Daily brief
21 Jul 2026
Rotational market. Money shifting between sectors. Breadth at 59%.
Nifty 50
24,188
-0.6%
Breadth
59%
above 50D
VIX
15.0
contained
Net flows
₹45,351 Cr
20 days
Summary
Indian equity markets are in a rotational regime (68% confidence). Rotational market. Money shifting between sectors. Breadth at 59%.
Foreign investors (FIIs) recorded a net inflow of ₹892 Cr over 14 sessions. Domestic institutions (DIIs) were net buyers at ₹44,459 Cr. Combined net flow: ₹45,351 Cr in. Breadth is 59% above the 50-day average (moderate).
Sector leadership sits in Nifty Private Bank, Nifty Auto, Nifty IT, with Nifty Realty and Nifty Metal 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 59%.
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)
₹892 Cr
DII (20d)
₹44,459 Cr
Net
₹45,351 Cr
Sectors
Leaders
- 1Nifty Private Bank
- 2Nifty Auto
- 3Nifty IT
Laggards
- 1Nifty Realty
- 2Nifty Metal
Nifty 24,187.699 (-0.6%) · VIX 15
Historical context
Closest historical setups and their 14-day outcomes.
02 Jul 2026
Nifty 24,176 · VIX 12.3
0.0% in 14d
17 Apr 2023
Nifty 17,707 · VIX 12.3
+3.1% in 14d
15 Mar 2018
Nifty 10,360 · VIX 14.3
-0.3% in 14d
Outlook
Neutral, stock selection matters
Triggers to watch:
- New sector leader emerges
- Breadth above 50%
- Clear FII direction
Watch tomorrow
Check tomorrow's FII/DII provisional data at 4 PM IST for early flow direction.
