Tech Mahindra Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current expiry shows a neutral buildup, with the spot price unchanged at ₹1,596.9 and open interest flat at 5,280,000 contracts, indicating neither a dominant long nor short accumulation. Since both price and OI are stagnant, market participants appear to be holding existing positions rather than initiating fresh directional bets, suggesting a balanced stance among traders for now at present. This equilibrium implies that any forthcoming price movement is likely to be driven by new information rather than underlying positioning pressure.

Put-Call Ratio

The put‑call ratio stands at 0.77, marginally lower than yesterday’s 0.824, reflecting a modest shift toward relatively more call activity. Such a PCR level, remaining below 1, signals that call options are marginally more in demand than puts, but the day‑over‑day decline indicates a slight easing of bullish sentiment.

Futures OI

Futures open interest registers zero change for the day, confirming that the total number of contracts remains unchanged. The unchanged futures OI reinforces the view that participants are not expanding or contracting exposure in the underlying futures market at this juncture.

Data Summary

Overall, the key data point is the flat total open interest of 5,280,000 contracts for this expiry today in the market during today's trading session.