Nifty Waves
Research tool · not investment advice. Full disclaimer →
A description of one index and never a recommendation: its own price trend beside its strength against the broad market, what it costs, and what is happening to the companies inside it — so a move can be read as the index, or as a few names carrying it.
Nifty Waves
its own trend, beside its relative strengthSource: computed from NSE index prices · NSE index closes.
Other index · as of 2026-10-01
Falling, in line with the market
Price: Downtrend Relative strength: In line 🌧 Headwind
-4.7% vs its 50-day average · -5.7% vs its 200-day average · 3-month return -9.9% · -16.8% off its 52-week high · +14.5% above its 52-week low. Price is the index's own trend; relative strength is measured against the Nifty 500 — the two can disagree, and when they do that disagreement is the read.
Weather, because: RS downtrend · 3m slope -4.0
Show the numbers
63 rows, all of them.
| Date | Nifty Waves | 50-day average | 200-day average |
|---|---|---|---|
| 2026-07-06 | 1985.85 | 1938.49 | 1965.84 |
| 2026-07-07 | 1966.60 | 1938.21 | 1964.68 |
| 2026-07-08 | 1929.25 | 1937.94 | 1963.32 |
| 2026-07-09 | 1961.75 | 1937.77 | 1962.13 |
| 2026-07-10 | 1976.75 | 1938.06 | 1960.97 |
| 2026-07-13 | 2001.35 | 1938.93 | 1959.83 |
| 2026-07-14 | 1991.60 | 1939.84 | 1958.66 |
| 2026-07-15 | 1968.95 | 1940.12 | 1957.43 |
| 2026-07-16 | 1974.10 | 1940.38 | 1956.20 |
| 2026-07-17 | 1956.45 | 1939.67 | 1954.89 |
| 2026-07-20 | 1953.90 | 1938.55 | 1953.71 |
| 2026-07-21 | 1946.00 | 1937.21 | 1952.54 |
| 2026-07-22 | 1896.05 | 1935.51 | 1951.30 |
| 2026-07-23 | 1896.20 | 1935.23 | 1950.18 |
| 2026-07-24 | 1919.75 | 1935.52 | 1949.30 |
| 2026-07-27 | 1936.95 | 1936.03 | 1948.28 |
| 2026-07-28 | 1927.70 | 1936.05 | 1947.17 |
| 2026-07-29 | 1942.90 | 1937.59 | 1946.24 |
| 2026-07-30 | 1928.70 | 1938.25 | 1945.24 |
| 2026-07-31 | 1939.85 | 1939.12 | 1944.43 |
| 2026-08-03 | 1942.00 | 1939.88 | 1943.70 |
| 2026-08-04 | 1951.55 | 1941.01 | 1942.99 |
| 2026-08-05 | 1950.70 | 1941.73 | 1942.36 |
| 2026-08-06 | 1937.10 | 1942.33 | 1941.80 |
| 2026-08-07 | 1932.55 | 1942.20 | 1941.25 |
| 2026-08-10 | 1930.35 | 1942.30 | 1940.67 |
| 2026-08-11 | 1924.50 | 1942.65 | 1940.22 |
| 2026-08-12 | 1915.40 | 1942.74 | 1939.65 |
| 2026-08-13 | 1936.95 | 1943.58 | 1939.08 |
| 2026-08-14 | 1942.15 | 1944.07 | 1938.57 |
| 2026-08-17 | 1937.10 | 1943.67 | 1938.06 |
| 2026-08-18 | 1941.60 | 1944.22 | 1937.62 |
| 2026-08-19 | 1926.75 | 1944.34 | 1937.13 |
| 2026-08-20 | 1947.55 | 1945.71 | 1936.66 |
| 2026-08-21 | 1951.85 | 1946.99 | 1936.23 |
| 2026-08-24 | 1949.50 | 1947.57 | 1935.86 |
| 2026-08-25 | 1942.95 | 1947.74 | 1935.42 |
| 2026-08-26 | 1940.10 | 1947.81 | 1935.00 |
| 2026-08-27 | 1918.80 | 1947.37 | 1934.67 |
| 2026-08-28 | 1921.50 | 1946.74 | 1934.39 |
| 2026-08-31 | 1887.40 | 1945.20 | 1934.01 |
| 2026-09-01 | 1876.55 | 1943.28 | 1933.62 |
| 2026-09-02 | 1850.00 | 1941.61 | 1932.99 |
| 2026-09-03 | 1869.10 | 1940.12 | 1932.45 |
| 2026-09-04 | 1893.05 | 1939.25 | 1932.01 |
| 2026-09-07 | 1882.15 | 1938.70 | 1931.50 |
| 2026-09-08 | 1881.50 | 1937.62 | 1931.00 |
| 2026-09-09 | 1870.75 | 1935.45 | 1930.45 |
| 2026-09-10 | 1863.50 | 1932.56 | 1929.89 |
| 2026-09-11 | 1866.05 | 1929.63 | 1929.40 |
| 2026-09-15 | 1843.70 | 1926.79 | 1928.89 |
| 2026-09-16 | 1843.05 | 1924.32 | 1928.35 |
| 2026-09-17 | 1859.55 | 1922.93 | 1927.72 |
| 2026-09-18 | 1870.70 | 1921.10 | 1927.11 |
| 2026-09-21 | 1870.00 | 1918.97 | 1926.51 |
| 2026-09-22 | 1891.30 | 1916.77 | 1926.04 |
| 2026-09-23 | 1886.65 | 1914.67 | 1925.60 |
| 2026-09-24 | 1866.10 | 1912.61 | 1925.10 |
| 2026-09-25 | 1864.10 | 1910.41 | 1924.66 |
| 2026-09-28 | 1831.70 | 1907.92 | 1924.03 |
| 2026-09-29 | 1822.55 | 1905.29 | 1923.50 |
| 2026-09-30 | 1839.95 | 1903.17 | 1922.90 |
| 2026-10-01 | 1812.75 | 1901.50 | 1922.00 |
Last day (2026-10-01): open 1,836.55 · high 1,836.60 · low 1,793.40 · close 1,812.75 · 50-day average 1,901.50 · 200-day average 1,922.00
Today
levels, valuation and returnsSource: NSE index closes.
