Daily Market Profile scan · Nifty 50

The index is -9.7% from its 6-month POC.

20 of 50 Nifty constituents are trading below value today — 7 of them deeply oversold. Here's the full structural picture: spot vs POC, value areas, and the mean-reversion tiers.

Data as of 02 Jun 2026 close (IST)

Last updated 02 Jun 2026, 17:25 IST

📁 Archived snapshot. See today's scan →

Nifty 50 spot

23,523.3

last close

6-month POC

25,794.9

fair-value anchor

Distance from POC

-9.7%

deeply oversold

Oversold names

20 / 50

7 deeply oversold

View full Nifty 50 detail — POC chart, value area & signal history →

📊 Today's read

Nifty closed near 23,523 — about -9.7% from the 6M POC at 25,795, putting the index firmly in Q1_DEEP. Breadth is broad: 8 names in Q1_DEEP and 13 in Q1 across the 50-stock universe, with IT leading a third straight day of relief (Nifty IT +3%, TCS/INFY in front). RBI MPC verdict Friday Jun 5 10:00 IST is the binary catalyst — consensus is hold at 5.25% with a neutral tone. Until then, the structure read is mean-reversion setup intact across financials, IT, autos and consumer.

Nifty 50 POC distance heatmap, 02 Jun 2026 — Each tile shows a constituent's distance from its 6-month POC. Cooler/deeper = more oversold.

Oversold watch — Q1 & Q1·DEEP

Constituents in the oversold quantile tiers, deepest first. These are the names the mean-reversion method watches. "Setup" is position-blind backtest-tier quality, not a recommendation. Stats are historical, not predictions.

#	Stock	Signal	Setup	Spot	6M POC	% from POC	Upside to POC	Value area (VAL–VAH)	Hist 60d hit	Hist 60d ret	Opt liq
1	HCLTECH	Q1 · DEEP	STRONG	₹1,244	₹1,665	-33.8%	+33.8%	1,356.5 – 1,780.1	67%	+7.9%	MED
2	TCS	Q1 · DEEP	STRONG	₹2,451	₹3,220	-31.4%	+31.4%	2,455.7 – 3,350.0	54%	+1.7%	HIGH
3	HDFCBANK	Q1 · DEEP	STRONG	₹749.1	₹925.9	-23.6%	+23.6%	764.9 – 966.4	66%	+4.7%	HIGH
4	M&M	Q1 · DEEP	STRONG	₹3,006	₹3,630	-20.8%	+20.8%	3,139.5 – 3,777.6	61%	+8.8%	LOW
5	KOTAKBANK	Q1 · DEEP	STRONG	₹379.9	₹424.2	-11.7%	+11.7%	379.3 – 445.6	76%	+7.0%	HIGH
6	ICICIBANK	Q1 · DEEP	STRONG	₹1,230	₹1,365	-11.0%	+11.0%	1,274.7 – 1,429.5	70%	+6.7%	HIGH
7	BEL	Q1 · DEEP	LOW	₹409.1	₹438.7	-7.2%	+7.2%	412.3 – 454.7	51%	+2.1%	LOW
8	BAJAJFINSV	Q1	STRONG	₹1,749	₹2,046	-17.0%	+17.0%	1,777.6 – 2,101.8	72%	+13.6%	MED
9	SBILIFE	Q1	—	₹1,804	₹2,016	-11.8%	+11.8%	1,880.8 – 2,105.3	74%	+7.4%	MED
10	SBIN	Q1	—	₹960.0	₹1,068	-11.3%	+11.3%	968.2 – 1,115.0	83%	+9.1%	HIGH
11	INDIGO	Q1	—	₹4,474	₹4,949	-10.6%	+10.6%	4,284.4 – 5,062.9	50%	+3.2%	LOW
12	HINDUNILVR	Q1	—	₹2,096	₹2,311	-10.3%	+10.3%	2,213.2 – 2,432.3	68%	+4.3%	HIGH
13	SHRIRAMFIN	Q1	—	₹913.5	₹1,000	-9.5%	+9.5%	937.4 – 1,070.8	68%	+9.1%	LOW
14	ONGC	Q1	—	₹265.5	₹285.1	-7.4%	+7.4%	258.9 – 299.6	59%	+3.6%	MED
15	ITC	Q1	—	₹283.4	₹304.1	-7.3%	+7.3%	294.7 – 332.4	62%	+3.0%	HIGH
16	MAXHEALTH	Q1	—	₹951.5	₹1,014	-6.5%	+6.5%	950.8 – 1,062.3	70%	+8.2%	LOW
17	POWERGRID	Q1	—	₹282.0	₹300.2	-6.5%	+6.5%	284.6 – 323.0	58%	+2.8%	MED
18	RELIANCE	Q1	STRONG	₹1,321	₹1,399	-5.9%	+5.9%	1,327.3 – 1,456.0	75%	+10.3%	HIGH
19	ULTRACEMCO	Q1	—	₹11,174	₹11,595	-3.8%	+3.8%	10,948.8 – 12,497.3	76%	+7.6%	MED
20	BHARTIARTL	Q1	—	₹1,816	₹1,833	-0.9%	+0.9%	1,756.6 – 2,009.0	58%	+4.3%	HIGH

