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Punjab National Bank

NSE: PNBFinancial ServicesLot size: 8000

Punjab National Bank Open Interest & PCR Analysis

₹117.00Updated 4 Sept 2026, 03:30 pm IST
PCR
0.76Bearish signal
Max Pain
₹117Spot below by ₹0
Total CE OI
59.55MCall writers
Total PE OI
44.97MPut 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 buildup is classified as neutral because the spot price is flat at ₹117 while total open interest (OI) shows no net change. A stable price combined with unchanged OI suggests that neither long‑side participants nor short‑side participants are actively adding or withdrawing contracts for this expiry. Consequently, the market’s positioning remains balanced, with existing positions largely being held rather than built up or unwound.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.755, marginally lower than yesterday’s 0.766. This slight decline indicates a marginal increase in call‑side interest relative to puts, but the ratio remains below the 1.0 threshold, implying that put‑option demand still exceeds call‑option demand.

Futures OI

Futures open interest is unchanged at zero, reflecting no net addition or reduction of futures contracts on the book. The flat futures OI reinforces the view that market participants are not modifying their directional exposure through futures for this expiry.

Data Summary

Total open interest remains steady at 5,95,52,000 contracts, with call OI at 4,49,68,000 and put OI at 1,05,84,000, indicating a static positioning landscape as of 2026‑09‑04.

Data as of 2026-09-04

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Frequently Asked Questions

What is Punjab National Bank PCR (Put-Call Ratio) today?
Punjab National Bank's current PCR is 0.76. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Punjab National Bank's PCR of 0.76 indicates bearish sentiment.
What is Punjab National Bank OI buildup type today?
Punjab National Bank 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 Punjab National Bank?
Punjab National Bank has total CE (call) OI of 59552000 contracts and total PE (put) OI of 44968000 contracts for the nearest expiry. The PCR is 0.76.
How is open interest analysis useful for Punjab National Bank trading?
OI analysis for Punjab National Bank 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 Punjab National Bank?
Punjab National Bank's max pain is ₹117 — 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.