Log · week of 31 Aug – 4 Sep 2026
Mixed holds.
Nifty 500 breadth 58%, down 3 points. Nifty 50 −1.1% on the week.
The five conditions
- TrendNifty 50 above its 200-day average−2.9%Not met
- BreadthAt least half the Nifty 500 above their 200-day average58%Met
- FearIndia VIX below its 70th percentile5th percentileMet
- DepthNifty 50 within 10% of its record close−9.2%Met
- MomentumNifty 50 up over one month−3.0%Not met
No condition changed since last week.
The index
Nifty 50 close
23,898
−1.1% on the week
From its record
−9.2%
India VIX
10.68
5th percentile so far
Breadth
Nifty 500 above 200-day
58%
down 3 pts on the week
All 2,165 stocks
53%
Large caps
54%
Small caps
63%
Fresh extremes
▲ 211 new 52-week highs
Crossings
▲ 60 crossed above the 200-day average
▽ 80 crossed below it
Against the 50-day average: 148 crossed above, 167 below.
Rotation
Breadth rose most
- Forest Materials53% above▲ +21 pts
- Utilities100% above▲ +20 pts
- Consumer svcs44% above▲ +3 pts
Breadth fell most
- Cement18% above▽ −9 pts
- Auto68% above▽ −5 pts
- IT38% above▽ −5 pts
Changed quadrant on the orbit map
- HealthcareWeakening → Leading
- TelecomLagging → Improving
- Consumer svcsWeakening → Lagging
- TextilesLagging → Improving
Leaders
60 leaders · +45 joined · −45 left
Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.
Joined