NSE & BSE Indices Futures and Options Open Interest Volume Analysis for 15/06/2026

Sharing is Supporting

Open Interest Volume Analysis

The Indian equity market started the new week on a strong footing, with NIFTY, BANKNIFTY, MIDCPNIFTY and SENSEX all ending in positive territory, but a deeper Open Interest Volume Analysis reveals that the rally was driven more by aggressive short covering than by broad-based fresh buying.


NIFTY futures witnessed a decline in combined open interest alongside lower volumes, indicating that bears were forced to unwind positions as prices moved higher.


However, the emergence of fresh long positions in the July futures series suggests that smart money is gradually shifting its bullish bets to the next expiry cycle.
While the headline indices appear strong, the sharp drop in weekly Put-Call Ratio from elevated levels indicates that traders have become more cautious after the recent rally.


The derivatives data currently points towards a “buy-on-dips” market structure, but participants should closely monitor whether fresh long additions continue to support higher levels or whether profit booking emerges near key resistance zones.


This detailed Open Interest Volume Analysis highlights a market that remains bullish, yet increasingly selective, as traders prepare for the upcoming weekly and monthly expiries.

NSE & BSE F&O Market Signals

NIFTY Future analysis

NIFTY Spot closed at: 23853.9 (0.978%)

Combined = June + July + August

Combined Fut Open Interest Change: -1.25%

Combined Fut Volume Change: -29.62%

Combined Fut Open Interest Analysis: Short Covering

Rollover: 12% Previous 12%

NIFTY JUNE Future closed at: 23916.6 (0.971%)

June Fut Premium 62.7 (Decreased by -1 points)

June Fut Open Interest Change: -2.10%

June Fut Volume Change: -34.51%

June Fut Open Interest Analysis: Short Covering

NIFTY JULY Future closed at: 24009.9 (1.001%)

July Fut Premium 156 (Increased by 7 points)

July Fut Open Interest Change: 4.61%

July Fut Volume Change: 24.38%

July Fut Open Interest Analysis: Fresh Long

NIFTY Weekly Expiry (16/06/2026) Option Analysis

Put-Call Ratio (Open Interest): 0.946 (Decreased from 1.740)

Put-Call Ratio (Volume): 1.054

Max Pain Level: 23800

Maximum CALL Open Interest: 24000

Maximum PUT Open Interest: 23500

Highest CALL Addition: 24000

Highest PUT Addition: 23800

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

Put-Call Ratio (Open Interest): 1.085 (Decreased from 1.087)

Put-Call Ratio (Volume): 1.079

Max Pain Level: 24000

Maximum CALL Open Interest: 25000

Maximum PUT Open Interest: 24000

Highest CALL Addition: 24500

Highest PUT Addition: 23300

BANKNIFTY Future Analysis

BANKNIFTY Spot closed at: 57198.8 (0.676%)

Combined = June + July + August

Combined Fut Open Interest Change: -3.23%

Combined Fut Volume Change: -25.29%

Combined Fut Open Interest Analysis: Short Covering

Rollover: 12% Previous 10%

BANKNIFTY JUNE Future closed at: 57257.2 (0.677%)

June Fut Premium 58.4 (Increased by 0.8 points)

June Fut Open Interest Change: -5.4%

June Fut Volume Change: -24.2%

June Fut Open Interest Analysis: Short Covering

BANKNIFTY JULY Future closed at: 57600 (0.772%)

July Fut Premium 401.2 (Increased by 57 points)

July Fut Open Interest Change: 14.02%

July Fut Volume Change: -36.14%

July Fut Open Interest Analysis: Fresh Long

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

Put-Call Ratio (Open Interest): 1.036 (Decreased from 1.096)

Put-Call Ratio (Volume): 0.935

Max Pain Level: 56000

Maximum CALL Open Interest: 60000

Maximum PUT Open Interest: 54000

Highest CALL Addition: 57500

Highest PUT Addition: 57500

MIDCPNIFTY Future Analysis

MIDCPNIFTY Spot closed at: 14426.35 (1.269%)

