Market Indices
| Action | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ₹8584.93 | 12.81 | 2.59 | 2.03% | 1.07 | ||||||
| ₹25036.41 | 20.70 | 3.99 | 1.06% | 1.01 | ||||||
| ₹11011.78 | 21.93 | 4.26 | 0.96% | 1.02 | ||||||
| ₹35672.04 | 23.27 | 4.41 | 0.91% | 1.01 | ||||||
| ₹10721.30 | 23.63 | 4.41 | 0.88% | - | ||||||
| ₹8821.39 | 20.51 | 4.03 | 1.06% | 1.01 | ||||||
| ₹16856.97 | 30.53 | 5.84 | 0.62% | 1.02 | ||||||
| ₹10511.71 | 22.31 | 4.36 | 0.95% | 1.02 | ||||||
| ₹19689.15 | 31.70 | 5.02 | 0.49% | - | ||||||
| ₹7191.95 | 35.57 | 4.79 | 0.56% | 0.99 | ||||||
| ₹12672.54 | 32.06 | 5.44 | 0.60% | 1.01 | ||||||
| ₹10531.88 | 23.87 | 4.41 | 0.89% | 1.02 | ||||||
| ₹25603.65 | 34.96 | 4.98 | 0.59% | - | ||||||
| ₹18171.94 | 22.01 | 4.16 | 1% | - | ||||||
| ₹9237.32 | 20.90 | 4.22 | 1.03% | 1.02 | ||||||
| ₹10364.69 | 22.46 | 4.34 | 0.98% | 1.02 | ||||||
| ₹47800.11 | 33.10 | 4.93 | 0.74% | 1.04 | ||||||
| ₹18597.05 | 41.59 | 6.30 | 0.39% | 1.07 | ||||||
| ₹14176.87 | 33.78 | 4.86 | 0.61% | 1.02 | ||||||
| ₹6112.45 | 26.94 | 3.39 | 0.46% | - | ||||||
| ₹17706.67 | 30.23 | 4.43 | 0.48% | - | ||||||
| ₹24474.75 | 20.27 | 3.95 | 1.11% | 1.00 | ||||||
| ₹7832.74 | 19.42 | 3.89 | 1.14% | 1.01 | ||||||
| ₹41283.58 | 25.94 | 4.36 | 1% | 1.10 | ||||||
| ₹86449.03 | 22.53 | 4.13 | 0.88% | 1.04 | ||||||
| ₹14586.35 | 25.67 | 4.65 | 0.76% | 1.03 | ||||||
| ₹31728.80 | 20.91 | 4.09 | 1.08% | - | ||||||
| ₹58453.37 | 34.42 | 4.79 | 0.49% | 1.00 | ||||||
| ₹10077.26 | 34.23 | 4.86 | 0.60% | - | ||||||
| ₹9195.12 | 42.94 | 5.63 | 0.44% | 0.97 | ||||||
| ₹10721.29 | 23.63 | 4.41 | 0.89% | - | ||||||
| ₹74529.08 | 19.79 | 4.02 | 1.11% | 1.00 | ||||||
| ₹25,495 | 19.68 | 3.08 | 1.42% | 1.02 | ||||||
| ₹14007.40 | 20.82 | 3.21 | 1.32% | 1.03 | ||||||
| ₹23224.70 | 21.94 | 3.25 | 1.26% | 1.01 | ||||||
| ₹60620.90 | 27.38 | 3.85 | 0.90% | 1.06 | ||||||
| ₹19132.45 | 34.56 | 3.71 | 0.64% | 1.08 | ||||||
| ₹15.58 | - | - | - | -4.14 | ||||||
| ₹24536.60 | 20.25 | 3.01 | 1.42% | 1.00 | ||||||
| ₹18151.30 | 25.33 | 3.42 | 1.06% | - | ||||||
| ₹16350.90 | 23.58 | 3.32 | 1.15% | 1.01 | ||||||
| ₹- | 17.47 | 3.45 | 1.44% | 1.10 | ||||||
| ₹22290.40 | 27.82 | 3.90 | 0.96% | 1.00 | ||||||
| ₹17432.40 | 29.67 | 3.78 | 0.86% | 1.07 | ||||||
| ₹20562.30 | 29.26 | 3.70 | 0.90% | 1.00 | ||||||
| ₹17535.70 | 32.38 | 3.38 | 0.78% | 1.00 | ||||||
| ₹9700.50 | 33.02 | 3.86 | 0.65% | 1.09 | ||||||
| ₹1569.85 | 21.71 | 3.37 | 1.33% | - | ||||||
| ₹16495.20 | 22.95 | 3.43 | 1.20% | 1.01 | ||||||
| ₹25113.80 | 24.92 | 3 | 0.65% | 1.05 | ||||||
| ₹20063.40 | 29.91 | 3.63 | 0.87% | - | ||||||
| ₹13968.10 | 28.08 | 4.19 | 0.76% | 1.07 | ||||||
| ₹20015.90 | 30.05 | 3.29 | 0.78% | - | ||||||
| ₹13105.50 | 22.04 | 3.24 | 1.23% | 1.02 |
Index Heatmap
How to Read the Returns View
Understand index-level valuations and time-series performance metrics at a glance.
