The week ending 3 July was a genuine improvement, not a head-fake. Nifty 50 added 0.9% to close at 24,270.8, and more importantly the share of stocks above their 200-day average climbed from 41% to 44% across the five sessions — breadth widening alongside the index, not lagging it. The Stage-2 cohort grew by 31 names to 786 stocks, 35.1% of the market, and 52 stocks crossed from Stage 1 into Stage 2 against only 24 moving the other way into Stage 3, a net inflow of 28. The regime classification flipped from "weak but recovering" — where it had sat all week — to "bull rising" by Thursday's close. The index is still below its 200-day average and 7.8% off its 52-week high, so this is a recovery in progress, not a clean breakout.
How the week built
Monday and Tuesday were soft — the index dipped, advancers were badly outnumbered, and net new highs were running at 72–80. The turn came Wednesday: advancers swamped decliners 1,271 to 941, net new highs jumped to 109, and the Stage-2 share ticked up. Thursday and Friday extended that, with net new highs reaching 158 and then 145 and the 200-day breadth measure settling at 44%. That sequence — index, breadth and new-high leadership moving higher together across the back half of the week — is what the trajectory classification calls a broad advance, and it earns that label. The week closed with 193 stocks at fresh 52-week highs against 48 at new lows.
Friday's session was the one blemish in the final read: decliners edged advancers 1,137 to 1,073 even as the index added 0.4%. A single day of that after four sessions of improving internals is noise, not a reversal signal — but it is a reminder that the recovery is still narrow enough to wobble.
Sector picture and what cleared the screen
Real Estate led the week at +7.2%, extending what is now a 36.6% three-month run — the strongest sector on every time frame in the brief. Health Care added 3.2% on the week and Communication Services 2.9%. Utilities and Industrials were the only weekly laggards, down 0.7% and 0.5% respectively, though Industrials' three-month return of 29.4% means one soft week does not change its standing. On the Stage-2 expansion measure, Health Care, Financials and Materials are where the advancing cohort is widening fastest over the last 20 days — that aligns with Health Care's one-month and three-month leadership and with Financials' one-month return of 7.7%.
Among the week's Stage 1→2 transitions that cleared the screen, Beta Drugs — Health Care, setup score 9.4 — is the highest-quality new entry, sitting squarely in the sector with the fastest-expanding Stage-2 cohort. Hindustan Media Ventures from Communication Services scored 8.8, consistent with that sector's weekly leadership. Kirloskar Industries, Jash Engineering and Nelco all scored 8.4 across Financials, Industrials and IT respectively. On the sustained-setup side, S.P. Apparels and MSTC both carry a 9.4 score, with Va Tech Wabag and IND Swift Laboratories at 9.2. These are what the screen is surfacing after a week of genuine internal improvement — the backdrop is better than it was Monday morning, but with the index still sub-200-day, the bar for follow-through remains higher than the setup scores alone suggest.
| Stock | Sector | Move | Setup |
|---|---|---|---|
| Beta Drugs Ltd | Health Care | 1→2 | 9.4 |
| Hindustan Media Ventures Ltd | Communication Services | 1→2 | 8.8 |
| Kirloskar Industries Ltd | Financials | 1→2 | 8.4 |
| Jash Engineering Ltd | Industrials | 1→2 | 8.4 |
| Nelco Ltd | Information Technology | 1→2 | 8.4 |
| Greaves Cotton Ltd | Industrials | 1→2 | 8.0 |
| NACL Industries Ltd | Materials | 1→2 | 7.8 |
| India Nippon Electricals Ltd | Consumer Discretionary | 1→2 | 7.8 |
| Stock | Sector | Setup | RS |
|---|---|---|---|
| S.P.Apparels Ltd | Consumer Discretionary | 9.4 | 85 |
| MSTC Ltd | Industrials | 9.4 | 88 |
| Shiv Aum Steels Ltd | Industrials | 9.3 | 91 |
| Va Tech Wabag Ltd | Utilities | 9.2 | 88 |
| IND Swift Laboratories Ltd | Health Care | 9.2 | 96 |
| Beta Drugs Ltd | Health Care | 9.0 | 78 |
| Pearl Global Industries Ltd | Consumer Discretionary | 9.0 | 87 |
| Xpro India Ltd | Materials | 9.0 | 79 |
| Sector | 1D | 1M | 3M | RS | Stage 2 |
|---|---|---|---|---|---|
| Real Estate | +2.2% | +14.3% | +36.6% | 44 | 19% |
| Information Technology | +1.4% | -3.5% | +6.2% | 33 | 26% |
| Health Care | +1.3% | +7.7% | +22.9% | 73 | 47% |
| Communication Services | +0.8% | +4.1% | +20.1% | 60 | 19% |
| Materials | +0.5% | -1.0% | +16.4% | 68 | 40% |
| Energy | +0.2% | +0.1% | -2.3% | 54 | 36% |
| Financials | +0.1% | +7.7% | +14.0% | 60 | 35% |
| Consumer Staples | +0.0% | +4.4% | +13.3% | 56 | 36% |
| Consumer Discretionary | -0.5% | +4.6% | +18.5% | 65 | 33% |
| Utilities | -0.9% | -0.3% | +11.2% | 63 | 30% |
| Industrials | -1.1% | +4.9% | +29.4% | 68 | 38% |
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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