What is nifty pcr ratio ?.

The Put/Call Ratio (PCR) is a well-known derivative indicator that was created primarily to assist traders in determining the general sentiment (mood) of the market. Either the open interest for a given period or the volume of options trading is used to determine the ratio. More puts were traded during the day if the ratio is greater than 1, and more calls were exchanged during the day if the ratio is less than 1.