Samvardhana Motherson International Limited Open Interest & PCR Analysis

OI Buildup Pattern

The underlying price remains flat at ₹160.33 while total open interest is unchanged, indicating a neutral buildup where neither bullish nor bearish positions are actively expanding in the market today. With the combined call and put OI holding steady, the market lacks a decisive directional bias, suggesting participants are awaiting further catalysts before adjusting their exposure to act. The absence of significant OI drift alongside a stable spot price reflects a equilibrium between new contracts and expirations, resulting in a flat net positioning across the expiry.

Put-Call Ratio

The put‑call ratio stands at 0.708, higher than yesterday’s 0.603, indicating a modest shift toward relatively greater put exposure in the current market for this expiry cycle. Despite the increase, the ratio remains below one, suggesting that call writers still dominate overall positioning and that bearish bets are not yet prevailing across participants today.

Futures OI

Futures open interest registers zero change for this expiry, implying that new futures contracts are being offset by equivalent expirations, maintaining a steady net exposure at present. The flat futures OI aligns with the neutral equity OI landscape, reinforcing the view that market participants are not aggressively repositioning through derivative instruments at this juncture.

Data Summary

Overall, the key indicator for this expiry is the unchanged total open interest of 1,80,13,350 contracts, highlighting a steady positional equilibrium among traders in the current session today.