Manappuram Finance Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current expiry shows a neutral buildup: the spot price is unchanged while the total call‑ and put‑open interest (CE OI ≈ 1.12 mn, PE OI ≈ 1.93 mn) remain flat. Because both price and open interest are stable, neither long‑building (price↑ + OI↑) nor short‑building (price↓ + OI↑) dynamics dominate. This neutrality suggests that market participants are maintaining their existing positions rather than adding fresh directional bets. Consequently, the market’s stance for this expiry appears balanced, with no clear bias toward additional buying or selling pressure.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.584, indicating that put contracts slightly outnumber call contracts on a relative basis. Compared with the prior day’s PCR of 0.636, the ratio has moved lower, pointing to a modest shift toward greater call‑side interest relative to puts.

Futures OI

Futures open interest for the same expiry registers zero change, implying that the total number of outstanding futures contracts is unchanged from the previous session. This flat futures OI, alongside the unchanged spot price, reinforces the view that participants are neither aggressively expanding nor unwinding futures positions at this moment.

Data Summary

The salient open‑interest figure for this expiry is the total call OI of 1,12,62,000 contracts, representing the primary metric defining current positioning.