NIFTY Midcap Select Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest profile remains neutral, with both call and put contracts unchanged and price flat, indicating neither a pronounced long nor short accumulation in the current expiry. Call open‑interest stands at 4,07,9400 contracts while puts total 4,67,8800, showing roughly equal commitment on both sides despite a modest rise in puts this session overall today. Since neither side exhibits a significant OI expansion, market participants appear to be holding positions rather than aggressively adding to either bullish or bearish bets at this time.

Put-Call Ratio

The put‑call ratio reads 1.147, indicating put volume exceeds call volume by roughly 15 % for the current expiry and suggests a mild cautious bias among traders who prefer downside protection. Compared with yesterday’s 0.822 reading, the ratio has risen markedly, reflecting a shift toward greater put demand relative to calls in the overall market sentiment as risk appetite tightens.

Futures OI

Futures open‑interest shows zero change, with both long and short contracts remaining flat across the expiry cycle, indicating no new speculative push in either direction today overall. Such stagnant futures OI supports the observation that participants are largely maintaining existing exposures rather than initiating fresh directional bets in the equity segment for this expiry specifically.

Data Summary

Overall, total open‑interest totals 8,47,2800 contracts, with calls at 4,07,9400 and puts at 4,67,8800, reflecting a balanced but slightly put‑heavy stance, investors appear cautious, monitoring broader economic indicators while keeping core allocations intact amid market volatility.