Daily market report

Tuesday, 6 October 2026

Downtrend (day 8) · breadth improving · Specialty Chemicals leading · 2 industries turned Strong

1

Market direction

Nifty MidSmall 400 vs its 10 & 20 EMA

🔴 Confirmed Downtrend

Day 8

Market under pressure — protect capital; few or no new positions.

Index

20,525

10 EMA

20,586

20 EMA

20,774

Last 30 sessions

🔴

Market mood

Bearish21/100

BearishCautionNeutralBullishEuphoria

Nifty 50

+0.98%

Nifty 500 (Broad)

+1.16%

2

Market breadth

Advancers vs decliners

Advancing

1529

Declining

592

A/D Ratio

2.58

Unchanged

61

New 52W highs

52

vs

New 52W lows

41

New highs and lows are roughly balanced.

▲ Top 5 gainers

MOBIKWIKInternet & E-commerce+20.00%
MANIKAPlastics+19.51%
SRITIT Services+19.30%
TAALTECHIT Services+17.61%
BALAMINESSpecialty Chemicals+16.85%

▼ Top 5 losers

VERANDAConsumer Products-86.03%
BLSEInternet & E-commerce-49.58%
KREBSBIOPharma-7.97%
GERMANSteel-7.96%
KANOHARElectrical Equipment-7.62%

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

33%

▲ 10.5 pts

EMA 50

35%

▲ 4.9 pts

EMA 200

45%

▲ 1.4 pts

% above the 50 EMA, last 20 sessions — breadth improving

3

Industries

Weak Industries

44

of 66

🔄 Changes since the last session

▲ Turned Strong (2)

Sugar & EthanolSpecialty Chemicals

▼ Dropped from Strong (0)

No industry dropped from Strong today.

🚀 Top 5 Industries and N.E.X.T Verdictby % change

Specialty ChemicalsStrong+3.56%
Sugar & EthanolStrong+3.02%
Cables & WiresStrong+2.95%
Paints & Coatings+2.72%
Basic Chemicals+2.59%

📉 Top 5 Worst Industries and N.E.X.T Verdictby % change

Consumer ProductsWeak-1.11%
ShippingWeak-0.48%
Banks - PSUWeak-0.07%
Housing Finance-0.04%
Banks - Private+0.05%

The full N.E.X.T Momentum rating for every industry, with rank trends and the momentum cycle, is inside N.E.X.T.

4

The 3 NEXT scans

Today: more Follow Through Swing 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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Market → industries → 3 focused scans, explained with charts and printable checklists. Free, in one PDF.

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