Skip to main content

Weekly wrap: Nifty +0.3%, Stage-2 cohort adds 25 names

IT and Real Estate led the week; 28 fresh Stage-1→2 transitions cleared the screen against 18 exits

Friday, 22 May 20262 min readStage2Stocks Market Desk

Nifty 50
23,719
+0.3% on the week
Market
Early Recovery
13 sessions in this state
Breadth
32%
above 200-DMA · widened from 32%
Stage 1→2 (wk)
28
net +10 vs 2→3
52w highs / lows
126 / 46
net +80
Stage-2 share
17%
+25 stocks this week

Nifty 50 ended the week at 23,719.3, up 0.3% across the five sessions, though it remains below its 200-day average and 9.9% off its 52-week high — the recovery is real but the index has not reclaimed its longer-term trend line. The Stage-2 advancing cohort grew by 25 names over the week to 375 stocks, now 16.8% of the market, with the 20-day trend still widening. Breadth edged forward — the share of stocks above their 200-day average moved from 31.6% to 32.1% — a modest but directionally consistent shift. The tape is in an early recovery, near-term turning, and the week's internal flow supports that read without overstating it.

How the week shaped up

Information Technology led all sectors with a 3.5% weekly gain, a notable reversal given it remains one of the two worst performers over the past three months (down 6.5%). Real Estate added 2.2% and Energy 1.2% to round out the week's top three. Consumer Staples was the only sector to close lower, slipping 1.2%, while Communication Services was flat. The 52-week high/low count closed the week constructively: 126 stocks printed fresh annual highs against 46 at new lows, a net of plus 80. Seven golden crosses formed across the week against two death crosses — a small but positive structural signal in a market where only 32% of stocks are above their 200-day average.

Stage-2 flow and the week's transitions

Twenty-eight stocks moved from Stage 1 (basing) into Stage 2 (advancing) across the five sessions, against 18 moving from Stage 2 into Stage 3 (topping) — a net inflow of ten names into the advancing cohort. Among the highest-scoring new entries, McLeod Russel India and Radico Khaitan both cleared the screen with setup scores of 8.8, joined by NRB Bearings at 8.7 and Triveni Turbine at 8.2. Talbros Automotive Components, which also appears in this week's fresh breakout list with a score of 8.2, made the Stage-1-to-2 transition during the week. On the breakout screen, Gala Precision Engineering (Industrials, 7.0) and Mufin Green Finance (Financials, 6.7) are among the names that cleared. The sustained-setup screen — stocks already in Stage 2 holding clean bases — shows several Information Technology names, including Black Box, Avalon Technologies and Dynacons Systems and Solutions, all carrying scores of 9.4. The sectors where the Stage-2 cohort has been expanding fastest over the past 20 days are Consumer Staples, Industrials and Materials, even as Consumer Staples lagged on price this week — a divergence worth watching in the sessions ahead. Health Care and Industrials remain the standout performers over both the one-month and three-month windows, providing the deeper structural backdrop to this week's early-recovery read.

This week's stage transitions
StockSectorMoveSetup
McLeod Russel India LtdConsumer Staples1→28.8
Radico Khaitan LtdConsumer Staples1→28.8
NRB Bearings LtdIndustrials1→28.7
Kernex Microsystems (India) LtdInformation Technology1→28.4
Triveni Turbine LtdIndustrials1→28.2
Talbros Automotive Components LtdConsumer Discretionary1→28.2
Carborundum Universal LtdIndustrials1→28.2
Marksans Pharma LtdHealth Care1→27.9
Sustained Stage-2 setups (score ≥ 7)
StockSectorSetupRS
Black Box LtdInformation Technology9.497
Sheetal Cool Products LtdConsumer Staples9.488
Welspun Investments and Commercials LtdFinancials9.497
Avalon Technologies LtdInformation Technology9.493
Dynacons Systems and Solutions LtdInformation Technology9.491
Stylam Industries LtdIndustrials9.392
Mangalam Worldwide LtdMaterials9.297
Wheels India LtdConsumer Discretionary9.297
Sector performance — cap-weighted, ranked by today’s move
Sector1D1M3MRSStage 2
Financials+0.8%-4.2%-7.6%6115%
Materials+0.3%+0.8%+5.9%7117%
Industrials+0.3%+2.6%+9.9%6720%
Consumer Staples+0.2%-2.0%-0.2%5425%
Consumer Discretionary+0.2%-2.2%-2.2%6314%
Real Estate-0.0%-1.6%-6.5%454%
Utilities-0.1%-1.2%+7.1%6318%
Energy-0.1%-0.5%-4.7%6125%
Information Technology-0.3%-3.9%-6.5%3711%
Communication Services-0.3%+4.1%-2.1%659%
Health Care-1.0%+8.8%+11.0%7124%
Share of NSE stocks in Stage 2Nov 2025 – May 2026 · weekly
0%10%20%30%40%50%60%70%Jan 26Nifty 50Stocks in Stage 2Latest: 17%
The share of NSE stocks in Stage 2 over the six months to this wrap, with the Nifty's shape above it — the market underneath the day's numbers. Source: Stage2Stocks classification of every NSE stock with enough history, each week.
Try it on Stage2StocksHow to read this chart Lesson 3 of the course: why the Nifty isn't the market, and what the share of stocks in Stage 2 tells you.

Work the same data live: open the full stock screener, watch the live market dashboard, or check the market-timing 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.

All market wraps →