Log · week of 27–31 Jul 2026
Conditions turn Risk-on.
Nifty 500 breadth 60%, up 5 points. Nifty 50 +2.6% on the week.
The five conditions
- TrendNifty 50 above its 200-day average−1.6%Not met
- BreadthAt least half the Nifty 500 above their 200-day average60%Met
- FearIndia VIX below its 70th percentile18th percentileMet
- DepthNifty 50 within 10% of its record close−7.4%Met
- MomentumNifty 50 up over one month+1.6%▲ newMet
Changed since last week: momentum now met.
The index
Nifty 50 close
24,384
+2.6% on the week
From its record
−7.4%
India VIX
11.76
18th percentile so far
Breadth
Nifty 500 above 200-day
60%
up 5 pts on the week
All 2,154 stocks
49%
Large caps
58%
Small caps
60%
Fresh extremes
Crossings
▲ 108 crossed above the 200-day average
▽ 42 crossed below it
Against the 50-day average: 184 crossed above, 147 below.
Rotation
Breadth rose most
- Auto72% above▲ +10 pts
- IT41% above▲ +7 pts
- Chemicals54% above▲ +6 pts
Breadth fell most
- Cement27% above▽ −3 pts
- Energy61% above▽ −2 pts
- Capital goods56% above▽ −0 pts
Changed quadrant on the orbit map
- ServicesLeading → Weakening
- TelecomWeakening → Lagging
- EnergyImproving → Leading
- Consumer svcsLeading → Lagging
- TextilesImproving → Lagging
- UtilitiesLeading → Weakening
Leaders
60 leaders · +41 joined · −41 left
Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.
Joined