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Caelion

Log · week of 27–30 Apr 2026

Mixed holds.

Nifty 500 breadth 47%, up 2 points. Nifty 50 +0.4% on the week.

The five conditions

  • TrendNifty 50 above its 200-day average−4.4%Not met
  • BreadthAt least half the Nifty 500 above their 200-day average47%Not met
  • FearIndia VIX below its 70th percentile81st percentileNot met
  • DepthNifty 50 within 10% of its record close−8.8%Met
  • MomentumNifty 50 up over one month+7.5%Met

No condition changed since last week.

The index

Nifty 50 close
23,998
+0.4% on the week
From its record
−8.8%
India VIX
18.46
81st percentile so far

Breadth

Nifty 500 above 200-day
47%
up 2 pts on the week
All 2,095 stocks
34%
Large caps
53%
Small caps
47%

Crossings

Against the 50-day average: 198 crossed above, 83 below.

Rotation

Breadth rose most
  • Utilities40% above▲ +20 pts
  • Power61% above▲ +12 pts
  • Metals59% above▲ +9 pts
Breadth fell most
  • Realty25% above▽ −3 pts
Changed quadrant on the orbit map
  • Forest MaterialsLeading → Lagging

Leaders

60 leaders · +40 joined · −40 left

Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.