The market closes the week still in an early recovery, a condition that has now held for 13 consecutive days. Nifty 50 finished at 23,719.3, sitting below its 200-day average and 9.9% off its 52-week high — the index itself remains in repair mode. Breadth is narrow but improving: only 32% of stocks trade above their 200-day average, though 67% are above their 50-day, and the net new-high count of 80 on the day is a constructive signal beneath the surface. The near-term read is turning, not yet confirmed.
Sector Leadership: What Three Months of Data Show
Health Care is the standout over both the one-month and three-month windows, returning 8.8% over the past month and 11% over three months — the clearest sustained leadership on the board. Industrials sits alongside it, up 2.6% over one month and 9.9% over three, making it the only sector with consistent top-three placement across both timeframes. Utilities rounds out the three-month podium at +7.1%, while Communication Services has emerged as a one-month contributor at +4.1%.
At the other end, Financials and Information Technology are the three-month laggards, down 7.6% and 6.5% respectively. That context matters when reading today's single-session Financials lead of +0.8% — one day does not reverse a quarter of underperformance.
Stage-2 Expansion: Where the Advancing Cohort Is Building
The share of stocks in a Stage-2 advancing condition stands at 16.8% of the screened universe, and the trend is clearly widening — up 1.1 over five days, 5.7 over twenty, and 4.3 over sixty. Consumer Staples is where the Stage-2 cohort has expanded fastest over the past twenty days, with Industrials and Materials also seeing meaningful broadening in their advancing populations.
The week's transition count reinforces this: 28 stocks moved from a Stage-1 base into a Stage-2 advance against 18 moving from Stage-2 into a Stage-3 top, a net gain of ten. Among the highest-scoring new Stage-2 entries the screen flagged this week are McLeod Russel India, Radico Khaitan, NRB Bearings, Triveni Turbine and Carborundum Universal — the latter three sitting in Industrials, consistent with that sector's multi-month leadership. Marksans Pharma cleared the screen from Health Care, adding to that sector's already strong showing.
Fresh Breakouts and Sustained Setups on the Radar
On the breakout side, Talbros Automotive Components carries the week's highest setup score among fresh entries at 8.2, followed by Gala Precision Engineering from Industrials at 7.0 and Mufin Green Finance at 6.7. I G Petrochemicals and Fine Organic Industries both cleared the screen from Materials, a sector whose Stage-2 cohort has been among the fastest-expanding over twenty days.
Among sustained setups — names that have held clean Stage-2 structure across multiple sessions — Black Box, Avalon Technologies and Dynacons Systems and Solutions from Information Technology, along with Sheetal Cool Products from Consumer Staples and Welspun Investments and Commercials from Financials, all carry setup scores of 9.4. Stylam Industries from Industrials scores 9.3. The full transition and sustained-setup tables appear below.
| Stock | Sector | Move | Setup |
|---|---|---|---|
| McLeod Russel India Ltd | Consumer Staples | 1→2 | 8.8 |
| Radico Khaitan Ltd | Consumer Staples | 1→2 | 8.8 |
| NRB Bearings Ltd | Industrials | 1→2 | 8.7 |
| Kernex Microsystems (India) Ltd | Information Technology | 1→2 | 8.4 |
| Triveni Turbine Ltd | Industrials | 1→2 | 8.2 |
| Talbros Automotive Components Ltd | Consumer Discretionary | 1→2 | 8.2 |
| Carborundum Universal Ltd | Industrials | 1→2 | 8.2 |
| Marksans Pharma Ltd | Health Care | 1→2 | 7.9 |
| Stock | Sector | Setup | RS |
|---|---|---|---|
| Black Box Ltd | Information Technology | 9.4 | 97 |
| Sheetal Cool Products Ltd | Consumer Staples | 9.4 | 88 |
| Welspun Investments and Commercials Ltd | Financials | 9.4 | 97 |
| Avalon Technologies Ltd | Information Technology | 9.4 | 93 |
| Dynacons Systems and Solutions Ltd | Information Technology | 9.4 | 91 |
| Stylam Industries Ltd | Industrials | 9.3 | 92 |
| Mangalam Worldwide Ltd | Materials | 9.2 | 97 |
| Wheels India Ltd | Consumer Discretionary | 9.2 | 97 |
| Sector | 1D | 1M | 3M | RS | Stage 2 |
|---|---|---|---|---|---|
| Financials | +0.8% | -4.2% | -7.6% | 61 | 15% |
| Materials | +0.3% | +0.8% | +5.9% | 71 | 17% |
| Industrials | +0.3% | +2.6% | +9.9% | 67 | 20% |
| Consumer Staples | +0.2% | -2.0% | -0.2% | 54 | 25% |
| Consumer Discretionary | +0.2% | -2.2% | -2.2% | 63 | 14% |
| Real Estate | -0.0% | -1.6% | -6.5% | 45 | 4% |
| Utilities | -0.1% | -1.2% | +7.1% | 63 | 18% |
| Energy | -0.1% | -0.5% | -4.7% | 61 | 25% |
| Information Technology | -0.3% | -3.9% | -6.5% | 37 | 11% |
| Communication Services | -0.3% | +4.1% | -2.1% | 65 | 9% |
| Health Care | -1.0% | +8.8% | +11.0% | 71 | 24% |
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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