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NIFTY 50

NSE: NIFTYBroad MarketLot size: 65

NIFTY 50 Open Interest & PCR Analysis

₹22698.85Updated 28 Oct 2026, 03:30 pm IST
PCR
1.05Neutral
Max Pain
₹22700Spot below by ₹1
Total CE OI
123.39MCall writers
Total PE OI
129.91MPut 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 expiry exhibits a neutral buildup, with the index price flat and total open interest unchanged, indicating neither a dominant long nor short accumulation as traders observe the upcoming earnings season and global cues. Such equilibrium suggests market participants are holding existing positions, awaiting a directional catalyst before adding to either side of the books, pending macro‑economic cues. Consequently, the open‑interest profile remains balanced, with call and put contracts roughly mirroring each other across strikes, with no clearly pronounced skewness evident.

Put-Call Ratio

The put‑call ratio stands at 1.053, slightly above the prior day's 1.041, reflecting a modest tilt toward put‑side exposure, suggesting a cautious bias among option writers. The incremental rise signals a marginal increase in protective or bearish positioning without materially altering the overall market sentiment, and may signal early hedging activity ahead of anticipated volatility.

Futures OI

Futures open interest registers zero change for the day, indicating no net addition or reduction in speculative exposure, and underscores the lack of aggressive speculation at this juncture. This flat futures OI reinforces the picture of a market in a wait‑and‑see mode, with participants pausing new contracts as they await clearer directional cues from upcoming macro data releases.

Data Summary

Overall, total call OI totals 12.34 crore contracts versus 12.99 crore put OI, highlighting a slight put‑dominance at this expiry, which aligns with the neutral buildup observed.

Data as of 2026-10-28

Frequently Asked Questions

What is NIFTY 50 PCR (Put-Call Ratio) today?
NIFTY 50's current PCR is 1.05. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. NIFTY 50's PCR of 1.05 indicates neutral sentiment.
What is NIFTY 50 OI buildup type today?
NIFTY 50 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 NIFTY 50?
NIFTY 50 has total CE (call) OI of 123386250 contracts and total PE (put) OI of 129908220 contracts for the nearest expiry. The PCR is 1.05.
How is open interest analysis useful for NIFTY 50 trading?
OI analysis for NIFTY 50 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 NIFTY 50?
NIFTY 50's max pain is ₹22,700 — 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.