Oquilia Markets Lab

Market X-Ray, 9 November 2026

Name: Oquilia Market X-Ray, 9 November 2026: end-of-day positions in India's equity derivatives market
Creator: Oquilia Markets Lab

Who is positioned how in India’s futures and options market, read from NSE’s own end-of-day files and explained. Free, every trading evening. This is Monday, 9 November 2026.

IREDA +8.40% · OI -16.4%JUBLFOOD -5.15% · OI +15.4%COROMANDEL +2.45% · OI +13.3%BOSCHLTD -2.37% · OI +12.0%INDIANB +4.61% · OI +9.8%CAMS -0.48% · OI +8.6%RVNL +4.20% · OI +8.5%SAGILITY +1.75% · OI +8.3%KALYANKJIL +2.82% · OI -7.9%MAHABANK +1.69% · OI +6.8%GLENMARK +3.24% · OI +6.2%LICHSGFIN +2.56% · OI -6.0%NESTLEIND +1.36% · OI -5.7%HAVELLS +2.66% · OI -5.2%PIIND -2.21% · OI +5.2%ASHOKLEY -2.22% · OI +5.0%

NSE close · 9 Nov

Updates after 7.15 pm on trading days

Foreign investors were net short 90,741 index futures contracts, against 1,00,416 short on 6 Nov.
Of 218 F&O stocks, 12 saw long unwinding, 47 short build-up, 50 short covering and 52 long build-up.
Nifty options expiring 17 Nov: put-call ratio 1.14; the most call open interest is at 26,000 and the most put open interest at 23,000.
1 stock is in the F&O ban: KAYNES.

Positioning

Who is positioned how

Index futures held by each kind of trader at the close, in contracts: long minus short. The line is the last 20 sessions.

Foreign investors (FII)

net index futures; +9,675 on the day

27% long73% short

Index options, net: calls −1,11,953, puts +3,87,639

Domestic institutions (DII)

net index futures; −5,079 on the day

69% long31% short

Index options, net: calls +13,593, puts +1,04,232

Brokers' own trading (Pro)

net index futures; −1,574 on the day

37% long63% short

Index options, net: calls +67,564, puts −1,08,532

Clients (retail and others)

net index futures; −3,022 on the day

64% long36% short

Index options, net: calls +30,795, puts −3,83,339

Build-up

Every F&O stock, at a glance

Each tile is a stock's futures: the price change on the day and the change in open interest across all expiries. Together they say whether positions were being opened or closed. Tap a colour to filter, a tile for its numbers.

Find a stockOrder by

218/218 stocks

Tap a tile for its numbers.

Options

Where the option positions are

NIFTYexpiry 17 Nov · close 25,045Puts to the left, calls to the rightput-call ratio

25,650
25,600
25,550
25,500
25,450
25,400
25,350
25,300
25,250
25,200
25,150
25,100
25,050
25,000
24,950
24,900
24,850
24,800
24,750
24,700
24,650
24,600
24,550
24,500
24,450

Most call open interest: 26,000 (73,21,925). Most put open interest: 23,000 (58,32,580). Boxed: the strike nearest the close.

BANKNIFTYexpiry 23 Nov · close 59,741Puts to the left, calls to the rightput-call ratio

60,900
60,800
60,700
60,600
60,500
60,400
60,300
60,200
60,100
60,000
59,900
59,800
59,700
59,600
59,500
59,400
59,300
59,200
59,100
59,000
58,900
58,800
58,700
58,600
58,500

Most call open interest: 58,000 (12,84,420). Most put open interest: 58,000 (16,20,420). Boxed: the strike nearest the close.

Position limits

Close to the F&O ban

Open interest as a share of each stock’s market-wide position limit. Above 95% NSE bans fresh positions; the ban lifts when it falls below 80%.

BANDHANBNK88.7%
AMBUJACEM87.5%
MANAPPURAM87.3%
KAYNESIn ban
SAIL84.1%
INOXWIND82.2%
IDEA78.8%
LICHSGFIN74.5%
LICI71.5%
NMDC71.4%
CROMPTON71.0%
CANBK68.9%
NBCC68.9%
GLENMARK65.8%
PATANJALI60.9%

Delivery

Where buyers took delivery

F&O stocks with the highest share of shares traded that were taken into demat accounts rather than squared off the same day (turnover above Rs 100 crore).

Stock	Delivery	Price	Rs cr
INDUSTOWER	76.5%	+0.43%	172
MARICO	71.3%	+0.98%	190
GAIL	67.6%	+1.78%	217
PIDILITIND	66.7%	+0.59%	113
BAJAJ-AUTO	66.6%	+0.63%	410
BRITANNIA	65.6%	+0.19%	128
ICICIBANK	64.5%	+1.53%	4,356
INDHOTEL	64.1%	+0.30%	531
WIPRO	63.7%	+0.73%	231
HDFCBANK	62.7%	+1.79%	5,151
NMDC	62.6%	+0.70%	191
BPCL	62.0%	-0.50%	206
TECHM	61.4%	-1.36%	509
GMRAIRPORT	61.2%	+1.51%	129
NTPC	60.9%	+1.87%	315

How to read the X-Ray

Long build-up: price up, open interest up. New positions are being opened by buyers.
Short build-up: price down, open interest up. New positions are being opened by sellers.
Short covering: price up, open interest down. Sellers are closing positions.
Long unwinding: price down, open interest down. Buyers are closing positions.
Put-call ratio: open interest in puts divided by open interest in calls, across every strike of the expiry.
Participants: NSE splits open interest four ways: foreign portfolio investors (FII), domestic institutions such as mutual funds and insurers (DII), brokers trading on their own account (Pro), and everyone else (clients, mostly individuals).

Where the numbers come from

Every figure on this page is calculated from NSE’s public archive files for the session, published each evening: NSE participant-wise open interest, NSE F&O bhavcopy, NSE combined open interest and MWPL, NSE equity bhavcopy with delivery. The X-Ray updates after 7.15 pm on trading days.

What this is not

It is a reading of the exchange’s data, not advice: Oquilia is not a SEBI-registered adviser and says nothing here about what anyone should buy or sell. Positions change through the day and these are the closing figures. SEBI’s own studies found that most individual traders in equity derivatives lose money; see what a trade really costs in the True Cost Calculator.