Tata Consultancy Services Limited Open Interest & PCR Analysis

OI Buildup Pattern

The spot index remains flat at 2,304 while total open interest is unchanged, signalling a neutral buildup across the expiry across major indices. Neither the call nor the put side shows a concurrent rise in OI with price movement, indicating that neither long nor short positions are expanding beyond their existing levels as indicated by the flat price action. This equilibrium suggests market participants are holding their current exposures rather than adding new directional bets, preserving a balanced risk profile today.

Put-Call Ratio

The put‑call ratio stands at 0.821, marginally lower than yesterday’s 0.886, reflecting a slight tilt toward calls as traders modestly increase call‑side demand. The day‑over‑day decline in PCR denotes a modest increase in call buying relative to put buying, confirming a subtle shift in sentiment slightly.

Futures OI

Futures open interest registers zero change, showing no net addition or withdrawal of contracts for this expiry and implying that positional adjustments are being made in the cash market rather than in the derivative segment. The static futures OI reinforces the impression of a balanced stance among traders, with no clear bias toward either side of the market and maintaining overall equilibrium.

Data Summary

Overall, total open interest sits at 9,888,975 contracts with put open interest at 8,113,950, confirming a steady positioning environment for the current expiry and highlighting the absence of significant new flows.