Weekend Market Review — India & Global

Nifty 50

24,252.00

Latest Nifty signal proxy

Nifty VIX

11.20

Volatility remains subdued

FII 5D

₹-1,601.7 cr

Today ₹-542.7 cr

DII 5D

₹17,316.3 cr

Today ₹2,124.1 cr

Breadth

-5,571

1307 adv / 1326 dec

Coverage

2,877

241,825 stock rows across 2026-03-30 → 2026-08-21

Weekend view: Weekend review: the market closed the week with a rebound, but not a clean breadth repair. Treat this as a hold-your-best-ideas environment, not a blanket buy-the-dip setup.

Regime snapshot

The market is improving, but not broad. Leadership exists, yet breadth still needs repair before this becomes a clean risk-on phase.

Breadth stressedDII support intactVIX lowCrude firm

What to own

Stay with areas where participation is still visible and momentum has not broken.

IT · 100.0%Defence & Aerospace · 82.4%Auto · 76.5%Banking · 75.0%Realty · 70.0%

What to avoid

Weak breadth and poor follow-through are still the main reason to stay selective.

Energy · 23.7%Commodities · 30.0%FMCG · 26.7%

Week in review

The few facts that matter most heading into next week

What workedIT, banks, auto ancillaries and real-estate pockets remained the best-supported areas by breadth and momentum.

What failed to confirmEnergy, infra, CPSE and commodities stayed below the breadth threshold that would justify broader risk-taking.

LiquidityDII buying continued to stabilize the tape even as FII flows remained mixed to negative on the latest print.

Macro pressureCrude and a firm USDINR remain the most obvious external variables to watch.

Weekly sector rotation

Sector	Index	% > 50DMA	5D Δ	Breadth
IT	NIFTY IT	+100.00%	+0.0%	HEALTHY
Defence & Aerospace	NIFTY IND DEFENCE	+82.40%	-0.9%	HEALTHY
Auto	NIFTY AUTO	+76.50%	-5.9%	HEALTHY
Banking	NIFTY BANK	+75.00%	+8.3%	HEALTHY
Realty	NIFTY REALTY	+70.00%	-10.0%	HEALTHY
Logistics & Transport	NIFTY TRANS LOGIS	+63.30%	-6.7%	HEALTHY
Metal	NIFTY METAL	+62.50%	+0.0%	HEALTHY
Banking - Private	NIFTY PVT BANK	+60.00%	+10.0%	NEUTRAL

Domestic market

Broad index leadership, short-term trend, and what the tape is actually doing

Index	Close	1D	5D	1M	3M
IT	30,532.25	-0.46%	-2.63%	+7.00%	+5.60%
Auto	29,124.60	-0.60%	-0.29%	+5.83%	+11.94%
Metal	13,172.60	+0.86%	+1.78%	+5.64%	-0.75%
Smallcap 250	18,414.45	+0.41%	+0.74%	+4.32%	+9.77%
PSU Bank	8,620.00	+0.04%	-1.36%	+3.88%	+7.67%
Midcap 100	63,735.75	+0.10%	-0.07%	+3.32%	+3.82%
Midcap 150	23,407.70	+0.08%	-0.05%	+3.09%	+4.01%
Realty	911.60	+0.40%	+1.78%	+2.81%	+17.72%
Pharma	26,359.75	-0.21%	-0.32%	+2.75%	+7.27%
Nifty 500	23,530.30	+0.07%	-0.27%	+2.38%	+3.88%

