Nifty 50 gained 1.7% across the five sessions to close at 24,013.1, though it remains below its 200-day average and 8.8% off its 52-week high — a recovery, not a breakout. The more meaningful shift was under the surface: the share of stocks above their 200-day average widened from 35.2% to 41.3% across the week, and the Stage-2 advancing cohort grew by 96 names to 701 stocks, now 31.3% of the market. Ninety-nine stocks moved from Stage 1 basing into Stage 2 advancing against only 10 moving the other way, a net inflow of 89 — the cleanest weekly transition count in the current recovery. The regime remains weak but recovering, with the near-term read neutral-to-up for a 14th consecutive day.
Sector picture for the week
Industrials led all sectors with a 5.2% weekly gain, extending what is now a 27.8% three-month run — the strongest of any sector over that period. Real Estate added 4.4% and Communication Services 4.2% to round out the week's top three. At the other end, Information Technology managed only 0.7% and Health Care 1.0%, making them the week's relative laggards even as both sectors sit on positive three-month returns. Industrials also holds the strongest one-month return at 8.8%, with Real Estate second at 4.7% and Consumer Discretionary third at 4.5% — a consistent thread across timeframes that the screener's sector rankings reflect.
Looking at where Stage-2 participation is expanding fastest over the past 20 days, Materials, Health Care and Financials are the three sectors seeing the broadest internal improvement. Energy remains the only sector with a negative three-month return, down 4.6%, and has not featured in any of the leadership tables this week.
What cleared the screen this week
Among the week's Stage 1→2 transitions, Minda Corporation Ltd (Consumer Discretionary) posted the highest setup score at 9.2, followed by Nupur Recyclers Ltd (Materials) at 9.0 and Tejas Networks Ltd (Communication Services) at 8.4. OCCL Ltd (Materials, 8.2), Leela Palaces Hotels and Resorts Ltd (Consumer Discretionary, 7.8) and Caplin Point Laboratories Ltd (Health Care, 7.8) also cleared the transition screen with scores above 7.5. LMW Ltd (Industrials, 7.7) and Orchid Pharma Ltd (Health Care, 7.6) complete the week's highest-scoring new Stage-2 entries.
On the sustained-setup side — names already in Stage 2 that have held a clean base — Paras Defence and Space Technologies Ltd (Industrials) leads at 9.6, with Jay Bharat Maruti Ltd (Consumer Discretionary) and Ngl Fine Chem Ltd (Health Care) both at 9.4. Thangamayil Jewellery Ltd, Mangal Credit and Fincorp Ltd, The Ruby Mills Ltd, Nupur Recyclers Ltd and INOX India Ltd all score 9.0 or above. The full transition and sustained-setup tables are below.
| Stock | Sector | Move | Setup |
|---|---|---|---|
| Minda Corporation Ltd | Consumer Discretionary | 1→2 | 9.2 |
| Nupur Recyclers Ltd | Materials | 1→2 | 9.0 |
| Tejas Networks Ltd | Communication Services | 1→2 | 8.4 |
| OCCL Ltd | Materials | 1→2 | 8.2 |
| Leela Palaces Hotels & Resorts Ltd | Consumer Discretionary | 1→2 | 7.8 |
| Caplin Point Laboratories Ltd | Health Care | 1→2 | 7.8 |
| LMW Ltd | Industrials | 1→2 | 7.7 |
| Orchid Pharma Ltd | Health Care | 1→2 | 7.6 |
| Stock | Sector | Setup | RS |
|---|---|---|---|
| Paras Defence and Space Technologies Ltd | Industrials | 9.6 | 95 |
| Jay Bharat Maruti Ltd | Consumer Discretionary | 9.4 | 97 |
| Ngl Fine Chem Ltd | Health Care | 9.4 | 98 |
| Thangamayil Jewellery Ltd | Consumer Discretionary | 9.3 | 98 |
| Mangal Credit and Fincorp Ltd | Financials | 9.2 | 78 |
| The Ruby Mills Ltd | Consumer Discretionary | 9.2 | 91 |
| Nupur Recyclers Ltd | Materials | 9.0 | 55 |
| INOX India Ltd | Industrials | 9.0 | 92 |
| Sector | 1D | 1M | 3M | RS | Stage 2 |
|---|---|---|---|---|---|
| Communication Services | +1.3% | +3.7% | +18.0% | 66 | 15% |
| Industrials | +0.7% | +8.8% | +27.8% | 71 | 33% |
| Health Care | +0.7% | +1.2% | +15.8% | 70 | 42% |
| Utilities | +0.3% | +3.6% | +10.2% | 65 | 26% |
| Consumer Discretionary | +0.2% | +4.5% | +12.9% | 67 | 29% |
| Financials | -0.0% | +3.0% | +4.3% | 61 | 30% |
| Materials | -0.0% | +0.7% | +13.4% | 70 | 37% |
| Consumer Staples | -0.2% | -0.9% | +6.3% | 56 | 37% |
| Real Estate | -0.8% | +4.7% | +15.5% | 39 | 19% |
| Energy | -1.3% | -3.3% | -4.6% | 58 | 39% |
| Information Technology | -2.3% | -1.7% | +3.5% | 35 | 22% |
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.
Nifty flat, internals still climbing — broad advance intact
Fast breadth, net new highs and Stage-2 flow all pushed higher today. The tape is healthier than the index suggests.
Nifty dips, but the internals haven't broken
Fast breadth held, net new highs barely budged — today looks like a pause, not a crack
Nifty +1.6%: broad advance, but still below the 200-day
Fast breadth surged to 53.8%, new highs hit net +127 — the internals backed the move. Context matters though.