P/E RatioValuationPrice to Earnings reveals how cheap or expensive the index is relative to aggregate earnings.
P/B RatioBook ValueCompares market capitalisation against the underlying aggregate book value of assets.
Dividend YieldYieldAnnualised cash income return as a percentage of current market price.
BetaVolatilityMeasures relative volatility and sensitivity against the baseline market index (1.0).
How to Read Market Breadth
Expose internal market participation and identify broad trends vs top-heavy rallies.
Above EMA 20 / 50 / 100 / 200% of stocks trading above key moving averages (70%+ = healthy regime).
Up 4.5% Today / Down 4.5% TodayFilters for 4.5%+ daily moves to isolate real institutional momentum.
Near 52W High 5%Count of constituents trading within 5% of their annual highs.
Why both tabs belong together: Valuation without breadth is blind. If an index exhibits a premium P/E of 28x with 75% of stocks above their 200 EMA and 25 stocks near 52-week highs, the valuation reflects genuine earnings strength. If the same index has only 25% of stocks above their 200 EMA, the high P/E is a warning of fragility.
Which Index Should You Track?
Key benchmarks tailored to different investment styles and time horizons.
Nifty 50
The 50 largest blue-chip leaders on NSE. Standard market benchmark for core portfolio health.
Nifty 500
Widest comprehensive index. Ideal for gauging broad market breadth and advance-decline momentum.
Midcap 150
Fast-growing mid-tier corporations with higher growth potential and elevated beta swings.
Smallcap 250
High-beta growth universe where internal breadth divergences consistently signal macro cycle turns.
Index P/E Comparison
Relative valuation across indices ranked from lowest to highest P/E multiple.
Breadth Signals Right Now
Real-time participation signals identifying strength and trend divergence.
Frequently Asked Questions
What is market breadth and how is it measured?
Market breadth measures how many stocks within an index are actively participating in its movement. Kalpi measures breadth by calculating the percentage of constituent stocks trading above key EMAs (20, 50, 100, 200), alongside daily strong advances/declines (4.5%+ moves) and stocks within 5% of their 52-week highs.
What does 'Stocks Above 200 EMA' mean and why does it matter?
The 200-day Exponential Moving Average is the standard baseline between long-term bull and bear regimes. When 70%+ of index constituents trade above their 200 EMA, market breadth is strong and healthy. A dropping percentage warns of weakening internal participation even before the benchmark index falls.
How is the advance/decline ratio useful for investors?
Traditional advance/decline ratios count every tiny price move. Kalpi filters for 4.5%+ daily moves to isolate genuine momentum from intraday noise. If the Nifty is up but strong decliners outnumber strong advancers, the headline rally lacks broad institutional conviction.
What is considered a fair P/E ratio for Nifty 50?
Historically, a Nifty 50 consolidated P/E between 18x and 21x represents fair valuation. Below 18x has historically offered excellent risk-reward buying opportunities, whereas levels above 25x indicate premium valuations where margin of safety is reduced.
How can I compare Large Cap vs Mid Cap vs Small Cap valuations?
On Kalpi's Returns View, all benchmark and market cap indices sit side-by-side with P/E, P/B, Dividend Yield, and Beta. This enables immediate comparison of valuation premiums across market segments to optimise capital allocation.
What does 'Near 52W High 5%' indicate in Market Breadth?
It shows the count of stocks currently within 5% of their 52-week peak. A high number confirms broad-based bullish momentum across sectors, while a low number during an index high indicates a narrow, top-heavy rally driven by only a few heavyweights.