Combined = June + July + August

Combined Fut Open Interest Change: 0.04%

Combined Fut Volume Change: -44.02%

Combined Fut Open Interest Analysis: Fresh Long

Rollover: 4% Previous 4%

MIDCPNIFTY JUNE Future closed at: 14482.75 (1.014%)

June Fut Premium 56.4 (Decreased by -35.4 points)

June Fut Open Interest Change: 0.02%

June Fut Volume Change: -48.51%

June Fut Open Interest Analysis: Fresh Long

MIDCPNIFTY JULY Future closed at: 14529.5 (1.121%)

July Fut Premium 103.15 (Decreased by -19.7 points)

July Fut Open Interest Change: -0.13%

July Fut Volume Change: 5.04%

July Fut Open Interest Analysis: Short Covering

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

Put-Call Ratio (Open Interest): 1.133 (Increased from 1.048)

Put-Call Ratio (Volume): 1.326

Max Pain Level: 14300

Maximum CALL Open Interest: 15000

Maximum PUT Open Interest: 13500

Highest CALL Addition: 15500

Highest PUT Addition: 14500

SENSEX Monthly Expiry (25/06/2026) Future

SENSEX Spot closed at: 76,264.33 (0.975%)

SENSEX Monthly Future closed at: 76,411.25 (0.940%)

Premium: 146.92 (Decreased by -24.83 points)

Open Interest Change: -7.67%

Volume Change: -33.91%

Open Interest Analysis: Short Covering

SENSEX Weekly Expiry (18/06/2026) Option Analysis

Put-Call Ratio (OI): 1.010 (Decreased from 1.691)

Put-Call Ratio (Volume): 1.076

Max Pain Level: 76300

Maximum CALL OI: 80000

Maximum PUT OI: 74000

Highest CALL Addition: 76700

Highest PUT Addition: 76500

FII & DII Cash Market Activity

FIIs Net BUY: ₹ 200.05 Cr.

DIIs Net BUY: ₹ 3,189.26 Cr.

FII Derivatives Activity

FII Trading Stats15.06.2612.06.2611.06.26
FII Cash (Provisional Data)200.05-1,082.18-1,987.09
    
Index Future Open Interest Long Ratio12.70%12.35%10.28%
Index Future Volume Long Ratio53.26%66.98%57.48%
Call Option Open Interest Long Ratio42.10%42.82%39.26%
Call Option Volume Long Ratio49.74%50.52%49.81%
Put Option Open Interest Long Ratio65.62%64.70%68.51%
Put Option Volume Long Ratio50.01%50.03%50.07%
Stock Future Open Interest Long Ratio55.28%55.25%54.83%
Stock Future Volume Long Ratio50.49%55.01%48.99%
    
Index FuturesFresh LongShort CoveringShort Covering
Index OptionsFresh ShortFresh LongFresh Short
    
Nifty FuturesFresh LongShort CoveringShort Covering
Nifty OptionsFresh ShortFresh LongFresh Short
    
BankNifty FuturesLong CoveringFresh LongShort Covering
BankNifty OptionsFresh ShortFresh LongFresh Short
    
FinNifty FuturesFresh LongFresh LongFresh Long
FinNifty OptionsFresh ShortFresh ShortLong Covering
    
MidcpNifty FuturesFresh LongFresh ShortFresh Long
MidcpNifty OptionsFresh ShortFresh LongLong Covering
    
NiftyNxt50 FuturesFresh LongFresh ShortFresh Short
NiftyNxt50 OptionsFresh LongFresh LongFresh Long
    
Stock FuturesFresh LongFresh LongFresh Short
Stock OptionsFresh ShortFresh LongFresh Short

SENSEX weekly Expiry (18/06/2026)

The SENSEX index closed at 76264.33. The SENSEX weekly expiry for JUNE 18, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 1.010 against previous 1.691. The 74000PE option holds the maximum open interest, followed by the 80000CE and 76500CE options. Market participants have shown increased interest with significant open interest additions in the 76500PE option, with open interest additions also seen in the 76700CE and 80000CE options. On the other hand, open interest reductions were prominent in the 72300PE, 71500PE, and 74800PE options. Trading volume was highest in the 76500PE option, followed by the 76500CE and 77000CE options, indicating active trading in these strikes.

