Daily market report
Friday, 25 September 2026
Downtrend (day 2) · breadth steady · Sugar & Ethanol leading · 1 industry 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
20,905
10 EMA
21,061
20 EMA
21,162
Last 30 sessions
Market mood
Caution25/100
Nifty 50
+0.34%
Nifty 500 (Broad)
-0.09%
Market breadth
Advancers vs decliners
Advancing
1058
Declining
1032
A/D Ratio
1.03
Unchanged
78
New 52W highs
45
vs
New 52W lows
58
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
38%
▲ 2.6 pts
EMA 50
40%
▲ 0.7 pts
EMA 200
48%
▼ 0.7 pts
% above the 50 EMA, last 20 sessions — breadth steady
Industries
Weak Industries
38
of 66
🔄 Changes since the last session
▲ Turned Strong (1)
▼ 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.
📅 The week in one card
Compared with Friday, 18 September 2026
Market direction
Uptrend try → Downtrend
% above 50 EMA
43% → 40% (-3 pts)
Strong industries
2 → 4 (+2)
📖 Learn for today’s market
Swing trading basics — risk first →
In a downtrend, the best trade is often no trade.

Free PDF · Learn the process first
📘 NEXT Swing Trading Playbook
Market → industries → 3 focused scans, explained with charts and printable checklists. Free, in one PDF.
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