Market X-Ray — 8 July 2026
Session Context
Weak participation and distribution pressure favor defensive behavior and selling into strength. Secondary context: PROFIT_BOOKING_ZONE.
Market Breadth
Advances
322
stocks closed higher
Declines
2042
stocks closed lower
Advance %
13.5%
of 2378 NSE EQ
NIFTY
-2.12%
index day return
Index-internal classification: BROAD BEARISH
Sector Rotation (Aggregate)
8
Lagging
1
Improving
9
Weakening
18
Total sectors
Aggregate sector breadth. Individual sector detail is available inside the research dashboard for subscribers. Count-only view here to protect proprietary sector scores.
Research Narrative
- ●Market participation is weak with a DhanVeda Participation Score of 32.9.
- ●Advances were 322 versus 2042 declines across 2378 EQ symbols.
- ●Index-internal classification is broad bearish.
- ●The most common cash-futures state is long unwinding across 101 F&O underlyings.
- ●3 market-context warning(s) are active; treat them as research context, not trade instructions.
Active Risk Context
- !Market participation score is weak
- !10 F&O underlyings show distribution-style confirmation
- !Large share of sectors are lagging
Risk context is for research awareness only — not a trading instruction.
Data scope this session:210F&O underlyings· 263 sessions of history· 18 sectors
Source: NSE Bhavcopy (public EOD file). Processed by DhanVeda Research after market close. Not real-time.
Learn the Framework
Understanding the concepts behind Market X-Ray helps you use it as an informed research context — not as a mechanical trigger.