F&O market wrap: 3 Nov 2026

Nifty 50 closed at 23,810.85 (+1.58%); Nifty OI put-call ratio 1.93; FII net index futures -2,02,757 contracts.

Index closes

Nifty 50 closed at 23,810.85, up 370.05 points (+1.58%), with a day range of 23,482.80 to 23,810.85.

Bank Nifty closed at 55,540.05, up 537.85 points (+0.98%), with a day range of 55,174.10 to 55,739.00.

Nifty Financial Services closed at 25,357.90, up 458.85 points (+1.84%), with a day range of 25,048.15 to 25,409.90.

Nifty Midcap Select closed at 13,560.90, up 194.20 points (+1.45%), with a day range of 13,377.95 to 13,560.90.

India VIX closed at 15.72, up 0.22 points (+1.44%), with a day range of 14.25 to 16.22.

Options positioning

NIFTY, expiry 3 Nov 2026: max pain is 23,700, and the index closed 110.85 points above it. The OI put-call ratio is 1.93 (more put than call open interest).

NIFTY open interest: the largest call OI is at 23,850 (2,43,811 lots) and the largest put OI at 23,700 (3,25,739 lots). The most new call OI was added at 23,850 (+2,16,398 lots) and the most new put OI at 23,700 (+3,24,510 lots).

BANKNIFTY, expiry 23 Nov 2026: max pain is 55,600, and the index closed 59.95 points below it. The OI put-call ratio is 0.97 (more call than put open interest).

BANKNIFTY open interest: the largest call OI is at 58,000 (80,552 lots) and the largest put OI at 58,000 (43,201 lots). The most new call OI was added at 58,000 (+26,857 lots) and the most new put OI at 56,400 (+3,791 lots).

FII and DII positions

FII net index futures position: -2,02,757 contracts (+30,442 from the previous session, when it was -2,33,199). Net index call options -1,88,200, net index put options +4,39,956 contracts.

DII net index futures position: +43,104 contracts (+2,132 from the previous session, when it was +40,972). Net index call options +7,454, net index put options +1,13,203 contracts.

Stock futures: price and open interest

Long buildup (price up, OI up): KFINTECH (price +1.22%, OI +11.50%), GODFRYPHLP (price +2.05%, OI +7.85%), SOLARINDS (price +1.13%, OI +7.39%), MCX (price +7.78%, OI +6.63%), SUNPHARMA (price +0.47%, OI +4.65%).

Short buildup (price down, OI up): NATIONALUM (price -3.80%, OI +6.90%), ENRIN (price -2.83%, OI +6.23%), SYRMA (price -1.04%, OI +4.36%), SBIN (price -1.88%, OI +3.88%), INDIANB (price -1.31%, OI +3.39%).

Short covering (price up, OI down): CDSL (price +5.60%, OI -13.91%), NESTLEIND (price +4.31%, OI -11.59%), ANGELONE (price +7.13%, OI -11.03%), MARICO (price +8.57%, OI -7.23%), SHRIRAMFIN (price +2.33%, OI -6.88%).

Long unwinding (price down, OI down): SAGILITY (price -0.71%, OI -7.65%), MPHASIS (price -1.45%, OI -6.96%), MUTHOOTFIN (price -0.05%, OI -3.78%), UNIONBANK (price -1.07%, OI -3.23%), ABB (price -0.14%, OI -3.10%).

F&O ban list and position limits

Securities in the F&O ban period for 4 NOV 2026: KAYNES, SAIL.

Closest to their market-wide position limit (future-equivalent open interest as a share of MWPL): KAYNES 89.4%, BANDHANBNK 87.4%, MANAPPURAM 84.9%, SAIL 84.1%, LICHSGFIN 84.0%, AMBUJACEM 83.1%, INOXWIND 81.7%, IDEA 78.3%.

Delivery

Highest delivery percentage among stocks with at least Rs 50 crore traded: LIQGRWBEES 88.2%, IIFLCAPS 86.8%, LIQUIDADD 84.0%, CASTROLIND 76.0%, NIFTYBEES 74.8%, ADANIPORTS 73.8%, BHARTIARTL 73.7%, BRIGADE 70.9%.

Calculated from NSE end-of-day files for the 2026-11-03 session. Open interest is shown in lots. For information and education only; not trading advice.

All daily wraps