🫀 Market pulse
The index can hold up on a few large companies while most shares fall. This counts the shares themselves: how many are above their own 20-day and 50-day average prices, every session since 2024-10-27, on dividend-adjusted prices.
Above their 20-day average
16%
Above their 50-day average
11%
Middle share, 20 sessions
-1.8%
Worked out for
2026-10-12
Today 16% of shares are above their 20-day average. On the 69 past sessions at that level (under 20%), the middle share moved -2.4% over the next 20 sessions, and rose on 28% of them.
Shares above their averages, and the DSEX
What came after each level
Every past session grouped by the share of stocks above their 20-day average, and the middle share's move over the following 20 sessions. Neighbouring sessions overlap, so the day counts overstate how many separate episodes there were.
| Above their 20-day average | Sessions | Middle share, next 20 sessions | Average | Rose |
|---|---|---|---|---|
| under 20% | 69 | -2.4% | -1.9% | 28% |
| 20% to 40% | 113 | -1.1% | -1.1% | 38% |
| 40% to 60% | 130 | +0.1% | +0.6% | 52% |
| 60% to 80% | 97 | 0.0% | +0.3% | 42% |
| 80% or more | 42 | +1.4% | +1.5% | 57% |
Sector rotation
The middle share of each sector. "Turning" compares the last 20 sessions with the 20 before them: a sector moving up the table is gaining strength against its own recent past.
| Sector | Shares | 5 sessions | 20 sessions | 60 sessions | 20 sessions before that | Turning |
|---|---|---|---|---|---|---|
| Paper & Printing | 6 | +1.5% | +7.9% | -11.3% | -15.6% | ▲ stronger |
| Travel & Leisure | 4 | -1.4% | +6.5% | -14.6% | -12.4% | ▲ stronger |
| Telecommunication | 3 | +0.4% | +1.7% | -9.5% | -7.3% | ▲ stronger |
| Miscellaneous | 14 | -0.4% | +1.7% | -14.8% | -15.6% | ▲ stronger |
| Fuel & Power | 23 | +0.6% | +1.3% | -5.7% | -14.2% | ▲ stronger |
| Food & Allied | 21 | -2.6% | +0.3% | -18.1% | -14.3% | ▲ stronger |
| Bank | 31 | 0.0% | 0.0% | -6.6% | -6.6% | ▲ stronger |
| Pharmaceuticals & Chemicals | 34 | -0.6% | -0.5% | -14.1% | -13.8% | ▲ stronger |
| Cement | 7 | -0.4% | -0.5% | -16.1% | -12.2% | ▲ stronger |
| Jute | 3 | -1.3% | -0.6% | -12.8% | -13.0% | ▲ stronger |
| Tannery Industries | 6 | -0.1% | -2.1% | -8.2% | -8.7% | ▲ stronger |
| Ceramics Sector | 5 | -2.5% | -2.3% | -19.7% | -12.9% | ▲ stronger |
| Textile | 57 | -5.0% | -2.5% | -12.6% | -18.6% | ▲ stronger |
| Services & Real Estate | 4 | -2.9% | -2.9% | -8.2% | -14.2% | ▲ stronger |
| Engineering | 41 | -3.2% | -3.0% | -19.3% | -14.5% | ▲ stronger |
| Insurance | 58 | -7.1% | -3.3% | -15.8% | -15.2% | ▲ stronger |
| IT Sector | 11 | -2.3% | -3.4% | -22.4% | -15.9% | ▲ stronger |
| Mutual Funds | 32 | -8.3% | -5.7% | -2.9% | -8.1% | steady |
| Financial Institutions | 20 | -3.9% | -7.1% | -16.1% | -13.0% | ▲ stronger |