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Daily market wrap · Monday, 22 June 2026
~2 min read

Nifty +0.4%; Utilities & Energy lead, 228 new highs

Stage-2 cohort at 32% and widening; MSTC, Nocil and Themis Medicare among the day's standouts
Stage2Stocks Market Desk
Nifty 50
24,103
+0.4% on the day
Regime
Weak but recovering
15th day · neutral-to-up
Breadth
43%
above 200-DMA · narrow
Adv / Dec
1,367 / 853
advancers ahead
52w highs / lows
228 / 35
net +193
Stage-2 share
32%
cohort widening

Nifty 50 closed at 24,102.9, up 0.4%, still below its 200-day average and 8.4% off its 52-week high. The regime reads weak but recovering, now into a 15th consecutive session of that read, with the near-term bias neutral-to-up. Breadth is narrow but improving — advancers led decliners 1,367 to 853, 228 stocks printed fresh 52-week highs against just 35 new lows, and 24 golden crosses fired versus one death cross. The Stage-2 advancing cohort stands at 32% of the NSE universe and has widened by 22 over the last 60 days, with 92 stocks crossing from Stage 1 into Stage 2 over the past five sessions against only 10 moving the other way.

Sector rotation: Utilities and Energy on top today, Industrials still the 3-month anchor

Utilities led all sectors on the day at +1.2%, followed by Energy at +1.1% and Health Care at +0.9%. Zoom out and the picture shifts: Industrials has returned 8.5% over the past month and 26.9% over three months, the strongest 3-month read on the board by a wide margin. Health Care and Communication Services sit second and third on the 3-month table at +16.4% and +16.3% respectively. Energy, despite today's session, is the 3-month laggard at -3.9%. The sectors where the Stage-2 cohort is expanding fastest right now are Materials, Health Care and Financials — all three have seen meaningful net additions to their advancing pools over the past 20 days.

Standout movers and fresh breakouts on the screener

The highest-volume surge of the session came from Nocil Ltd in Materials, up 20% on volume running at more than 40 times its average — an extreme reading that the screener flags for attention. Themis Medicare in Health Care rose 15.4% on volume 62 times normal. Kirloskar Oil Engines and EMS Ltd, both in Industrials, each cleared 16–20% on elevated volume. On the breakout screen, MSTC Ltd (Industrials, setup score 9.2) is the top-ranked fresh breakout of the session and also appears in the sustained-setups list, suggesting the base has been building for some time. Shemaroo Entertainment (Communication Services, 8.8) and Lotus Eye Hospital and Institute (Health Care, 8.3) also cleared the screen today. Among sustained setups holding the cleanest structures, Thangamayil Jewellery (Consumer Discretionary, 9.7), Paras Defence and Space Technologies (Industrials, 9.6) and Nupur Recyclers (Materials, 9.4) remain at the top of that ranking. The full breakout and fresh-transition tables are below.

Leading Stage-2 setups
StockSectorSetup% 1D
MSTC LtdIndustrials9.2-0.4%
Shemaroo Entertainment LtdCommunication Services8.8+5.7%
Lotus Eye Hospital and Institute LtdHealth Care8.3-0.3%
Electrotherm (India) LtdMaterials8.2-2.0%
Procter & Gamble Health LtdHealth Care7.8+1.0%
GKW LtdIndustrials7.3+0.0%
Crest Ventures LtdFinancials6.9+0.6%
Olectra Greentech LtdIndustrials6.8+0.2%
Sector performance — cap-weighted, ranked by today’s move
Sector1D1M3MRSStage 2
Utilities+1.2%+4.8%+10.9%6528%
Energy+1.1%-2.0%-3.9%5939%
Health Care+0.9%+1.8%+16.4%7043%
Industrials+0.7%+8.5%+26.9%7135%
Financials+0.6%+3.7%+4.2%6132%
Information Technology+0.5%-1.5%+4.1%3422%
Consumer Discretionary+0.4%+4.3%+12.2%6729%
Real Estate+0.4%+4.0%+14.1%3819%
Materials+0.4%+0.4%+12.0%7037%
Communication Services+0.4%+4.4%+16.3%6516%
Consumer Staples-0.2%-0.6%+6.6%5538%
Breadth note
228 stocks are at or near new 52-week highs today — broad participation.
Work the same data live: open the full stock screener, watch the live market dashboard, or check the market-timing regime read. New to the method? Start with the four stages.

Stage2Stocks is an educational stage-analysis screener. These wraps describe what the screen shows across NSE cash equities — they are not investment advice, recommendations, or buy/sell calls. Always do your own research.

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