Start for free

NIFTY 50

NSE: NIFTYBroad MarketLot size: 65

NIFTY 50 Open Interest & PCR Analysis

₹23897.70Updated 4 Sept 2026, 03:30 pm IST
PCR
0.85Neutral
Max Pain
₹23950Spot below by ₹52
Total CE OI
197.46MCall writers
Total PE OI
168.11MPut 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 open‑interest (OI) for the current expiry remains flat at 19,74,62,005 calls and 16,81,12,165 puts, while the underlying index is unchanged at ₹23,897.7. With price stability and no net change in OI, the market exhibits a neutral buildup – neither long‑side nor short‑side accumulation is evident. This pattern suggests that participants have largely retained their existing positions, awaiting a directional catalyst before initiating new long or short builds.

Put‑Call Ratio

The put‑call ratio (PCR) sits at 0.851, up from 0.655 in the prior session. The rise indicates a relative increase in put OI compared with call OI, reflecting a modest tilt toward bearish sentiment while still remaining below the 1.0 neutral threshold.

Futures OI

Futures open‑interest registers zero change for the day, implying that no new contracts have been added or unwound in the index futures market. The flat futures OI reinforces the overall market restraint and the lack of aggressive positioning from either side.

Data Summary

For this expiry, total call OI stands at 19.74 crore contracts and total put OI at 16.81 crore contracts, with a PCR of 0.851 and a neutral OI buildup amid unchanged spot levels.

Data as of 2026-09-04

Frequently Asked Questions

What is NIFTY 50 PCR (Put-Call Ratio) today?
NIFTY 50's current PCR is 0.85. 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 0.85 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 197462005 contracts and total PE (put) OI of 168112165 contracts for the nearest expiry. The PCR is 0.85.
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 ₹23,950 — 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.