Log · week of 23–27 Mar 2026
Risk-off holds.
Nifty 500 breadth 25%, down 2 points. Nifty 50 −1.3% on the week.
The five conditions
- TrendNifty 50 above its 200-day average−9.7%Not met
- BreadthAt least half the Nifty 500 above their 200-day average25%Not met
- FearIndia VIX below its 70th percentile99th percentileNot met
- DepthNifty 50 within 10% of its record close−13.3%Not met
- MomentumNifty 50 up over one month−10.4%Not met
No condition changed since last week.
The index
Nifty 50 close
22,820
−1.3% on the week
From its record
−13.3%
India VIX
26.80
99th percentile so far
Breadth
Nifty 500 above 200-day
25%
down 2 pts on the week
All 2,080 stocks
13%
Large caps
29%
Small caps
25%
Fresh extremes
Crossings
▲ 19 crossed above the 200-day average
▽ 62 crossed below it
Against the 50-day average: 46 crossed above, 126 below.
Rotation
Breadth rose most
- FMCG18% above▲ +1 pts
Breadth fell most
- Telecom7% above▽ −7 pts
- Capital goods15% above▽ −4 pts
- Financials15% above▽ −3 pts
Changed quadrant on the orbit map
- ConstructionImproving → Lagging
- ChemicalsLagging → Improving
- TextilesWeakening → Lagging
Leaders
42 leaders · +9 joined · −14 left
Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.