Log · week of 19–23 Oct 2026
Risk-off holds.
Nifty 500 breadth 28%, down 15 points. Nifty 50 −2.4% on the week.
The five conditions
- TrendNifty 50 above its 200-day average−6.4%Not met
- BreadthAt least half the Nifty 500 above their 200-day average28%Not met
- FearIndia VIX below its 70th percentile73rd percentile▽ newNot met
- DepthNifty 50 within 10% of its record close−14.2%Not met
- MomentumNifty 50 up over one month−3.6%Not met
Changed since last week: fear no longer met.
The index
Nifty 50 close
22,600
−2.4% on the week
From its record
−14.2%
India VIX
16.86
73rd percentile so far
Breadth
Nifty 500 above 200-day
28%
down 15 pts on the week
All 2,183 stocks
31%
Large caps
21%
Small caps
33%
Fresh extremes
▲ 44 new 52-week highs
Crossings
▲ 13 crossed above the 200-day average
▽ 325 crossed below it
Against the 50-day average: 23 crossed above, 417 below.
Rotation
Breadth fell most
- Forest Materials21% above▽ −32 pts
- Auto29% above▽ −22 pts
- FMCG22% above▽ −17 pts
Changed quadrant on the orbit map
- MetalsLeading → Weakening
- ServicesImproving → Leading
- CementLagging → Improving
- ITImproving → Leading
- RealtyImproving → Leading
Leaders
34 leaders · +7 joined · −111 left
Above both averages and within 5% of the 52-week high. A description of where prices sat, not a selection.