Nifty 50 Set For Third-Longest Technical Correction, But Shallowest In History
What Happened
The Nifty 50 is set to spend its 160th trading session below the 200-DMA, its third-longest such correction and longest since January 2012. It has stayed below the 200-DMA since February 27, 2026, but the decline has been relatively shallow, with the index currently about 6% below its 200-DMA of 24,136.
Key Takeaways
The current correction stands out more for its duration than its depth, with Nifty spending 160 sessions below its long-term average without experiencing the steep declines seen in previous prolonged corrections.