Log · week of 18–22 May 2026
Risk-off holds.
Nifty 500 breadth 49%, up 1 point. Nifty 50 +0.3% on the week.
The five conditions
- TrendNifty 50 above its 200-day average−5.2%Not met
- BreadthAt least half the Nifty 500 above their 200-day average49%Not met
- FearIndia VIX below its 70th percentile77th percentileNot met
- DepthNifty 50 within 10% of its record close−9.9%▲ newMet
- MomentumNifty 50 up over one month−2.7%Not met
Changed since last week: depth now met.
The index
Nifty 50 close
23,719
+0.3% on the week
From its record
−9.9%
India VIX
17.91
77th percentile so far
Breadth
Nifty 500 above 200-day
49%
up 1 pts on the week
All 2,103 stocks
36%
Large caps
50%
Small caps
50%
Fresh extremes
Crossings
▲ 83 crossed above the 200-day average
▽ 68 crossed below it
Against the 50-day average: 153 crossed above, 196 below.
Rotation
Breadth rose most
- Forest Materials26% above▲ +5 pts
- Media19% above▲ +4 pts
- Services32% above▲ +4 pts
Breadth fell most
- Power46% above▽ −6 pts
- Metals57% above▽ −3 pts
- Textiles36% above▽ −2 pts
Changed quadrant on the orbit map
- HealthcareWeakening → Leading
- ConstructionLeading → Lagging
- MediaLagging → Improving
Leaders
60 leaders · +44 joined · −44 left
Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.
Joined