Daily market report
Thursday, 24 September 2026
Downtrend (day 1) · breadth weakening · Beverages & Spirits leading · 2 industries turned Strong
Market direction
Nifty MidSmall 400 vs its 10 & 20 EMA
🔴 Confirmed Downtrend
Market under pressure — protect capital; few or no new positions.
Index
20,924
10 EMA
21,099
20 EMA
21,194
Last 30 sessions
Market mood
Bearish23/100
Nifty 50
-1.64%
Nifty 500 (Broad)
-1.79%
Market breadth
Advancers vs decliners
Advancing
423
Declining
1705
A/D Ratio
0.25
Unchanged
40
New 52W highs
44
vs
New 52W lows
45
New highs and lows are roughly balanced.
▲ Top 5 gainers
▼ Top 5 losers
Biggest % moves of the day across the N.E.X.T universe. Market data, not recommendations.
% stocks above key EMAs · vs last session
EMA 20
35%
▼ 14.2 pts
EMA 50
39%
▼ 7.2 pts
EMA 200
49%
▼ 4.5 pts
% above the 50 EMA, last 20 sessions — breadth weakening
Industries
Weak Industries
39
of 66
🔄 Changes since the last session
▲ Turned Strong (2)
▼ Dropped from Strong (0)
No industry dropped from Strong today.
🚀 Top 5 Industries and N.E.X.T Verdictby % change
📉 Top 5 Worst Industries and N.E.X.T Verdictby % change
The full N.E.X.T Momentum rating for every industry, with rank trends and the momentum cycle, is inside N.E.X.T.
The 3 NEXT scans
Today: more Follow Through Swing candidates than usual; fewer IPO Base candidates than usual. The stock lists, with pivots and levels drawn, are inside N.E.X.T. Counts are screening outputs, not recommendations.
📖 Learn for today’s market
Swing trading basics — risk first →
In a downtrend, the best trade is often no trade.
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📘 NEXT Swing Trading Playbook
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