NSE & BSE Indices Futures and Options Open Interest Volume Analysis for 24/06/2026

• Open Interest Volume Analysis for 24 June 2026 indicates that Indian equity derivatives have entered the monthly expiry week with a clear shift in market sentiment from defensive positioning to aggressive long accumulation. The sharp rise in rollover percentage across NIFTY, BANKNIFTY and MIDCPNIFTY, combined with strong participation in July futures, confirms that institutional traders are actively carrying bullish positions into the next series instead of merely covering shorts before expiry. This transition is one of the most important observations from today’s Open Interest Volume Analysis, as it reflects growing confidence that the market is preparing for a continuation of the ongoing uptrend rather than a temporary expiry-driven bounce.
• The derivatives data becomes even more convincing when futures and options are analysed together. NIFTY registered Fresh Long formation in the combined futures despite June futures witnessing heavy short covering due to expiry rollovers. Simultaneously, July futures attracted massive fresh long additions with exceptionally high volume, indicating that new money is entering the market instead of existing traders simply exiting positions. Similar positioning is visible in BANKNIFTY and MIDCPNIFTY, suggesting that bullish participation is broad-based rather than confined to a single index.
• The options market also reflects improving sentiment. NIFTY Put-Call Ratio (OI) surged from 0.781 to 1.209, BANKNIFTY PCR climbed to 1.197, while MIDCPNIFTY PCR improved above 1.05. Such a sharp improvement within a single session generally indicates stronger put writing compared to call writing, showing that option writers are becoming increasingly comfortable defending lower levels. At the same time, Max Pain levels are closely aligned with current spot prices, implying that expiry-related volatility may remain elevated, but buyers continue to hold the advantage as long as these support zones remain intact.
• Another encouraging signal from today’s Open Interest Volume Analysis is the significant increase in rollover percentages. NIFTY rollover jumped from 21% to 35%, BANKNIFTY from 24% to 36%, and MIDCPNIFTY from 10% to 30%. Rising rollovers accompanied by fresh long creation are generally considered healthier than rollovers driven by short positions, as they indicate traders are willing to maintain bullish exposure into the July series. This makes the current rally structurally stronger than a simple short-covering move.

NSE & BSE F&O Market Signals

NIFTY Future analysis

NIFTY Spot closed at: 24021.65 (0.829%)

Combined = June + July + August

Combined Fut Open Interest Change: 0.62%

Combined Fut Volume Change: 85.55%

Combined Fut Open Interest Analysis: Fresh Long

Rollover: 35% Previous 21%

NIFTY JUNE Future closed at: 24051.8 (0.836%)

June Fut Premium 30.15 (Increased by 1.75 points)

June Fut Open Interest Change: -17.27%

June Fut Volume Change: 56.41%

June Fut Open Interest Analysis: Short Covering

NIFTY JULY Future closed at: 24125.2 (0.730%)

July Fut Premium 103.55 (Decreased by -22.75 points)

July Fut Open Interest Change: 84.43%

July Fut Volume Change: 179.51%

July Fut Open Interest Analysis: Fresh Long

NIFTY Monthly Expiry (30/06/2026) Option Analysis

Put-Call Ratio (Open Interest): 1.209 (Increased from 0.781)

Put-Call Ratio (Volume): 0.862

Max Pain Level: 24000

Maximum CALL Open Interest: 25000

Maximum PUT Open Interest: 24000

Highest CALL Addition: 24500

Highest PUT Addition: 23900

BANKNIFTY Future Analysis

BANKNIFTY Spot closed at: 58150.35 (1.690%)

Combined = June + July + August

Combined Fut Open Interest Change: 5.40%

Combined Fut Volume Change: 82.70%

Combined Fut Open Interest Analysis: Fresh Long

Rollover: 36% Previous 24%

BANKNIFTY JUNE Future closed at: 58187.2 (1.643%)

June Fut Premium 36.85 (Decreased by -26 points)

