NTPC Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current open interest shows a neutral buildup, with the spot price unchanged at ₹303.75 and total call and put OI remaining flat at 10.6 million contracts across major exchanges today. Call OI stands at 1,03,99,500 while put OI is 1,06,00,500, indicating a clearly slight preference for downside exposure despite the price stability overall for traders. Because both price and total OI are unchanged, the market is neither aggressively adding longs nor shorts, suggesting participants are waiting for new catalysts amidst volatile macroeconomic signals now.

Put-Call Ratio

The put‑call ratio is 0.981, marginally below one, reflecting a currently near‑balanced but slightly bullish call bias as reflected in recent market sentiment. Compared with yesterday’s 0.38, the ratio has risen sharply, showing that put demand has grown substantially relative to calls across equity and commodity segments in the last session.

Futures OI

Futures open interest registers a significantly zero change during the latest trading session, indicating no net addition or reduction of positions across the nearest expiry. This flat futures OI, combined with a neutral equity OI buildup, points to a largely indecisive stance among index traders as indicated by the flat net delta.

Data Summary

Overall, the key indicator is a stable total OI of 10.6 million contracts with no directional shift for this expiry throughout the trading day despite fluctuating global energy prices.