Research preview

A striking 90 % of Nifty‑listed equities are now trading at least 10 % below their 52‑week highs. This degree of weakness has only appeared during Nifty‑50 troughs over the last eight years, suggesting the market is entering a historically rare stress phase. Understanding the mechanics behind such collective underperformance can help quantitative traders design strategies that exploit both the downside risk and the potential rebound. The Historical Context of a 10% Broad Decline When more than nine out of ten stocks fall 10 % or more from their annual peaks, the market is not merely reflecting isolated sector weakness....