Nifty 50

Latest trend over the last 20 sessions

Nifty Bank

Financials are still a key stabilizer

Nifty IT

The clearest multi-week leadership pocket

Sector leadership and breadth

Where the market has participation, and where it does not

Strongest sectors

NIFTY IT · 5D +0.0 pts

+100.00%

Defence & Aerospace

NIFTY IND DEFENCE · 5D -0.9 pts

+82.40%

Auto

NIFTY AUTO · 5D -5.9 pts

+76.50%

Banking

NIFTY BANK · 5D +8.3 pts

+75.00%

Realty

NIFTY REALTY · 5D -10.0 pts

+70.00%

Logistics & Transport

NIFTY TRANS LOGIS · 5D -6.7 pts

+63.30%

Metal

NIFTY METAL · 5D +0.0 pts

+62.50%

Banking - Private

NIFTY PVT BANK · 5D +10.0 pts

+60.00%

EV & Auto Ancillaries

NIFTY EV · 5D -8.6 pts

+57.10%

Financial Services

NIFTY FINSEREXBNK · 5D +3.4 pts

+56.70%

Weakest sectors

Commodities

NIFTY COMMODITIES · 5D -3.3 pts

+30.00%

Infrastructure

NIFTY INFRA · 5D -10.0 pts

+30.00%

PSU / CPSE

NIFTY CPSE · 5D +0.0 pts

+27.30%

FMCG

NIFTY FMCG · 5D -13.3 pts

+26.70%

PSU / CPSE

NIFTY PSE · 5D -10.0 pts

+25.00%

Energy

NIFTY ENERGY · 5D -14.8 pts

+23.70%

Sector	Index	% > 50DMA	5D Δ	Breadth	Alert
IT	NIFTY IT	+100.00%	+0.0%	HEALTHY	NONE
Defence & Aerospace	NIFTY IND DEFENCE	+82.40%	-0.9%	HEALTHY	NONE
Auto	NIFTY AUTO	+76.50%	-5.9%	HEALTHY	NONE
Banking	NIFTY BANK	+75.00%	+8.3%	HEALTHY	NONE
Realty	NIFTY REALTY	+70.00%	-10.0%	HEALTHY	BEARISH_DIV
Logistics & Transport	NIFTY TRANS LOGIS	+63.30%	-6.7%	HEALTHY	NONE
Metal	NIFTY METAL	+62.50%	+0.0%	HEALTHY	NONE
Banking - Private	NIFTY PVT BANK	+60.00%	+10.0%	NEUTRAL	NONE
EV & Auto Ancillaries	NIFTY EV	+57.10%	-8.6%	NEUTRAL	NONE
Financial Services	NIFTY FINSEREXBNK	+56.70%	+3.4%	NEUTRAL	NONE
Financial Services	NIFTY FIN SERVICE	+55.00%	+10.0%	NEUTRAL	NONE
Consumption & Discretionary	NIFTY CONSUMPTION	+50.00%	-10.0%	NEUTRAL	NONE

Global context

Global risk, dollar, crude, gold and currencies

Gold

4,624.10

1D +2.39% · 5D +5.56% · 20D +13.68%

Copper

6.58

1D +1.85% · 5D -0.30% · 20D +4.11%

Hang Seng

26,009.46

1D +1.21% · 5D +3.55% · 20D +4.19%

S&P 500

7,674.37

1D +0.43% · 5D -1.43% · 20D +3.54%

Nasdaq

26,180.46

1D +0.43% · 5D -2.05% · 20D +4.82%

USDINR

95.71

1D -0.06% · 5D +0.27% · 20D -0.89%

Gold

5D +5.56% · 20D +13.68%

+2.39%

Copper

5D -0.30% · 20D +4.11%

+1.85%

Hang Seng

5D +3.55% · 20D +4.19%

+1.21%

S&P 500

5D -1.43% · 20D +3.54%

+0.43%

Nasdaq

5D -2.05% · 20D +4.82%

+0.43%

USDINR

5D +0.27% · 20D -0.89%

-0.06%

DXY

5D -0.87% · 20D -2.63%

-0.10%

Nikkei 225

5D -3.93% · 20D -0.61%

-0.30%

Crude Oil

5D +5.66% · 20D -2.52%

-0.88%

Asset	Latest	1D	5D	20D
Gold	4,624.10	+2.39%	+5.56%	+13.68%
Copper	6.58	+1.85%	-0.30%	+4.11%
Hang Seng	26,009.46	+1.21%	+3.55%	+4.19%
S&P 500	7,674.37	+0.43%	-1.43%	+3.54%
Nasdaq	26,180.46	+0.43%	-2.05%	+4.82%
USDINR	95.71	-0.06%	+0.27%	-0.89%
DXY	98.80	-0.10%	-0.87%	-2.63%
Nikkei 225	66,016.36	-0.30%	-3.93%	-0.61%
Crude Oil	87.06	-0.88%	+5.66%	-2.52%

Global read-through

US tech and risk assets are softer; oil remains the main variable

AP’s latest market wrap showed the S&P 500 and Nasdaq losing ground on Aug 20. That matters for India because it keeps pressure on high-multiple cyclicals and supports a selective rather than indiscriminate risk-on stance.

AP market wrap

FX / commodities

USDINR is firm and Brent is elevated

That combination is usually uncomfortable for import-heavy sectors and rate-sensitive names, while it can support selected exporters and commodity-linked trades only if price action confirms.

NSE market snapshot

Flows, liquidity and market regime

Who is buying, who is selling, and what that means for the next few sessions

FII / DII flow

₹-542.7 cr / ₹2,124.1 cr

5D: ₹-1,601.7 cr / ₹17,316.3 cr

InterpretationDII buying remains a stabilizer

Macro watchHigh crude plus fragile global tech can cap a broad market melt-up even if DIIs continue to absorb supply.

