Log · week of 30 Mar – 2 Apr 2026
Risk-off holds.
Nifty 500 breadth 24%, down 1 point. Nifty 50 −0.5% on the week.
The five conditions
- TrendNifty 50 above its 200-day average−9.9%Not met
- BreadthAt least half the Nifty 500 above their 200-day average24%Not met
- FearIndia VIX below its 70th percentile98th percentileNot met
- DepthNifty 50 within 10% of its record close−13.7%Not met
- MomentumNifty 50 up over one month−8.7%Not met
No condition changed since last week.
The index
Nifty 50 close
22,713
−0.5% on the week
From its record
−13.7%
India VIX
25.52
98th percentile so far
Breadth
Nifty 500 above 200-day
24%
down 1 pts on the week
All 2,082 stocks
14%
Large caps
26%
Small caps
24%
Fresh extremes
Crossings
▲ 41 crossed above the 200-day average
▽ 22 crossed below it
Against the 50-day average: 138 crossed above, 32 below.
Rotation
Breadth rose most
- Energy22% above▲ +5 pts
- Textiles17% above▲ +4 pts
- Construction8% above▲ +3 pts
Breadth fell most
- Forest Materials0% above▽ −5 pts
- Auto19% above▽ −5 pts
- Power18% above▽ −3 pts
Changed quadrant on the orbit map
- FinancialsWeakening → Lagging
- Consumer svcsLagging → Improving
- ITLagging → Improving
- ConstructionLagging → Improving
Leaders
48 leaders · +19 joined · −13 left
Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.
Joined
Notable
- Breadth bottoms at 24%
The narrowest point of the year: only 24% of stocks above their 200-day average.