June Fut Open Interest Change: -11.4%

June Fut Volume Change: 47.6%

June Fut Open Interest Analysis: Short Covering

BANKNIFTY JULY Future closed at: 58547.2 (1.593%)

July Fut Premium 396.85 (Decreased by -48.8 points)

July Fut Open Interest Change: 76.93%

July Fut Volume Change: 221.32%

July Fut Open Interest Analysis: Fresh Long

BANKNIFTY Monthly Expiry  (30/06/2026) Option Analysis

Put-Call Ratio (Open Interest): 1.197 (Increased from 0.878)

Put-Call Ratio (Volume): 0.833

Max Pain Level: 57400

Maximum CALL Open Interest: 60000

Maximum PUT Open Interest: 54000

Highest CALL Addition: 58200

Highest PUT Addition: 58000

MIDCPNIFTY Future Analysis

MIDCPNIFTY Spot closed at: 14516.4 (0.241%)

Combined = June + July + August

Combined Fut Open Interest Change: 3.38%

Combined Fut Volume Change: 173.15%

Combined Fut Open Interest Analysis: Fresh Long

Rollover: 30% Previous 10%

MIDCPNIFTY JUNE Future closed at: 14546.05 (0.392%)

June Fut Premium 29.65 (Increased by 21.95 points)

June Fut Open Interest Change: -19.95%

June Fut Volume Change: 120.05%

June Fut Open Interest Analysis: Short Covering

MIDCPNIFTY JULY Future closed at: 14565.95 (0.206%)

July Fut Premium 49.55 (Decreased by -4.9 points)

July Fut Open Interest Change: 238.73%

July Fut Volume Change: 309.00%

July Fut Open Interest Analysis: Fresh Long

MIDCPNIFTY Monthly Expiry (30/06/2026) Option Analysis

Put-Call Ratio (Open Interest): 1.056 (Increased from 1.016)

Put-Call Ratio (Volume): 0.778

Max Pain Level: 14500

Maximum CALL Open Interest: 15000

Maximum PUT Open Interest: 14000

Highest CALL Addition: 14550

Highest PUT Addition: 14525

SENSEX Monthly Expiry (25/06/2026) Future

SENSEX Spot closed at: 76,991.22 (1.037%)

SENSEX Monthly Future closed at: 77,079.55 (1.013%)

Premium: 88.33 (Decreased by -17.54 points)

Open Interest Change: -5.98%

Volume Change: 75.67%

Open Interest Analysis: Short Covering

SENSEX Weekly Expiry (25/06/2026) Option Analysis

Put-Call Ratio (OI): 1.395 (Increased from 0.528)

Put-Call Ratio (Volume): 0.872

Max Pain Level: 77000

Maximum CALL OI: 79000

Maximum PUT OI: 76000

Highest CALL Addition: 77800

Highest PUT Addition: 76000

FII & DII Cash Market Activity

FIIs Net SELL: ₹ 1,843.40 Cr.

DIIs Net BUY: ₹ 3,637.26 Cr.

