NSE: PNB · 29 October 2026
PUNJAB NATIONAL BANK F&O Intelligence
Data-mining view of cash participation, delivery, futures activity, open interest and recent positioning.
Last 3 Sessions: Cash Activity & Delivery
| Date | Cash Volume | Number of Trades | Shares Traded per Trade | Delivery % | Close / Change |
|---|---|---|---|---|---|
| 27 Oct | 2.21 Cr shares | 70,587 | 313.1 WittyTrades Proprietary |
52.28% | Rs 121.27 (+0.31%) |
| 28 Oct | 83.83 L shares | 36,303 | 230.9 WittyTrades Proprietary |
47.23% | Rs 120.31 (-0.79%) |
| 29 Oct | 2.77 Cr shares | 72,005 | 384.6 WittyTrades Proprietary |
45.19% | Rs 123.90 (+2.98%) |
Average number of shares traded per trade was 384.6 in the latest session versus a 309.5 3-session average. The latest average trade size was materially above its 3-session baseline, which can flag stronger larger-ticket or institutional-style participation. Latest delivery was 45.2% versus a 3-session average of 48.2%.
Last 3 Sessions: Futures vs Cash Participation
| Date | Near Future / Change | Futures Volume (Shares) | Cash Volume (Shares) | F&O/Cash Participation Ratio | Aggregate Futures OI | Positioning Read |
|---|---|---|---|---|---|---|
| 27 Oct | Rs 120.25 (+0.06%) | 9.90 Cr shares | 2.21 Cr shares | 4.48x WittyTrades Proprietary |
30.97 Cr shares (—) | Positioning unavailable |
| 28 Oct | Rs 121.26 (+0.18%) | 1.09 Cr shares | 83.83 L shares | 1.30x WittyTrades Proprietary |
27.30 Cr shares (-11.86%) | Short covering |
| 29 Oct | Rs 124.09 (+2.33%) | 3.30 Cr shares | 2.77 Cr shares | 1.19x WittyTrades Proprietary |
27.18 Cr shares (-0.44%) | Short covering |
How open interest shifted across expiries
| Expiry | Latest OI | 1-Day OI Change |
|---|---|---|
| 23 Nov | 26.41 Cr shares | -14.80 L |
| 29 Dec | 75.20 L shares | +1.76 L |
| 25 Jan | 1.36 L shares | +1.12 L |
The front expiry lost OI while later expiries gained OI, confirming contract migration. About 2.8% of aggregate OI sat beyond the front expiry. This is an expiry-structure observation, not a directional signal by itself.
- Whether aggregate futures OI expands or contracts alongside the next price move.
- Whether the WittyTrades F&O/Cash Participation Ratio remains elevated or normalises.
- Whether Shares Traded per Trade moves materially above or below its recent baseline.
- Whether delivery participation holds above or below the recent 3-session average of 48.2%.
- Whether later-expiry OI continues to absorb positions from the front contract as expiry approaches.
Higher Shares Traded per Trade can flag larger-ticket participation, but exchange trade-count data does not identify the buyer or seller category. The F&O/Cash Participation Ratio measures participation intensity and does not by itself distinguish directional trading, hedging or arbitrage.
- Punjab National Bank shares moved up 2.98% today, closing at ₹123.90 after oscillating between an intraday low of ₹119.62 and a peak of ₹123.90.
- Punjab National Bank disclosed that the Reserve Bank of India imposed a monetary penalty of ₹1,56,53,000. The regulatory action stemmed from non-compliance with operational guidelines governing Currency Chests under RBI Master Directions. The bank stated that the financial impact is restricted solely to the monetary penalty amount specified in the order.
- Trading volume was 1.37 times the 20-day average daily volume.
Why is Punjab National Bank share price rising on 29 October 2026?
Punjab National Bank shares moved up 2.98% today, closing at ₹123.90 after oscillating between an intraday low of ₹119.62 and a peak of ₹123.90.
