Market Breadth — Advance/Decline
Monitor market breadth across Indian indices with live advance/decline data. Market breadth reveals the true health of the market beyond headline index numbers by showing how many stocks are participating in the move. A strong rally backed by broad market breadth is more sustainable than one driven by just a few large-cap stocks. This page shows advance/decline ratios, new highs vs new lows, and other breadth indicators to help you gauge overall market sentiment and make better-informed trading and investment decisions.
Frequently Asked Questions
What is market breadth?
Market breadth measures the overall health of the market by comparing the number of stocks that are advancing (going up) versus declining (going down). A market where more stocks are advancing than declining has positive breadth, suggesting broad-based participation in the rally. Narrow breadth — where only a few stocks drive the index higher — can signal underlying weakness.
How do I read the advance/decline ratio?
The advance/decline ratio is calculated by dividing the number of advancing stocks by the number of declining stocks. A ratio above 1 means more stocks are going up than down, indicating bullish sentiment. A ratio below 1 means more stocks are falling. Extreme readings (above 3 or below 0.3) often signal short-term exhaustion and potential reversals.
Why is market breadth important for investors?
Market breadth helps you understand whether a rally or selloff is broad-based or driven by a handful of heavyweight stocks. An index can hit new highs while most of its components are actually falling, which is a bearish divergence. Checking breadth before making investment decisions helps you avoid buying into a weak market that looks strong on the surface.