Log · week of 11–15 May 2026
Conditions turn Risk-off.
Nifty 500 breadth 49%, down 8 points. Nifty 50 −2.2% on the week.
The five conditions
- TrendNifty 50 above its 200-day average−5.6%Not met
- BreadthAt least half the Nifty 500 above their 200-day average49%▽ newNot met
- FearIndia VIX below its 70th percentile83rd percentileNot met
- DepthNifty 50 within 10% of its record close−10.2%▽ newNot met
- MomentumNifty 50 up over one month−2.4%▽ newNot met
Changed since last week: breadth no longer met, depth no longer met, momentum no longer met.
The index
Nifty 50 close
23,644
−2.2% on the week
From its record
−10.2%
India VIX
18.79
83rd percentile so far
Breadth
Nifty 500 above 200-day
49%
down 8 pts on the week
All 2,101 stocks
35%
Large caps
53%
Small caps
48%
Fresh extremes
▲ 117 new 52-week highs
▽ 32 new 52-week lows
Crossings
▲ 39 crossed above the 200-day average
▽ 235 crossed below it
Against the 50-day average: 41 crossed above, 373 below.
Rotation
Breadth fell most
- Utilities60% above▽ −20 pts
- FMCG33% above▽ −14 pts
- Realty24% above▽ −14 pts
Changed quadrant on the orbit map
- Capital goodsLeading → Weakening
- FMCGWeakening → Lagging
- PowerLeading → Weakening
- TextilesLagging → Improving
Leaders
60 leaders · +50 joined · −50 left
Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.
Joined