. High CE OI at a strike = call writers defending that level (resistance). High PE OI = put writers defending that level (support). The buildup type tells you whether smart money is building fresh positions (bullish/bearish) or exiting existing ones.
What is the max pain for Indian Bank?
Indian Bank's max pain is ₹880 — the strike price where option writers (sellers) collectively suffer the least financial loss at expiry. The current spot price vs max pain deviation guides near-term directional bias into expiry.