FII Derivatives Activity

FII Trading Stats	24.06.26	23.06.26	22.06.26
FII Cash (Provisional Data)	-1,843.40	17.86	-635.91
Index Future Open Interest Long Ratio	14.52%	13.14%	13.16%
Index Future Volume Long Ratio	49.81%	41.09%	59.01%
Call Option Open Interest Long Ratio	39.61%	40.60%	41.07%
Call Option Volume Long Ratio	49.82%	49.72%	50.04%
Put Option Open Interest Long Ratio	67.19%	72.37%	67.81%
Put Option Volume Long Ratio	49.22%	50.41%	50.14%
Stock Future Open Interest Long Ratio	54.23%	53.88%	54.02%
Stock Future Volume Long Ratio	50.40%	49.16%	48.01%
Index Futures	Fresh Short	Fresh Short	Short Covering
Index Options	Fresh Short	Short Covering	Fresh Long
Nifty Futures	Fresh Short	Fresh Short	Fresh Long
Nifty Options	Fresh Short	Short Covering	Fresh Long
BankNifty Futures	Fresh Long	Fresh Short	Short Covering
BankNifty Options	Fresh Short	Fresh Short	Fresh Short
FinNifty Futures	Long Covering	Short Covering	Long Covering
FinNifty Options	Long Covering	Fresh Long	Fresh Short
MidcpNifty Futures	Fresh Short	Short Covering	Fresh Long
MidcpNifty Options	Fresh Short	Short Covering	Fresh Short
NiftyNxt50 Futures	Long Covering	Short Covering	Short Covering
NiftyNxt50 Options	Fresh Long	Long Covering	Fresh Long
Stock Futures	Fresh Long	Long Covering	Fresh Short
Stock Options	Short Covering	Fresh Long	Fresh Short

NSE & BSE Option market Trends : Options Insights

SENSEX weekly Expiry (25/06/2026)

The SENSEX index closed at 76991.22. The SENSEX weekly expiry for JUNE 25, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 1.395 against previous 0.528. The 76000PE option holds the maximum open interest, followed by the 75000PE and 79000CE options. Market participants have shown increased interest with significant open interest additions in the 76000PE option, with open interest additions also seen in the 76500PE and 73000PE options. On the other hand, open interest reductions were prominent in the 80000CE, 76500CE, and 79500CE options. Trading volume was highest in the 77000CE option, followed by the 77500CE and 76500PE options, indicating active trading in these strikes.

SENSEX	Weekly	Expiry:	25-06-2026
Index Spot	PCR OI	Prev PCR OI	PCR VOL
76991.22	1.395	0.528	0.872
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	2,91,01,540	3,09,32,340	-18,30,800
PUT:	4,05,85,800	1,63,36,120	2,42,49,680
Top CALL Open Interest:
Strike	OI	OI Change	Volume
79000	23,25,180	2,60,360	2,55,43,980
78000	21,68,640	1,92,080	8,69,17,120
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
77800	9,32,600	4,31,640	5,17,26,600
78300	6,85,360	3,78,080	1,66,76,980
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
80000	14,62,680	-7,83,860	1,80,04,300
76500	2,47,500	-6,36,260	4,51,69,380
Top CALL Volume:
Strike	OI	OI Change	Volume
77000	14,80,380	-4,77,620	13,98,34,060
77500	15,95,560	-1,55,300	12,58,18,940
Top PUT Open Interest:
Strike	OI	OI Change	Volume
76000	27,64,480	17,91,020	9,34,98,860
75000	23,35,900	6,91,840	3,76,26,720
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
76000	27,64,480	17,91,020	9,34,98,860
76500	20,80,660	16,86,720	10,00,84,120
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
87000	1,040	-30,860	31,960
69000	1,09,920	-22,420	7,34,380
Top PUT Volume:
Strike	OI	OI Change	Volume
76500	20,80,660	16,86,720	10,00,84,120
76000	27,64,480	17,91,020	9,34,98,860

NIFTY Monthly Expiry (23/06/2026)

The NIFTY index closed at 24021.65. The NIFTY monthly expiry for JUNE 30, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 1.209 against previous 0.781. The 25000CE option holds the maximum open interest, followed by the 24000PE and 23500PE options. Market participants have shown increased interest with significant open interest additions in the 23900PE option, with open interest additions also seen in the 22000PE and 22500PE options. On the other hand, open interest reductions were prominent in the 25000CE, 24000CE, and 24100CE options. Trading volume was highest in the 24000CE option, followed by the 24000PE and 23900PE options, indicating active trading in these strikes.