SENSEXWeeklyExpiry:18-06-2026
Index SpotPCR OIPrev PCR OIPCR VOL
76264.331.0101.6911.076
Total Open Interest Change in all CALLs & PUTs:
 CurrentPriorNet Ch
CALL:  1,45,55,260        73,82,080           71,73,180
PUT:  1,47,07,200    1,24,82,240           22,24,960
Top CALL Open Interest:
StrikeOIOI ChangeVolume
80000        8,31,260          4,87,560           72,59,960
76500        7,41,940          4,48,940        1,84,67,260
Top CALL Open Interest addition:
StrikeOIOI ChangeVolume
76700        5,58,100          5,12,020        1,37,47,640
80000        8,31,260          4,87,560           72,59,960
Top CALL Open Interest reduction:
StrikeOIOI ChangeVolume
75100            52,780        -1,51,080              2,40,120
75500        1,30,900        -1,34,440              7,35,660
Top CALL Volume:
StrikeOIOI ChangeVolume
76500        7,41,940          4,48,940        1,84,67,260
77000        7,41,760          4,07,020        1,76,27,860
Top PUT Open Interest:
StrikeOIOI ChangeVolume
74000        9,10,980          2,81,880           79,38,060
74500        7,35,320        -1,11,780           88,59,740
Top PUT Open Interest addition:
StrikeOIOI ChangeVolume
76500        5,81,740          5,47,160        2,24,77,060
76400        3,57,420          3,53,340        1,12,01,880
Top PUT Open Interest reduction:
StrikeOIOI ChangeVolume
72300            26,800        -2,05,340              7,10,680
71500        2,45,660        -1,55,420           31,61,240
Top PUT Volume:
StrikeOIOI ChangeVolume
76500        5,81,740          5,47,160        2,24,77,060
76000        3,50,600          2,27,200        1,40,00,320

NIFTY Weekly Expiry (16/06/2026)

The NIFTY index closed at 23853.9. The NIFTY weekly expiry for JUNE 16, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 0.946 against previous 1.740. The 24000CE option holds the maximum open interest, followed by the 24500CE and 25000CE options. Market participants have shown increased interest with significant open interest additions in the 24000CE option, with open interest additions also seen in the 23800PE and 23950CE options. On the other hand, open interest reductions were prominent in the 22500PE, 22000PE, and 21200PE options. Trading volume was highest in the 24000CE option, followed by the 23900PE and 23900CE options, indicating active trading in these strikes.

NIFTYWeekly Expiry:16-06-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         23,853.90                0.946                  1.740               1.054
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL: 17,68,27,560   11,44,89,895   6,23,37,665
 PUT: 16,73,33,725   19,91,58,180 -3,18,24,455
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               24,000    1,84,72,935         79,71,340   1,13,52,694
               24,500    1,06,26,200         37,20,470       21,77,193
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               24,000    1,84,72,935         79,71,340   1,13,52,694
               23,950       74,09,610         58,46,750       69,19,877
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               23,600       12,20,830        -27,02,050         2,22,959
               23,500       20,57,445        -26,75,400         1,82,772
 Top CALL Volume:
 Strike OI OI Change Volume
               24,000    1,84,72,935         79,71,340   1,13,52,694
               23,900       94,04,135         53,86,680       72,16,378
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               23,500    1,03,64,640         18,75,250       30,15,451
               23,000       99,91,020        -17,03,390       16,37,526
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               23,800       67,15,150         58,65,535       68,34,232
               23,900       49,05,420         45,74,440       93,99,679
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               22,500       58,26,730        -81,41,445       10,31,666
               22,000       49,30,185        -63,93,335         4,63,827
 Top PUT Volume: 
 Strike OI OI Change Volume
               23,900       49,05,420         45,74,440       93,99,679
               23,800       67,15,150         58,65,535       68,34,232

NIFTY Monthly Expiry (30/06/2026)

The NIFTY index closed at 23853.9. The NIFTY monthly expiry for JUNE 30, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 1.085 against previous 1.087. The 25000CE option holds the maximum open interest, followed by the 24000CE and 26000CE options. Market participants have shown increased interest with significant open interest additions in the 23300PE option, with open interest additions also seen in the 24000PE and 24500CE options. On the other hand, open interest reductions were prominent in the 22500PE, 23000PE, and 23500CE options. Trading volume was highest in the 24000CE option, followed by the 24500CE and 23000PE options, indicating active trading in these strikes.

