PNB Housing Finance Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current build‑up is classified as neutral because price action is flat while open interest remains unchanged, indicating a pause in new directional bets. A neutral stance implies that neither longs nor shorts are actively adding to their positions, and the market is awaiting a credible catalyst such as earnings or macro‑data to break the equilibrium. Consequently, the lack of OI growth suggests a balanced distribution of contracts among participants, with existing holders maintaining rather than expanding exposure.

Put‑Call Ratio

The put‑call ratio stands at 0.547, modestly higher than yesterday’s 0.529, indicating a slight shift toward more puts relative to calls and a marginal increase in bearish sentiment. This level remains well below the 1.0 threshold, reflecting overall bullish bias despite the incremental rise in puts.

Futures OI

Futures open interest registers zero change for the day, confirming that no new contracts have been initiated or unwound across the expiry chain. The static futures OI aligns with the neutral build‑up, reinforcing the view that participants are holding existing positions rather than expanding exposure, and suggests market participants are adopting a wait‑and‑see approach.

Data Summary

For this expiry, total open interest is 21,61,900 contracts with call open interest at 11,81,700, while spot price sits at ₹1,166 unchanged.