NBCC (India) Limited Open Interest & PCR Analysis
OI Buildup Pattern
The open‑interest (OI) profile shows a neutral buildup: the spot price remains flat at ₹69.84 while total OI is unchanged at 1,42,93,500 contracts. With price stability and no net change in OI, neither a pronounced long‑side accumulation nor a short‑side build‑up is evident. This pattern suggests that market participants are holding existing positions rather than adding new directional bias for the current expiry.
Put‑Call Ratio
The put‑call ratio (PCR) stands at 0.689, up from 0.371 in the previous session. A PCR below 1 still indicates a dominance of call volume, but the rise signals a modest shift toward relatively higher put participation. The day‑over‑day increase reflects a slight softening of bullish sentiment without breaching a neutral threshold.
Futures OI
Futures open interest registers zero change, with both the change in contracts and the net new OI remaining at 0. This flat futures OI confirms that no fresh speculative inflows or outflows are occurring, reinforcing the overall neutral stance observed in the spot market.
Data Summary
The key takeaway for this expiry is that total OI holds steady at 1,42,93,500 contracts while spot price is unchanged, indicating a market in equilibrium with no decisive directional tilt.
Data as of 2026-10-28