The broader market environment showed positive momentum as the Nifty advanced 1.05%, providing supportive sector sentiment. PNB's move outpaced the broader market benchmark, building on a modest 1.14% return over the past 5 trading days and extending its 20-day return to 10.87%. The equity has traded within a 52-week range of ₹98.50 to ₹135.15, reflecting steady participation from market participants.
The session followed a recent regulatory disclosure where the Reserve Bank of India imposed a monetary penalty of ₹1,56,53,000 on the bank for non-compliance with operational guidelines of Currency Chests. While this filing was made public post-market hours on October 29, 2026, market participants also weighed earlier operational updates, including the Q2 FY27 financial results reported on October 16, 2026, which featured a 12.8% year-on-year rise in net profit to ₹5,532 crore and a gross NPA ratio of 2.55%.
2.77 crore shares traded by 29 October 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 2.02 crore shares (1.37 times). The five-day average daily volume was 1.90 crore shares. Separately, the NSE report for 29 October 2026 showed 1.25 crore shares delivered, representing 45.19% of that day’s traded volume. The same report recorded 72,005 trades.
The stock advanced alongside above-average cash volume and high delivery participation, building upon recent quarterly earnings strength and broader market support without a single same-day operational catalyst directly driving the uptick.
Latest Company Developments
Punjab National Bank disclosed that the Reserve Bank of India imposed a monetary penalty of ₹1,56,53,000. The regulatory action stemmed from non-compliance with operational guidelines governing Currency Chests under RBI Master Directions. The bank stated that the financial impact is restricted solely to the monetary penalty amount specified in the order.
Highlights ongoing regulatory scrutiny on operational compliance standards within currency management divisions.
The board of directors approved the financial results for the quarter ended September 30, 2026, reporting a 12.8% year-on-year increase in net profit to ₹5,532 crore. Global business expanded by 11.9% year-on-year to ₹31,18,434 crore, while asset quality improved with the gross NPA ratio declining to 2.55% and net NPA dropping to 0.25%.
Provides baseline fundamental context regarding the bank's profitability trajectory, credit expansion, and asset quality cleanup.
Punjab National Bank shares gain 2% as Q2 net profit climbs 13% Business Today
Punjab National Bank Customers Allege Rs 35 Crore Fraud, Several PSB Employees Suspended NDTV Profit
Punjab National Bank has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 6.14% on 30 September 2026. This compares with 6.51% on 30 June 2026, a change of -0.37 percentage points.
The filing reported 43 MF/UTI holders.
Research & Brokerage Views
Maintained a positive view with a target price of ₹140 following the bank's quarterly performance.
Recommended a buy rating with a target price of ₹135 based on expected earnings delivery and valuation appeal.
What to Watch Next
- Execution of digital lending growth targets following total sanctions crossing ₹22,000 crore in Q2 FY27.
- Further updates on regulatory compliance regarding currency chest operations.
- Sustained delivery participation and cash volume relative to the 20-day average of 1.37x.
- Movement toward brokerage target levels set by ICICI Securities at ₹140 and Motilal Oswal at ₹135.
Other Dated Coverage
- Punjab National Bank Share Price Today: Why PNB Is Falling 1.74% | 23 October 2026 — 23 October 2026
- Punjab National Bank Share Price Today: Why PNB Is Rising 4.73% | 19 October 2026 — 19 October 2026
- Punjab National Bank in Focus After RBI Penalties; What to Watch Today | 16 October 2026 — 16 October 2026
More Punjab National Bank news and dated analysis →
Frequently Asked Questions
What is the latest Punjab National Bank company news?
Punjab National Bank disclosed that the Reserve Bank of India imposed a monetary penalty of ₹1,56,53,000. The regulatory action stemmed from non-compliance with operational guidelines governing Currency Chests under RBI Master Directions. The bank stated that the financial impact is restricted solely to the monetary penalty amount specified in the order.
How strong was Punjab National Bank’s trading volume?
2.77 crore shares traded, 1.37 times the 20-day average daily volume. The price and volume data are dated 29 October 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
SEBI Registration No.: INH000008172 · BSE Enlistment No.: 5430
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.