F&O market wrap: 2 Nov 2026
Nifty 50 closed at 23,440.80 (+1.68%); Nifty OI put-call ratio 1.67; FII net index futures -2,33,199 contracts.
Index closes
Nifty 50 closed at 23,440.80, up 387.70 points (+1.68%), with a day range of 23,207.05 to 23,440.80.
Bank Nifty closed at 55,002.20, up 315.25 points (+0.58%), with a day range of 54,582.00 to 55,046.35.
Nifty Financial Services closed at 24,899.05, up 186.85 points (+0.76%), with a day range of 24,690.20 to 24,899.05.
Nifty Midcap Select closed at 13,366.70, up 182.20 points (+1.38%), with a day range of 13,229.10 to 13,399.80.
India VIX closed at 15.50, up 0.20 points (+1.29%), with a day range of 14.55 to 15.92.
Options positioning
NIFTY, expiry 3 Nov 2026: max pain is 23,250, and the index closed 190.80 points above it. The OI put-call ratio is 1.67 (more put than call open interest).
NIFTY open interest: the largest call OI is at 24,000 (1,91,536 lots) and the largest put OI at 23,000 (2,22,309 lots). The most new call OI was added at 23,600 (+86,906 lots) and the most new put OI at 23,200 (+1,52,787 lots).
BANKNIFTY, expiry 23 Nov 2026: max pain is 55,500, and the index closed 497.80 points below it. The OI put-call ratio is 0.96 (more call than put open interest).
BANKNIFTY open interest: the largest call OI is at 57,000 (60,948 lots) and the largest put OI at 58,000 (44,593 lots). The most new call OI was added at 55,000 (+2,886 lots) and the most new put OI at 55,000 (+3,750 lots).
FII and DII positions
FII net index futures position: -2,33,199 contracts (+7,554 from the previous session, when it was -2,40,753). Net index call options -2,04,245, net index put options +5,44,613 contracts.
DII net index futures position: +40,972 contracts (+449 from the previous session, when it was +40,523). Net index call options +6,775, net index put options +1,13,343 contracts.
Stock futures: price and open interest
Long buildup (price up, OI up): MARICO (price +0.08%, OI +7.92%), OIL (price +3.00%, OI +7.12%), JINDALSTEL (price +4.08%, OI +6.07%), GODREJCP (price +0.70%, OI +5.62%), UPL (price +1.27%, OI +5.23%).
Short buildup (price down, OI up): SYRMA (price -8.04%, OI +93.90%), POLICYBZR (price -7.47%, OI +12.89%), LODHA (price -3.53%, OI +9.27%), SUNPHARMA (price -1.08%, OI +8.47%), LUPIN (price -0.41%, OI +4.44%).
Short covering (price up, OI down): DELHIVERY (price +4.49%, OI -10.24%), DIXON (price +12.18%, OI -7.70%), RELIANCE (price +9.97%, OI -5.31%), SHRIRAMFIN (price +4.41%, OI -5.25%), AMBER (price +5.96%, OI -4.92%).
Long unwinding (price down, OI down): BLUESTARCO (price -1.82%, OI -2.77%), APLAPOLLO (price -0.65%, OI -2.48%), LTM (price -0.75%, OI -2.24%), DRREDDY (price -0.91%, OI -1.92%), BSE (price -0.46%, OI -1.52%).
F&O ban list and position limits
Securities in the F&O ban period for 3 NOV 2026: KAYNES, SAIL.
Closest to their market-wide position limit (future-equivalent open interest as a share of MWPL): KAYNES 90.4%, BANDHANBNK 87.6%, MANAPPURAM 86.9%, LICHSGFIN 85.2%, SAIL 84.7%, AMBUJACEM 83.1%, INOXWIND 82.4%, IDEA 78.5%.
Delivery
Highest delivery percentage among stocks with at least Rs 50 crore traded: LIQUIDIETF 96.7%, CASHIETF 91.7%, LIQUIDBEES 80.9%, COROMANDEL 71.8%, BHARTIARTL 71.8%, HDFCGOLD 71.3%, PIRAMALFIN 70.5%, GROWW 70.1%.
Calculated from NSE end-of-day files for the 2026-11-02 session. Open interest is shown in lots. For information and education only; not trading advice.