Today's read on the deepest setups

Position-blind notes on the most-stretched names — what the structure shows, recent news, and the key risk. Setup quality only; not a recommendation and not portfolio advice.

HCLTECHSTRONG

Structure: Deepest dislocation in the universe at -33.85% from 6M POC. Hist Q1 hit rate 67%, fwd60d ≈ +7.9%. POC trend flat (-0.04%).

News: Today's IT relief rally lifted HCL alongside TCS/INFY; FY26 final dividend ₹60 paid earlier this cycle.

Key risk: Q1 FY27 results in mid-July — fresh soft guidance would extend the dip.

TCSSTRONG

Structure: -31.35% from 6M POC. Hist hit 54% (below tier average), fwd60d ≈ +1.7%. POC trend just turned positive (+0.25%).

News: Led today's IT rally. Final div ₹31 already ex (record May 25); AGM Jun 9.

Key risk: AGM Jun 9 may bring another FY27 guide cut; USD/INR flare would re-pressure the sector.

HDFCBANKSTRONG

Structure: Q1_DEEP at -23.6% from 6M POC, hit 66%, fwd60d ≈ +4.7%. POC trend drifting (-7% in 20d).

News: Q4 FY26 net profit ₹19,221 cr (+9% YoY); GNPA improved to 1.15%. Final div ₹13 ex-date Jun 19.

Key risk: POC drift means gap may close via POC fall rather than price rise — visual target shifts down.

M&MSTRONG

Structure: Q1_DEEP at -20.78%, hit 61%, fwd60d ≈ +8.8% (above-tier expected move).

News: Investor conferences Jun 2-3 (BoFA, Morgan Stanley, Nomura); final div ₹33 (+30% YoY) record Jul 3.

Key risk: Investor-meet commentary is the near-term swing factor.

KOTAKBANKSTRONG

Structure: Q1_DEEP at -11.66% but with the cleanest stats — hit 76% (best in tier), fwd60d ≈ +7.0%. POC trend clean (-0.24%).

News: Q4 PAT +13% to ₹4,027 cr, NII +8%. Final div ₹0.65 announced.

Key risk: Hawkish RBI Friday compresses bank multiples broadly.

ICICIBANKSTRONG

Structure: Q1_DEEP at -10.96%, hit 70%, fwd60d ≈ +6.7%.

News: Q4 net profit +8.5%; div ₹12 — highest payout in 12 years.

Key risk: Same RBI-Friday risk as the broader banking complex.

BAJAJFINSVSTRONG

Structure: Q1 at -17.0%, but the strongest non-deep setup by score: hit 72%, fwd60d ≈ +13.6%.

News: Record FY26: revenue ₹150,530 cr (+13%), PAT +10%. Special ₹1.50 centenary div, record Jun 30. Allianz JV stake fully bought out.

Key risk: NBFC/insurance complex sensitive to RBI tone.

RELIANCESTRONG

Structure: Q1 at -5.94% (shallow), but the best non-deep stats: hit 75%, fwd60d ≈ +10.3%. POC trend flat.

News: 49th AGM Thu Jun 19 — Jio IPO commentary expected (₹40-50k cr deal). Dividend ₹6 record Jun 5 (same day as RBI verdict, dual catalyst).

