Torrent Pharmaceuticals Limited Open Interest & PCR Analysis

OI Buildup Pattern

The OI buildup is classified as neutral, with the spot price unchanged at ₹4557 and total open interest flat at 2,30,750 contracts for this expiry today. No net addition on either side indicates that neither long nor short participants are amplifying positions, keeping the market exposure balanced at the current price level. The lack of directional bias suggests market participants are awaiting a catalyst before committing significant exposure, resulting in a standby posture in the near future trading.

Put-Call Ratio

The put‑call ratio stands at 1.009, marginally above one, indicating a slight dominance of put options over calls in the current mix for this expiration cycle. Yesterday’s PCR was 0.899, showing a shift toward put dominance overnight as the ratio moved from below to above the neutral threshold in the market today.

Futures OI

Futures open interest registers zero change, meaning no new contracts were opened or closed for this expiry, reflecting a static stance among futures traders in positions. This flat futures OI reinforces the overall neutral positioning observed in the spot market, confirming that neither side is aggressively accumulating exposure for the current cycle.

Data Summary

Key takeaway is that total OI remains at 2,30,750 with a negligible change, reflecting a stable open interest landscape across both call and put sides, indicating no significant shift in market sentiment for this expiry as of today.