NMDC Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current open‑interest (OI) profile shows a neutral buildup, with the spot price unchanged at ₹67.5 and total OI flat, indicating neither a clear accumulation of longs nor shorts across the expiry. Since both call and put OI remain stable, the market does not exhibit the classic signatures of long buildup (price rise with OI increase) or short buildup (price decline with OI increase). Consequently, traders appear to be maintaining their current exposure, awaiting a catalyst before adjusting positions, which corroborates the neutral stance indicated by the unchanged total OI.

Put-Call Ratio

Call OI stands at 2,58,32,250 while put OI totals 4,15,93,500, yielding a put‑call ratio (PCR) of 0.621, which is modestly higher than yesterday’s 0.566. The upward shift in PCR suggests a slight increase in put positioning relative to calls, but the level remains below one, reflecting overall bullish sentiment among market participants.

Futures OI

Futures open interest registers zero change for both call and put legs, indicating no new speculative inflows or exits in the index futures segment at this time. Such a flat futures OI environment typically points to a balanced stance among participants, with existing positions largely held unchanged across the current expiry.

Data Summary

The key takeaway is a neutral OI buildup with total put OI exceeding call OI, a PCR of 0.621, and unchanged futures OI in the market today.