Five Chart Sunday – Nifty Total Market Index, Agri Commodities – Rice, Sugar, Cotton, Nifty Smallcap 100, Nifty Top 10 Pain, Nifty Bank.

Five Interesting Charts for the Sunday

1. Nifty Total Market Index 

• The Top 750 Companies of India.
• Generally its 90-95% of Indias Market Cap.
• If you look at this chart it clearly shows its waiting for a Positive Trigger to Breakout.
• Knocking at the Resistance and waiting.

3) Agri Commodities bouncing sharply 

a) Basmati Rice – PUSA 1121 Rice

The Downtrend has now changed into an uptrend and back to 3-5 year highs.

b) Cotton – USD 

Up 30-35% from the lows with strong base.

c) Sugar USD 

Up 30-35% from the lows and base set.

Nifty Smallcap 100 – New All Time Highs 

• First it was Midcap Indices that made new all time highs now its time for Smallcaps.
• Nifty Smallcap 250 and BSE Smallcap Index also not far from all time highs.

Nifty Top 10 – This is where the Pain is. 

• Opposite of what it used to be in 2018-2019. Growth,Flows,Narrative was for the Top 10 names.
• Now the same has flipped towards rest of the Market.
• It can be seen in the Price Action.
• Down 15% from peak. Still below March 2025 lows. Up barely 5% from recent lows.

Nifty Bank – If the Nifty has to go up it needs the Large Banks 

An interesting insight on Large Cap Banks

Banks : My take on why Large Cap Banks are underperforming.. pic.twitter.com/lDdPQDKJrL

— Sridhar Sivaram (@srisiv1) August 21, 2026

Banks need to take leadership for Nifty to do well.

 

NooreshTech Research Services