NIFTY Monthly Expiry:30-06-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         23,853.90                1.085                  1.087               1.079
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:    6,50,91,625      6,45,71,560         5,20,065
 PUT:    7,06,15,155      7,01,94,320         4,20,835
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               25,000       85,90,525            1,74,470         1,15,926
               24,000       76,33,885               36,585         2,08,785
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               24,500       52,35,425            5,90,135         1,67,833
               24,600       10,76,075            4,07,615             44,041
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               23,500       38,46,635          -5,95,335             34,572
               23,600       13,74,555          -4,33,160             18,810
 Top CALL Volume:
 Strike OI OI Change Volume
               24,000       76,33,885               36,585         2,08,785
               24,500       52,35,425            5,90,135         1,67,833
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               24,000       52,85,515            6,58,900         1,23,500
               23,500       51,33,375            3,32,605         1,13,719
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               23,300       28,42,710         15,48,820             83,371
               24,000       52,85,515            6,58,900         1,23,500
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               22,500       21,94,140        -12,45,660             78,961
               23,000       48,96,460        -11,34,670         1,38,825
 Top PUT Volume: 
 Strike OI OI Change Volume
               23,000       48,96,460        -11,34,670         1,38,825
               24,000       52,85,515            6,58,900         1,23,500

BANKNIFTY Monthly Expiry (30/06/2026)

The BANKNIFTY index closed at 57198.8. The BANKNIFTY monthly expiry for JUNE 30, 2026 has revealed key trends in open interest. The current Put/Call Ratio is at 1.036 against previous 1.096. The 60000CE option holds the maximum open interest, followed by the 54000PE and 55000PE options. Market participants have shown increased interest with significant open interest additions in the 57500CE option, with open interest additions also seen in the 57500PE and 57400CE options. On the other hand, open interest reductions were prominent in the 56000CE, 50000PE, and 56500CE options. Trading volume was highest in the 60000CE option, followed by the 57500CE and 58000CE options, indicating active trading in these strikes.

BANKNIFTY Monthly Expiry:30-06-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         57,198.80                1.036                  1.096               0.935
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:    1,55,56,740      1,49,11,410         6,45,330
 PUT:    1,61,19,660      1,63,45,380       -2,25,720
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               60,000       17,63,670              -28,290         1,48,168
               54,000          9,20,370              -22,350               1,762
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               57,500          6,77,190            2,90,730         1,43,850
               57,400          2,25,930            1,86,600             67,530
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               56,000          7,90,290          -2,43,840             19,484
               56,500          2,50,590          -1,30,260             17,247
 Top CALL Volume:
 Strike OI OI Change Volume
               60,000       17,63,670              -28,290         1,48,168
               57,500          6,77,190            2,90,730         1,43,850
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               54,000       13,68,720              -35,400             54,725
               55,000          9,32,430               17,190             52,818
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               57,500          3,67,410            2,28,570         1,02,857
               57,000          5,59,710            1,53,180             82,758
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               50,000          6,03,660          -1,55,610             28,831
               51,500          2,42,700          -1,03,470             21,776
 Top PUT Volume: 
 Strike OI OI Change Volume
               57,500          3,67,410            2,28,570         1,02,857
               57,000          5,59,710            1,53,180             82,758

MIDCPNIFTY Monthly Expiry (30/06/2026)

The MIDCPNIFTY index closed at 14426.35. The MIDCPNIFTY monthly expiry for JUNE 30, 2026, 2025 has revealed key trends in open interest. The current Put/Call Ratio is at 1.133 against previous 1.048. The 15000CE option holds the maximum open interest, followed by the 13500PE and 13000PE options. Market participants have shown increased interest with significant open interest additions in the 14500PE option, with open interest additions also seen in the 15500CE and 13500PE options. On the other hand, open interest reductions were prominent in the 72000CE, 71000CE, and 70500PE options. Trading volume was highest in the 14500CE option, followed by the 14500PE and 14000PE options, indicating active trading in these strikes.