FII today

Cash market

₹-542.7 cr

DII today

Cash market

₹2,124.1 cr

FII 5D

Window

₹-1,601.7 cr

DII 5D

Window

₹17,316.3 cr

Event radar

How much fresh event risk is in the system

Latest results and event calendar

What has just hit the tape, what is upcoming, and what should be watched

Latest financial results on NSE

Symbol	Period / Date	Purpose	Detail
No recent result rows in local event cache.

Source cross-check: NSE corporate filings page currently lists KANANIIND, VSTTILLERS, IL&FSTRANS and VIDEOIND among the latest financial results.

Upcoming results / board events

Symbol	Date	Purpose	Source
ARDEE	2026-08-25	Financial Results	NSE_EVENT_CALENDAR
MVELECTRO	2026-08-25	Financial Results	NSE_EVENT_CALENDAR
STCINDIA	2026-08-25	Financial Results	NSE_EVENT_CALENDAR
SIMBHALS	2026-08-26	Financial Results	NSE_EVENT_CALENDAR
JNPR	2026-08-26	Financial Results	NSE_EVENT_CALENDAR
VIKASECO	2026-08-26	Financial Results/Other business matters	NSE_EVENT_CALENDAR
MILKYMIST	2026-08-31	Financial Results	NSE_EVENT_CALENDAR

Symbol	Date	Purpose	Source
DHRUV	2026-08-24	Other business matters	NSE_EVENT_CALENDAR
GABRIEL	2026-08-24	Fund Raising	NSE_EVENT_CALENDAR
PIRAMALFIN	2026-08-24	Fund Raising	NSE_EVENT_CALENDAR
UCOBANK	2026-08-24	Fund Raising	NSE_EVENT_CALENDAR
HMAAGRO	2026-08-25	Other business matters	NSE_EVENT_CALENDAR
FEDFINA	2026-08-25	Fund Raising	NSE_EVENT_CALENDAR

Symbol	Date	Event type	Source
No recent corporate actions in local event cache.

Latest headlines that explain the tape

Short, current market notes that connect the data to the price action

Domestic

Aug 20 rebound snapped a seven-session losing streak

Nifty rose 0.64% and Sensex 0.82%; breadth turned positive, but midcaps and smallcaps were still weaker on the day. Realty led while PSU Bank lagged.

Source

Live

Aug 21 open turned choppy as crude and geopolitics stayed in focus

Nifty slipped back below 24,250 after a green open; broad markets held up better, and VIX stayed below 11 in the ET morning note.

Source

Global

US equities were weak overnight

AP reported a down session for the S&P 500 and Nasdaq on Aug 20, with global risk sentiment pressured by yields and oil.

Source

Flows

FIIs rotated into financials and select cyclicals

ET’s August flow note highlighted buying in financials, automobiles, and consumer services, with selling in telecom, capital goods, power, and real estate.

Source

Global correlation watch

Which outside moves currently matter most for Indian risk appetite

Asset	Price	30D Corr	60D Corr	Change	Signal
Gold	4,624.10	-0.105	+0.210	-0.314	DECOUPLING
USDINR	95.71	-0.415	+0.041	-0.456	DECOUPLING
Hang Seng	26,009.46	+0.277	+0.114	+0.164	STABLE
Nikkei 225	66,016.36	+0.248	+0.327	-0.079	STABLE
Copper	6.58	+0.115	+0.240	-0.125	STABLE
Nasdaq	26,180.46	+0.094	+0.100	-0.006	STABLE
S&P 500	7,674.37	+0.029	+0.152	-0.123	STABLE
DXY	98.80	+0.003	-0.053	+0.056	STABLE
Crude Oil	87.06	-0.170	-0.333	+0.164	STABLE

Current signals to watch

What would change the base case next week

Breadth repairNeed multiple sessions of improving advance/decline and a rising summation line to call this a broader risk-on phase.

Crude shockBrent staying elevated or moving higher would keep pressure on cyclicals, rates and the currency.

Leadership failureIf IT, banks and auto ancillaries roll over together, the market likely loses its current support pillars.

DII absorptionPersistent domestic buying can keep the market constructive even if FIIs remain mixed or sellers on a day-to-day basis.

Source trail

Direct links used to anchor the report

NSE index performance NSE corporate filings NSE event calendar NSE sectoral indices NSE market snapshot Economic Times market wrap Economic Times opening note Economic Times FII flows AP global market wrap Mint results calendar