Key risk: AGM disappointment on Jio IPO timeline → -3% gap risk.

BELLOW

Structure: Shallowest Q1_DEEP at -7.2%; hist hit just 51%, fwd60d only +2.1% — weakest member of the deep tier.

News: Q4 net profit +5%, FY26 profit +14%. Recent ₹608 cr fresh orders; defence order momentum strong.

Key risk: Recent run-up + LOW liquidity makes this a bounce, not a clean signal.

Events on the radar

Dividends, earnings and macro dates that can move these names or their option pricing over the next ~90 days.

Stock	Event	Date	Type	Magnitude	Impact
MARKET	RBI MPC verdict	Fri 5 Jun 10:00 IST	Macro	LARGE	Consensus hold at 5.25% with neutral tone; hawkish surprise pressures banks and NIFTY ~1.5-2%; dovish lift adds 2-3% to rate-sensitive sectors.
RELIANCE	Dividend ₹6 ex-date	Fri 5 Jun	Dividend	SMALL	Small per-share adjustment; quickly absorbed in option premiums.
TCS	AGM (FY27 guidance refresh)	Mon 9 Jun	AGM	MEDIUM	Further FY27 guide cut would fade the IT relief rally; clean reaffirmation sustains it.
RELIANCE	49th AGM	Thu 19 Jun	AGM	LARGE	Jio IPO timeline + retail commentary — primary AGM-week catalyst for the index heavyweight.
HDFCBANK	Dividend ₹13 ex-date	Fri 19 Jun	Dividend	SMALL	~1.7% of price; both legs of a vertical adjust together — minor.
M&M	Final div ₹33 record	Fri 3 Jul	Dividend	SMALL	Outside Jun expiry; only matters for Jul-month positions.

Full Nifty 50 scan

Every constituent, sorted most-oversold to most-extended. Spot, 6-month POC and value-area bounds for all 50 names.

