Market X-Ray — 15 September 2026
Session Context
Market participation is poor; protect capital and avoid fresh longs unless the setup is exceptional. Secondary context: PROFIT_BOOKING_ZONE.
Market Breadth
Advances
371
stocks closed higher
Declines
2263
stocks closed lower
Advance %
14.0%
of 2652 NSE EQ
NIFTY
-1.19%
index day return
Index-internal classification: BROAD BEARISH
Sector Rotation (Aggregate)
17
Lagging
1
Improving
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 broad_risk_off with a DhanVeda Participation Score of 25.7.
- ●Advances were 371 versus 2263 declines across 2652 EQ symbols.
- ●Index-internal classification is broad bearish.
- ●The most common cash-futures state is weak unconfirmed move across 85 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
- !12 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· 311 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.