Momentum
Score 42/100 × weight 25% = 10.5 points
Weak but improving
Indian market sentiment model
India equity market sentiment
Market Mood IndexX
A transparent 0-100 educational indicator that combines momentum, breadth, volatility, price strength and FII activity to describe Indian equity market conditions.
38/100
Fear
Market sentiment score: 38 out of 100, Fear.
DEMO DATA: The score uses deterministic demonstration data and is not a current market reading.
Last updated17 Jul 2026, 4:15 pm IST
- 1-session change
- +2Up 2 points over one session
- 7-session change
- +6Up 6 points over seven sessions
Score decreased from 39 to 38 across the latest 14 observations.
Score construction
How the score is built
Total shown: 38
The total sentiment score is 38. Momentum contributes 10.5 points, Market breadth contributes 7.0 points, Volatility contributes 11.0 points, Price strength contributes 4.6 points, FII activity contributes 5.4 points.
Market breadth
Score 28/100 × weight 25% = 7.0 points
Narrow participation
Volatility
Score 55/100 × weight 20% = 11.0 points
Moderate stress
Price strength
Score 31/100 × weight 15% = 4.6 points
Soft leadership
FII activity
Score 36/100 × weight 15% = 5.4 points
Net cautious
Values may not sum exactly because of rounding.
Methodology guide
How this score works
Market Mood IndexX combines five Indian equity-market inputs into a 0-100 educational market-condition score.
Momentum25%
What it measures: Measures Nifty position relative to 50-day and 200-day moving averages and 14-day RSI.
How to read it: Higher scores generally indicate stronger trend confirmation; lower scores indicate weaker trend conditions.
Limitation: Trend signals can lag sharp reversals and should be read with breadth and volatility.
Weight in total score: 25%
Market breadth25%
What it measures: Measures advancing stocks compared with advancing plus declining stocks, preferably using a five-session average.
How to read it: Higher scores indicate broader participation; lower scores indicate narrower or weaker participation.
Limitation: Breadth can vary by exchange coverage and can be noisy over very short windows.
Weight in total score: 25%
Volatility20%
What it measures: Measures India VIX percentile over approximately 252 trading sessions, reversed because higher volatility usually indicates greater fear.
How to read it: Higher scores indicate calmer volatility conditions; lower scores indicate elevated stress.
Limitation: Volatility describes market stress, not whether prices must rise or fall next.
Weight in total score: 20%
Price strength15%
What it measures: Measures new 52-week highs compared with new highs plus new lows.
How to read it: Higher scores indicate stronger price leadership; lower scores indicate weaker leadership below the surface.
Limitation: A neutral fallback is used when both new highs and new lows are zero.
Weight in total score: 15%
FII activity15%
What it measures: Measures rolling five-session net FII cash-market activity against its approximately 252-session historical distribution.
How to read it: Higher scores indicate stronger foreign institutional support; lower scores indicate more cautious or negative flows.
Limitation: FII data can be delayed and should not be treated as a standalone trading signal.
Weight in total score: 15%
Data quality and refresh
This release uses deterministic demonstration data. It is informational only and is not investment advice, a trading signal or a recommendation.
The intended production cadence is once after Indian market close, after authorised end-of-day inputs are available and validated.
Investor posture
What this market condition may mean
Continue planned SIPs. If deploying additional capital, consider staggered purchases rather than investing the full monthly allocation in one session.
Market Mood IndexX is an educational market-condition indicator. It is not investment advice, a trading signal or a recommendation to buy or sell securities.
Component breakdown
Five transparent inputs
Weighted result: 38.55, published as 38 using conservative whole-number flooring.
Broadly neutral
Momentum
Momentum score is 42/100. Neutral Broadly neutral Weight: 25% Contribution: 10.5 points Coverage or limitation: Trend signals can lag sharp reversals and should be read with breadth and volatility.
42/100Neutral
- Weight
- 25%
- Contribution
- 10.5 points
Index trend signals remain below neutral, while recent improvement suggests selling pressure has eased.
Trend signals can lag sharp reversals and should be read with breadth and volatility.
Read methodologyWeakening the total score
Market breadth
Market breadth score is 28/100. Moderately weak Weakening the total score Weight: 25% Contribution: 7.0 points Coverage or limitation: Breadth can vary by exchange coverage and can be noisy over very short windows.
28/100Moderately weak
- Weight
- 25%
- Contribution
- 7.0 points
Fewer stocks are advancing than declining, which indicates that gains are not yet broad-based.
Breadth can vary by exchange coverage and can be noisy over very short windows.
Read methodologyBroadly neutral
Volatility
Volatility score is 55/100. Neutral Broadly neutral Weight: 20% Contribution: 11.0 points Coverage or limitation: Volatility describes market stress, not whether prices must rise or fall next.
55/100Neutral
- Weight
- 20%
- Contribution
- 11.0 points
Volatility is near the middle of its sample range after reversing the fear effect of higher volatility.
Volatility describes market stress, not whether prices must rise or fall next.
Read methodologyWeakening the total score
Price strength
Price strength score is 31/100. Moderately weak Weakening the total score Weight: 15% Contribution: 4.6 points Coverage or limitation: A neutral fallback is used when both new highs and new lows are zero.
31/100Moderately weak
- Weight
- 15%
- Contribution
- 4.6 points
New highs are limited relative to new lows, pointing to cautious price action below the surface.
A neutral fallback is used when both new highs and new lows are zero.
Read methodologyWeakening the total score
FII activity
FII activity score is 36/100. Moderately weak Weakening the total score Weight: 15% Contribution: 5.4 points Coverage or limitation: FII data can be delayed and should not be treated as a standalone trading signal.
36/100Moderately weak
- Weight
- 15%
- Contribution
- 5.4 points
Rolling foreign institutional activity is below neutral in the demonstration distribution.
FII data can be delayed and should not be treated as a standalone trading signal.
Read methodology90-session sample
Historical Market Mood Score
Demonstration model — this is not today’s market reading. The chart shows a sample 90-session score series ending at 38.
Direction matters
A score needs context
A score of 35 rising from 20 describes a market where stress may be easing. A score of 35 falling from 55 describes a market where conditions may be weakening. Direction helps separate recovery from deterioration even when the headline score is identical.
Methodology summary
Transparent weighted formula
Mood Score = 25% Momentum + 25% Market Breadth + 20% Volatility + 15% Price Strength + 15% FII Activity
Read the full methodologyEarly access
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