Show all 50 names

Stock	Signal	Spot	6M POC	% from POC	VAL	VAH
HCLTECH	Q1 · DEEP	₹1,244	₹1,665	-33.8%	₹1,356	₹1,780
TCS	Q1 · DEEP	₹2,451	₹3,220	-31.4%	₹2,456	₹3,350
HDFCBANK	Q1 · DEEP	₹749.1	₹925.9	-23.6%	₹764.9	₹966.4
M&M	Q1 · DEEP	₹3,006	₹3,630	-20.8%	₹3,140	₹3,778
BAJAJFINSV	Q1	₹1,749	₹2,046	-17.0%	₹1,778	₹2,102
ETERNAL	MID	₹250.5	₹284.9	-13.8%	₹245.4	₹299.9
SBILIFE	Q1	₹1,804	₹2,016	-11.8%	₹1,881	₹2,105
KOTAKBANK	Q1 · DEEP	₹379.9	₹424.2	-11.7%	₹379.3	₹445.6
SBIN	Q1	₹960.0	₹1,068	-11.3%	₹968.2	₹1,115
ICICIBANK	Q1 · DEEP	₹1,230	₹1,365	-11.0%	₹1,275	₹1,430
INDIGO	Q1	₹4,474	₹4,949	-10.6%	₹4,284	₹5,063
HINDUNILVR	Q1	₹2,096	₹2,311	-10.3%	₹2,213	₹2,432
SHRIRAMFIN	Q1	₹913.5	₹1,000	-9.5%	₹937.4	₹1,071
ONGC	Q1	₹265.5	₹285.1	-7.4%	₹258.9	₹299.6
ITC	Q1	₹283.4	₹304.1	-7.3%	₹294.7	₹332.4
BEL	Q1 · DEEP	₹409.1	₹438.7	-7.2%	₹412.3	₹454.7
MAXHEALTH	Q1	₹951.5	₹1,014	-6.5%	₹950.8	₹1,062
POWERGRID	Q1	₹282.0	₹300.2	-6.5%	₹284.6	₹323.0
RELIANCE	Q1	₹1,321	₹1,399	-5.9%	₹1,327	₹1,456
HDFCLIFE	MID	₹580.2	₹604.6	-4.2%	₹555.1	₹732.7
ULTRACEMCO	Q1	₹11,174	₹11,595	-3.8%	₹10,949	₹12,497
BAJFINANCE	MID	₹884.1	₹916.3	-3.6%	₹891.1	₹1,011
TATACONSUM	MID	₹1,158	₹1,182	-2.1%	₹1,099	₹1,203
JIOFIN	MID	₹238.1	₹242.2	-1.7%	₹227.3	₹268.9
AXISBANK	MID	₹1,253	₹1,271	-1.4%	₹1,222	₹1,352
LT	MID	₹4,014	₹4,060	-1.1%	₹3,816	₹4,189
BHARTIARTL	Q1	₹1,816	₹1,833	-0.9%	₹1,757	₹2,009
TITAN	MID	₹4,085	₹4,086	-0.0%	₹3,908	₹4,301
MARUTI	MID	₹13,016	₹13,018	-0.0%	₹12,253	₹15,168
NTPC	MID	₹367.5	₹367.6	-0.0%	₹355.3	₹407.9
EICHERMOT	MID	₹7,155	₹7,146	+0.1%	₹6,853	₹7,425
TATASTEEL	MID	₹210.8	₹210.2	+0.2%	₹188.9	₹217.7
DRREDDY	MID	₹1,277	₹1,271	+0.5%	₹1,240	₹1,336
TRENT	MID	₹4,215	₹4,090	+3.0%	₹3,816	₹4,329
JSWSTEEL	MID	₹1,313	₹1,272	+3.1%	₹1,162	₹1,298
COALINDIA	MID	₹472.0	₹457.1	+3.2%	₹425.5	₹473.1
WIPRO	MID	₹210.1	₹203.4	+3.2%	₹186.5	₹238.5
SUNPHARMA	MID	₹1,787	₹1,720	+3.8%	₹1,685	₹1,842
CIPLA	MID	₹1,384	₹1,325	+4.3%	₹1,243	₹1,472
BAJAJ-AUTO	MID	₹10,275	₹9,786	+4.8%	₹8,911	₹9,928
NESTLEIND	MID	₹1,400	₹1,306	+6.7%	₹1,179	₹1,325
TECHM	MID	₹1,570	₹1,459	+7.1%	₹1,318	₹1,587
INFY	MID	₹1,268	₹1,175	+7.4%	₹1,089	₹1,596
ASIANPAINT	MID	₹2,663	₹2,430	+8.7%	₹2,350	₹2,817
TMPV	MID	₹391.2	₹355.9	+9.0%	₹335.0	₹378.7
GRASIM	Q5	₹3,103	₹2,747	+11.5%	₹2,711	₹2,956
APOLLOHOSP	Q5	₹8,120	₹7,081	+12.8%	₹7,004	₹7,793
HINDALCO	Q5	₹1,146	₹932.9	+18.6%	₹809.1	₹1,000.0
ADANIPORTS	Q5	₹1,816	₹1,379	+24.1%	₹1,333	₹1,591
ADANIENT	Q5	₹2,969	₹2,230	+24.9%	₹1,852	₹2,337

Nifty 50 sector stress map, 02 Jun 2026 — Sector stress — share of each sector trading below value.

How to read this

A daily volume-and-time Market Profile scan of the Nifty 50. We measure how far each stock trades from its 6-month Point of Control (POC) — the price where the most activity has occurred — and flag mean-reversion setups.

POC — Point of Control

The single price with the highest traded volume/time over the last 6 months. It acts as a fair-value magnet: price tends to revert toward it.

Value Area (VAL–VAH)

The band containing ~70% of activity, from Value-Area-Low to Value-Area-High. Trading below VAL means a stock is stretched below where the market agreed on value.

Q1 / Q1·DEEP signals

Quantile of a stock's distance-from-POC vs its own history. Q1 = unusually oversold; Q1·DEEP = in the deepest tail. These are the mean-reversion watch tiers.

Q1·DEEP edge

75–80%60-day hit rate

+11%mean 60-day return

From a 49-stock × 5-year backtest.

Q1 edge

64–67%60-day hit rate

+5%mean 60-day return

Shallower tier — lower, but still positive, expectancy.

What this is not

This is scanner output, not a recommendation. It describes structure derived from public prices. It does not account for news, fundamentals, or your risk. Always do your own work.