The optical properties of poly (methylmethacrylate) (PMMA) polymer are found to be modified when PVA molecules are added in the matrix of PMMA and vice versa making a blend. The concentrations studied were kept low to preserve the original properties of the host. It was seen that PMMA well protects its bonds and dominated the optical properties, while the properties of PVA are comparatively easier to modify when small amount of PMMA is inserted in PVA matrix. The results are interpreted in terms of bond modifications as seen from FTIR and absorption measurements and are useful in understanding the transparency and bandgap of the blend films.