NIFTY	Monthly	Expiry:	30-06-2026
Index Spot	PCR OI	Prev PCR OI	PCR VOL
24,021.65	1.209	0.781	0.862
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	14,78,32,285	15,53,85,945	-75,53,660
PUT:	17,87,09,145	12,13,57,805	5,73,51,340
Top CALL Open Interest:
Strike	OI	OI Change	Volume
25,000	1,27,66,865	-41,91,850	7,59,281
24,500	1,05,13,360	12,94,215	13,02,191
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
24,500	1,05,13,360	12,94,215	13,02,191
24,400	47,92,255	9,17,085	9,45,384
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
25,000	1,27,66,865	-41,91,850	7,59,281
24,000	1,03,92,855	-32,54,775	34,68,177
Top CALL Volume:
Strike	OI	OI Change	Volume
24,000	1,03,92,855	-32,54,775	34,68,177
24,100	65,33,605	-16,58,345	21,95,250
Top PUT Open Interest:
Strike	OI	OI Change	Volume
24,000	1,21,00,410	27,39,020	25,61,834
23,500	1,06,65,005	21,05,415	11,24,313
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
23,900	83,88,640	44,61,925	22,43,958
22,000	80,62,135	33,53,375	2,83,989
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
25,000	36,15,140	-6,94,350	17,079
27,000	27,41,740	-3,07,425	5,411
Top PUT Volume:
Strike	OI	OI Change	Volume
24,000	1,21,00,410	27,39,020	25,61,834
23,900	83,88,640	44,61,925	22,43,958

BANKNIFTY Monthly Expiry (30/06/2026)

The BANKNIFTY index closed at 58150.35. The BANKNIFTY monthly expiry for JUNE 30, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 1.197 against previous 0.878. The 60000CE option holds the maximum open interest, followed by the 54000PE and 58000CE options. Market participants have shown increased interest with significant open interest additions in the 58000PE option, with open interest additions also seen in the 56000PE and 58200PE options. On the other hand, open interest reductions were prominent in the 58000CE, 57500CE, and 57900CE options. Trading volume was highest in the 58000CE option, followed by the 59000CE and 57500PE options, indicating active trading in these strikes.

BANKNIFTY	Monthly	Expiry:	30-06-2026
Index Spot	PCR OI	Prev PCR OI	PCR VOL
58,150.35	1.197	0.878	0.833
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	1,66,59,900	1,92,31,500	-25,71,600
PUT:	1,99,40,850	1,68,75,870	30,64,980
Top CALL Open Interest:
Strike	OI	OI Change	Volume
60,000	17,62,860	3,690	1,78,278
58,000	11,92,050	-6,18,000	4,54,336
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
58,200	4,26,000	2,41,920	1,79,020
58,100	3,98,010	1,82,910	1,72,140
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
58,000	11,92,050	-6,18,000	4,54,336
57,500	4,94,970	-4,87,590	2,09,201
Top CALL Volume:
Strike	OI	OI Change	Volume
58,000	11,92,050	-6,18,000	4,54,336
59,000	9,95,070	62,220	3,05,624
Top PUT Open Interest:
Strike	OI	OI Change	Volume
54,000	13,67,430	1,17,660	51,146
56,000	11,90,250	3,48,930	1,39,865
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
58,000	11,19,960	4,58,430	2,47,284
56,000	11,90,250	3,48,930	1,39,865
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
53,000	5,28,690	-1,02,030	36,763
55,800	74,340	-25,680	21,790
Top PUT Volume:
Strike	OI	OI Change	Volume
57,500	8,85,480	2,74,440	2,51,468
58,000	11,19,960	4,58,430	2,47,284

MIDCPNIFTY Monthly Expiry (30/06/2026)

The MIDCPNIFTY index closed at 14516.4. The MIDCPNIFTY monthly expiry for JUNE 30, 2026, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.056 against previous 1.016. The 15000CE option holds the maximum open interest, followed by the 14000PE and 14500PE options. Market participants have shown increased interest with significant open interest additions in the 14525PE option, with open interest additions also seen in the 14400PE and 14500PE options. On the other hand, open interest reductions were prominent in the 71000CE, 65000PE, and 65000PE options. Trading volume was highest in the 14700CE option, followed by the 14500CE and 14500PE options, indicating active trading in these strikes.

