NHPC Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current open‑interest (OI) profile shows a neutral buildup, with the spot price unchanged at ₹74.44 and total OI remaining flat at 12,51,00,000 contracts, indicating no immediate directional pressure from market participants. Call OI dominates at 92,71,300 contracts, while put OI trails, resulting in a put‑call ratio (PCR) of 0.741, lower than yesterday’s 0.75, which reflects a shift toward preference among traders. Since both price and total OI are stable, the neutral buildup suggests neither aggressive long accumulation nor short covering is taking place at this expiry, implying participants are largely holding existing positions without initiating new bets.

Put-Call Ratio

The PCR of 0.741 indicates a modest call‑heavy bias in the options market, pointing to slightly more optimism among option writers. The slight decline from 0.75 yesterday reflects a marginal shift toward relatively more puts being held, suggesting a subtle rebalancing of risk exposures.

Futures OI

Futures open interest registers zero change, implying no new contracts have been added or unwound during the session, which reinforces the view of a quiet trading environment. This flat futures OI aligns with the overall neutral stance observed in the spot and options segments, confirming that market participants are not tilting their exposure one way or the other.

Data Summary

Overall, the key takeaway is that total OI of 12,51,00,000 contracts remains unchanged, confirming a balanced positioning environment for this expiry.