Daily brief
02 Aug 2026
Rotational market. Money shifting between sectors. Breadth at 61%.
Nifty 50
24,384
+0.6%
Breadth
61%
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 61%.
Foreign investors (FIIs) recorded a net inflow of ₹892 Cr over 5 sessions. Domestic institutions (DIIs) were net buyers at ₹44,459 Cr. Combined net flow: ₹45,351 Cr in. Breadth is 61% above the 50-day average (healthy).
Sector leadership sits in Nifty IT, Nifty Pharma, Nifty Private Bank, 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 61%.
Leadership shifts between sectors without a dominant theme. Stock and sector selection matter more than index direction.
Classifier confidence: 68%
Breadth
Healthy participation · trend: moderate
Institutional flows
FII (20d)
₹892 Cr
DII (20d)
₹44,459 Cr
Net
₹45,351 Cr
Sectors
Leaders
- 1Nifty IT
- 2Nifty Pharma
- 3Nifty Private Bank
Laggards
- 1Nifty Realty
- 2Nifty Metal
Nifty 24,383.6 (+0.6%) · VIX 15
Historical context
Closest historical setups and their 14-day outcomes.
03 Apr 2023
Nifty 17,398 · VIX 12.6
+2.4% in 14d
03 Mar 2023
Nifty 17,594 · VIX 12.2
-3.7% in 14d
22 Feb 2017
Nifty 8,927 · VIX 13.7
+2.5% in 14d
Outlook
Neutral, stock selection matters
Triggers to watch:
- New sector leader emerges
- Breadth above 50%
- Clear FII direction
Watch tomorrow
Breadth healthy at 61%. Watch if it drops below 50% — first sign of deterioration.
Check tomorrow's FII/DII provisional data at 4 PM IST for early flow direction.
