Daily brief
06 Jul 2026
Rotational market. Money shifting between sectors. Breadth at 57%.
Nifty 50
24,430
+0.7%
Breadth
57%
above 50D
VIX
15.0
contained
Net flows
₹40,745 Cr
20 days
Summary
Indian equity markets are in a rotational regime (68% confidence). Rotational market. Money shifting between sectors. Breadth at 57%.
Foreign investors (FIIs) recorded a net outflow of ₹17,766 Cr over 21 sessions. Domestic institutions (DIIs) were net buyers at ₹58,511 Cr. Combined net flow: ₹40,745 Cr in. Breadth is 57% above the 50-day average (moderate).
Sector leadership sits in Nifty Realty, Nifty Auto, Nifty Pharma, with Nifty PSU Bank and Nifty Energy lagging. VIX is 15 (contained). The key question is whether breadth expands beyond current leadership.
Regime
ROTATIONAL
Rotational market. Money shifting between sectors. Breadth at 57%.
Leadership shifts between sectors without a dominant theme. Stock and sector selection matter more than index direction.
Classifier confidence: 68%
Breadth
Moderate participation · trend: moderate
Institutional flows
FII (20d)
-₹17,766 Cr
DII (20d)
₹58,511 Cr
Net
₹40,745 Cr
Sectors
Leaders
- 1Nifty Realty
- 2Nifty Auto
- 3Nifty Pharma
Laggards
- 1Nifty PSU Bank
- 2Nifty Energy
Nifty 24,430.35 (+0.7%) · VIX 15
Historical context
Closest historical setups and their 14-day outcomes.
02 May 2023
Nifty 18,148 · VIX 11.9
+0.9% in 14d
22 Jun 2026
Nifty 24,103 · VIX 12.8
+1.4% in 14d
27 Apr 2017
Nifty 9,342 · VIX 11.1
+0.9% in 14d
Outlook
Neutral, stock selection matters
Triggers to watch:
- New sector leader emerges
- Breadth above 50%
- Clear FII direction
Watch tomorrow
Watch US 10Y yield direction. If yields continue rising, FII selling pressure intensifies.
Check tomorrow's FII/DII provisional data at 4 PM IST for early flow direction.