MIDCPNIFTY Monthly Expiry:30-06-2026
 Index Spot PCR OI Prev PCR OI PCR VOL
         14,426.35                1.133                  1.048               1.326
 Total Open Interest Change in all CALLs & PUTs:
  Current Prior Net Ch
 CALL:       59,09,040         59,96,520           -87,480
 PUT:       66,95,400         62,83,200         4,12,200
 Top CALL Open Interest: 
 Strike OI OI Change Volume
               15,000          7,38,960          -1,09,560               9,730
               14,500          5,38,560               10,560             12,977
 Top CALL Open Interest addition: 
 Strike OI OI Change Volume
               15,500          4,47,960            1,00,680               3,124
               15,100          1,06,680               45,600               3,109
 Top CALL Open Interest reduction: 
 Strike OI OI Change Volume
               15,000          7,38,960          -1,09,560               9,730
               14,000          2,36,400              -59,760               1,391
 Top CALL Volume:
 Strike OI OI Change Volume
               14,500          5,38,560               10,560             12,977
               15,000          7,38,960          -1,09,560               9,730
 Top PUT Open Interest: 
 Strike OI OI Change Volume
               13,500          6,82,680               80,400               8,798
               13,000          6,55,080              -49,320               4,763
 Top PUT Open Interest addition: 
 Strike OI OI Change Volume
               14,500          4,30,920            1,43,520             10,981
               13,500          6,82,680               80,400               8,798
 Top PUT Open Interest reduction: 
 Strike OI OI Change Volume
               13,700             88,800          -1,05,360               3,531
               13,600          1,12,560              -67,560               4,277
 Top PUT Volume: 
 Strike OI OI Change Volume
               14,500          4,30,920            1,43,520             10,981
               14,000          5,08,680              -56,640             10,120

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

The overall derivatives setup remains constructive for the bulls, with all major indices showing evidence of short covering and selective fresh long accumulation, particularly in July series contracts.


The latest Open Interest Volume Analysis indicates that NIFTY’s immediate support zone has shifted higher towards 23800-23500, while 24000 remains the key resistance and option writers’ battleground for the weekly expiry.


BANKNIFTY continues to display strength through substantial fresh long additions in July futures, although the sharp call writing around 57500 suggests some near-term consolidation cannot be ruled out.


MIDCPNIFTY remains one of the strongest pockets of the market, supported by rising PCR and fresh bullish positioning, reflecting continued confidence in the broader market segment.


Across all indices, falling volatility, strong rollover trends, and continued migration of positions into July contracts suggest traders are positioning for a potentially higher trading range in the coming weeks.


From an actionable trading perspective, the derivatives data favours maintaining a positive bias while adopting a “buy-on-decline” approach rather than chasing rallies.


As long as key support levels remain intact and fresh long positions continue to replace exiting shorts, the broader trend is likely to remain upward, making this Open Interest Volume Analysis supportive of a cautiously bullish outlook for the near term.

Check Previous Day’s NSE & BSE Indices F&O Analysis

FII / FPI trading activity in Capital Market Segment

NSE Derivatives Raw Data

BSE Derivatives Raw Data

Disclaimer

fnodata.com is a financial blog providing research-based data and analysis. The content creator of the fnodata.com is not a SEBI registered Investment Advisor. The content on this blog is for informational purposes only and should not be considered as investment advice. You are responsible for your own investment decisions. You should consult with a financial advisor or conduct your own research before making any investment decisions.


Sharing is Supporting

Leave a Reply

Your email address will not be published. Required fields are marked *