Latest NSE end-of-day GEX and DEX

Nifty, session 11 November 2026, expiry 17 November 2026: Nifty net GEX Rs 10,429 crore per 1% move; net DEX Rs 38,409 crore; regime LONG GAMMA; gamma flip 25,016.51; close 25,255.05; max pain 25,100; PCR 0.77; ATM implied volatility 18.0%.

Bank Nifty, session 11 November 2026, expiry 23 November 2026: Bank Nifty net GEX Rs 920 crore per 1% move; net DEX Rs 39,448 crore; regime LONG GAMMA; gamma flip 60,096.85; close 60,792.40; max pain 58,000; PCR 1.17; ATM implied volatility 18.5%.

Source: NSE F&O bhavcopy, end of day, front expiry; computed by Arkenwell with Black-76 on the put-call-parity forward. Modelled dealer positioning, not observed; not investment advice.

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NSE END OF DAY · DEALER POSITIONING

Nifty GEX and DEX, latest session

Net gamma and delta exposure of the nearest expiry, computed from NSE's end-of-day F&O data. Dealer positioning is modelled from open interest under a stated sign convention, not observed.

NIFTY · SESSION …SOURCE: NSE F&O BHAVCOPY · END OF DAY · ₹ CRORE

How to read it

  • Net GEX is dealer gamma in rupees per 1% index move. Positive means hedging tends to dampen moves, negative means it tends to amplify them. See what GEX is.
  • Net DEX is the directional exposure in the modelled dealer book. See what DEX is and GEX vs DEX.
  • Gamma flip is the price where net gamma changes sign. Close above it implies the positive regime. See gamma flip.
  • Compare today with the history bars, not with another index: Nifty and Bank Nifty figures are not comparable.

Method: Black-76 on the put-call-parity forward, closing premiums of options that traded in the session, OI in units. See methodology. The Arkenwell terminal computes the same measures intraday on the live feed. Not investment advice.

Frequently asked questions

What do the figures on this page show?

Net gamma exposure (GEX), net delta exposure (DEX), the gamma flip level and related measures for the nearest expiry, computed from the latest NSE end-of-day session.

Is this live?

No. It uses NSE's published end-of-day files, so it updates once the exchange publishes them after the close. The Arkenwell terminal computes the same measures intraday.

Why can it differ from the live terminal?

End-of-day figures use official closing premiums of options that traded that session, while the terminal uses live quotes. GEX tends to be close; DEX can differ by more because it is more sensitive to individual legs.

Does positive GEX mean the market will rise?

No. Positive GEX (long gamma) describes dampened, range-bound hedging behaviour and negative GEX (short gamma) describes amplified moves. Neither is a direction forecast, and this page is analysis, not investment advice.