MIDCPNIFTY	Monthly	Expiry:	30-06-2026
Index Spot	PCR OI	Prev PCR OI	PCR VOL
14,516.40	1.056	1.016	0.778
Total Open Interest Change in all CALLs & PUTs:
	Current	Prior	Net Ch
CALL:	78,80,160	75,53,160	3,27,000
PUT:	83,20,320	76,77,480	6,42,840
Top CALL Open Interest:
Strike	OI	OI Change	Volume
15,000	9,43,080	24,720	11,954
14,700	7,51,320	81,960	50,737
Top CALL Open Interest addition:
Strike	OI	OI Change	Volume
14,550	1,78,680	1,01,640	14,151
14,700	7,51,320	81,960	50,737
Top CALL Open Interest reduction:
Strike	OI	OI Change	Volume
15,500	3,35,400	-44,520	1,819
14,600	5,37,360	-24,600	26,235
Top CALL Volume:
Strike	OI	OI Change	Volume
14,700	7,51,320	81,960	50,737
14,500	6,35,400	59,520	43,515
Top PUT Open Interest:
Strike	OI	OI Change	Volume
14,000	8,35,680	-52,560	12,905
14,500	7,79,760	1,41,120	34,013
Top PUT Open Interest addition:
Strike	OI	OI Change	Volume
14,525	2,95,920	2,69,040	10,800
14,400	5,43,960	2,54,400	24,040
Top PUT Open Interest reduction:
Strike	OI	OI Change	Volume
14,000	8,35,680	-52,560	12,905
13,800	2,08,320	-43,440	4,319
Top PUT Volume:
Strike	OI	OI Change	Volume
14,500	7,79,760	1,41,120	34,013
14,400	5,43,960	2,54,400	24,040

Conclusion: What the NSE & BSE Indices Futures and Options Open Interest Volume Analysis Tells Us

• Today’s Open Interest Volume Analysis paints a constructive picture for the coming sessions. Across all major indices, futures data shows a healthy combination of June short covering and July fresh long build-up, while option writers have simultaneously increased put positions near important support levels. This alignment between futures and options significantly improves the probability that the market is attempting to establish a sustainable higher trading range rather than witnessing a one-day expiry rally.
• For NIFTY, the 24000 zone has emerged as the strongest immediate support after attracting maximum Put Open Interest and remaining close to Max Pain. As long as the index sustains above this level, bullish momentum can gradually extend towards higher resistance zones, although intermittent profit booking near heavy call writing around 24500–25000 should not be ruled out. A decisive move above these resistance levels would require fresh unwinding of call positions.
• BANKNIFTY continues to display relatively stronger momentum than NIFTY, supported by aggressive fresh long creation and higher rollover participation. However, substantial call additions near 58200 suggest that traders should expect intraday volatility before any sustained breakout. Holding above the 58000 support zone would keep the bullish structure intact for the July series.
• MIDCPNIFTY remains comparatively stable with balanced derivatives positioning. Fresh long build-up in July futures and improving PCR indicate gradual institutional accumulation rather than speculative buying. Sustaining above 14500 could allow the index to outperform if broader market strength continues.
• The biggest takeaway from this Open Interest Volume Analysis is that institutional positioning has clearly shifted towards the July expiry series with expanding participation across all major indices. Traders should continue following a “buy-on-dips” approach instead of chasing sharp rallies, while closely monitoring rollover activity, changes in Put-Call Ratio, and fresh Open Interest additions. Unless there is a sudden reversal through aggressive long unwinding or heavy call writing across higher strikes, the derivatives data continues to favour a moderately bullish outlook with stock-specific opportunities expected to outperform the broader indices.

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