Advance Decline
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What is Sector Advances Declines?
The Sector Advances Declines feature helps you in tracking the performance of a particular sector and the stocks related to that sector in the live market.
It gives you a clear picture of sector-wise performance and its contribution to the market. Apart from that, you can also track it along with the absolute count of stocks advancing or declining related to that sector.
How to use Sector Advances Declines?
There are a total of 13 sectors available in the sector-wise performance feature. They are Nifty IT, Nifty realty, Nifty Energy, Nifty Media, Nifty Consumption, Nifty Auto, Nifty FMCG, Nifty Pvt Bank, Nifty PSU Bank, Nifty Metal, Nifty Bank, Nifty Fin services, and Nifty Pharma which you can track in the live market.
- Intraday traders can use this feature to select the trending stocks from trending sectors.
- For example, in the below image Nifty IT is Outperforming other sectors, so intraday traders can select the stocks from this sector as it is trending and avoid underperforming sector stocks.
- It gives you a clear view of the sector-wise performance and its contribution to the overall market.