Daily market report
Friday, 9 October 2026
Downtrend (day 11) · breadth weakening · IT Hardware leading
Market direction
Nifty MidSmall 400 vs its 10 & 20 EMA
🔴 Confirmed Downtrend
Market under pressure — protect capital; few or no new positions.
Index
20,165
10 EMA
20,360
20 EMA
20,575
Last 30 sessions
Market mood
Bearish17/100
Nifty 50
+1.30%
Nifty 500 (Broad)
+1.06%
Market breadth
Advancers vs decliners
Advancing
1224
Declining
883
A/D Ratio
1.39
Unchanged
77
New 52W highs
28
vs
New 52W lows
108
New lows clearly outnumber new highs — the market is under pressure.
▲ 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
21%
▲ 2.8 pts
EMA 50
24%
▼ 2.4 pts
EMA 200
37%
▼ 2.3 pts
% above the 50 EMA, last 20 sessions — breadth weakening
Industries
Weak Industries
44
of 66
🔄 Changes since the last session
▲ Turned Strong (0)
No industry turned Strong today.
▼ 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
Scan activity is close to its usual level. 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 Thursday, 1 October 2026
Market direction
Downtrend → Downtrend
% above 50 EMA
27% → 24% (-2 pts)
Strong industries
2 → 1 (-1)
📖 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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