| Open | 1,836.55 | High | 1,836.60 |
|---|---|---|---|
| Low | 1,793.40 | Volume | 39,250,308 |
| Turnover | ₹716 cr | Dividend yield | 0.30% |
| P/EToday's close ÷ trailing-twelve-month EPS (the last four reported quarters summed). Blank if any of those four quarters is missing, or if TTM EPS is zero or negative — a negative P/E is not a cheap stock, it is a loss-making one, and printing a number there would mislead. | — | P/Bthe share price per rupee of the company's own book value (share capital plus reserves). | 2.48 |
| 50-day average | 1,901.50 (-4.7%) | 200-day average | 1,922.00 (-5.7%) |
| 52-week high | 2,178.95 (-16.8%) | 52-week low | 1,582.65 (+14.5%) |
Returns · 1 day -1.5% · 1 week -2.9% · 1 month -3.4% · 3 months -9.9% · 6 months +6.7% · 12 months -15.4%
Relative strength
versus the broad marketSource: computed from NSE index prices · computed from NSE index prices · computed relative strength.
| Horizon | Relative-strength slope vs Nifty 500 |
|---|---|
| 1 month | +3.2% |
| 3 months | -4.0% |
| 6 months | +2.2% |
| 12 months | -11.2% |
| 18 months | — |
| 24 months | — |
3-month slope -4.0% · relative-strength trend In line · Compare with other indices →
The ratio lineNifty Waves ÷ Nifty 500
Above its 50-day line Below its 200-day line
Read — relative strength against the Nifty 500
- Relative strength is below its 200-day line — not yet structurally ahead of the Nifty 500.
- It holds above its 50-day line — near-term outperformance intact.
- Short horizons rising while 12 months lags — an improving rotation (a laggard turning up).
Show the numbers
13 rows, all of them.
| Date | Nifty Waves ÷ Nifty 500 |
|---|---|
| 2025-10-31 | 0.0854 |
| 2025-11-28 | 0.0832 |
| 2025-12-31 | 0.0870 |
| 2026-01-30 | 0.0827 |
| 2026-02-27 | 0.0821 |
| 2026-03-30 | 0.0771 |
| 2026-04-30 | 0.0858 |
| 2026-05-29 | 0.0850 |
| 2026-06-30 | 0.0842 |
| 2026-07-31 | 0.0827 |
| 2026-08-31 | 0.0805 |
| 2026-09-30 | 0.0834 |
| 2026-10-01 | 0.0829 |
No crossings or new highs of the ratio inside this window.
Its rotation, last six monthsrelative-strength ratio × momentum versus Nifty 500
0 of 1 sectors are leading the market and 1 are improving toward it. Improving: Waves.
Left–right is strength (is it stronger than the market?); up–down is direction (is that strength building?). Both are centred at 100, so the crossing point is “exactly as strong as the market”, and sectors travel clockwise.
Every sector on one rotation map →
Relative-strength depthversus Nifty 500 · rotation, Mansfield and capture
| QuadrantThe Rotation Map cell from the strength level × direction: Leading (strong & still accelerating) · Weakening (strong but decelerating) · Lagging (weak & still decelerating) · Improving (weak but turning up). The classic clockwise rotation reads Improving → Leading → Weakening → Lagging. | Improving |
|---|---|
| RS momentum | 116.10 (100 = the benchmark's pace) |
| Mansfield RSThe RS line vs its own long (~200-day) average, as a % deviation. Above 0 = RS above its long-term trend (structurally leading); below 0 = lagging. Unlike RSI it does not saturate in a strong trend, so a fresh cross of 0 is the robust turn. | -0.91% |
| RSI-of-RSA 14-period RSI run on the RS line itself (not price) — is the relative performance overbought or oversold? >70 = relative outperformance stretched; <30 = relative underperformance stretched. | 57 |
| Up-captureOn benchmark up-days, the fraction of the rise the sector captured. >1 = rallied more than the market; <1 = lagged the rally. | 0.77× over 1 year |
| Down-captureOn the days the benchmark fell, the fraction of that fall the sector took. <1 = fell LESS than the market (defensive); >1 = fell harder. | 1.00× over 1 year |
Relative-strength channel
where the ratio sits in its own rangeSource: computed from NSE index prices.
Waves — its own RS channelrelative strength versus Nifty 500
Not enough relative-strength history to draw a channel for this name yet. The band engine needs roughly two years before a range means anything, and it is not drawn on less.
Inside the index
bottom-up, equal-weightSource: computed from NSE prices · computed accumulation and distribution · company classification.
No liquid constituent signals on record for this index yet.
Seasonality
the calendar recordSource: computed seasonality.
How Nifty Waves has behaved month by month and week by week, every year on record, with each result's sample size beside it: its seasonal record →
Two readings answer different questions. The price trend says whether the index is going up. Relative strength says whether it is beating the market. A sector can rise while lagging — money is still flowing elsewhere faster — and it can fall while leading, simply by falling less.
Descriptive market data from the exchange's own index files and the stock tape. No ranking of what to own, no recommendation, and nothing here is adjusted for risk.
Download: every member (CSV) ↓ · the price series with its averages (CSV) ↓