Daily Market Profile scan · Nifty 50

The index is -10.2% from its 6-month POC.

18 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 03 Jun 2026 close (IST)

Last updated 03 Jun 2026, 16:36 IST

📁 Archived snapshot. See today's scan →

Nifty 50 spot

23,397.0

last close

6-month POC

25,794.9

fair-value anchor

Distance from POC

-10.2%

deeply oversold

Oversold names

18 / 50

7 deeply oversold

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

📊 Today's read

Nifty closed at 23,397 — about -10.3% below the 6M POC, putting the index in Q1_DEEP. Breadth is wide: 8 names in Q1_DEEP and 11 in Q1 across the 50-stock universe. The dominant catalyst is the RBI MPC verdict Friday Jun 5 at 10:00 IST — consensus expects a hold at 5.25% with a neutral-to-mildly-dovish tone, but the result will swing every rate-sensitive name in the next 48h. IT sector is now in day 4 of a relief rally (TCS +6% and INFY +6% on Tue), with Snowflake's enterprise-spend commentary providing a clean overseas anchor. Until the RBI prints, structure says oversold but the catalyst says wait.

Nifty 50 POC distance heatmap, 03 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	TCS	Q1 · DEEP	STRONG	₹2,245	₹3,215	-43.2%	+43.2%	2,451.1 – 3,350.0	54%	+1.7%	HIGH
2	HCLTECH	Q1 · DEEP	STRONG	₹1,177	₹1,665	-41.4%	+41.4%	1,356.5 – 1,780.1	67%	+7.9%	MED
3	HDFCBANK	Q1 · DEEP	STRONG	₹753.0	₹925.9	-23.0%	+23.0%	764.9 – 966.4	66%	+4.7%	HIGH
4	M&M	Q1 · DEEP	STRONG	₹3,007	₹3,630	-20.7%	+20.7%	3,135.8 – 3,777.6	61%	+8.8%	LOW
5	SBILIFE	Q1 · DEEP	STRONG	₹1,782	₹2,016	-13.2%	+13.2%	1,877.5 – 2,105.3	74%	+7.4%	MED
6	ICICIBANK	Q1 · DEEP	STRONG	₹1,243	₹1,365	-9.8%	+9.8%	1,272.7 – 1,429.5	70%	+6.7%	HIGH
7	BEL	Q1 · DEEP	LOW	₹406.4	₹438.7	-7.9%	+7.9%	412.3 – 454.7	51%	+2.1%	LOW
8	HINDUNILVR	Q1	—	₹2,087	₹2,310	-10.7%	+10.7%	2,212.7 – 2,428.4	68%	+4.3%	HIGH
9	ITC	Q1	—	₹276.8	₹304.2	-9.9%	+9.9%	294.6 – 332.4	62%	+3.0%	HIGH
10	SBIN	Q1	STRONG	₹972.2	₹1,068	-9.9%	+9.9%	967.0 – 1,115.0	83%	+9.1%	HIGH
11	SHRIRAMFIN	Q1	—	₹914.0	₹1,000	-9.4%	+9.4%	937.4 – 1,070.8	68%	+9.1%	LOW
12	INDIGO	Q1	—	₹4,550	₹4,935	-8.5%	+8.5%	4,296.5 – 5,061.1	50%	+3.2%	LOW
13	RELIANCE	Q1	STRONG	₹1,313	₹1,399	-6.6%	+6.6%	1,327.3 – 1,456.0	75%	+10.3%	HIGH
14	ONGC	Q1	—	₹268.2	₹285.1	-6.3%	+6.3%	258.9 – 298.9	59%	+3.6%	MED
15	POWERGRID	Q1	—	₹284.8	₹300.2	-5.4%	+5.4%	284.3 – 322.4	58%	+2.8%	MED
16	MAXHEALTH	Q1	—	₹966.5	₹1,014	-4.9%	+4.9%	949.9 – 1,058.9	70%	+8.2%	LOW
17	ULTRACEMCO	Q1	—	₹11,066	₹11,601	-4.8%	+4.8%	10,965.5 – 12,502.9	76%	+7.6%	MED
18	LT	Q1	—	₹3,947	₹4,060	-2.9%	+2.9%	3,815.7 – 4,188.9	69%	+4.5%	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.

TCSSTRONG

Structure: Deepest gap of the cohort at -43% from 6M POC. Hist Q1 stats for TCS specifically are weakest of the deep tier (hit 54% / fwd60d +1.7%) — depth alone is not the edge here, but news + sector flow is reinforcing.

News: IT rally day 4. AGM Mon Jun 9 = FY27 guidance refresh. Final div ₹31 already ex.

Key risk: FY27 guide cut at AGM Jun 9 could fade the IT rally.

HCLTECHSTRONG

Structure: Q1_DEEP at -41% from POC, hit 67% / fwd60d +7.9%. POC trend flat. Clean profile in the deep-oversold tier.

News: Riding the IT relief rally. FY26 ₹60 dividend paid in cycle. Q1 FY27 results mid-July.

Key risk: Soft Q1 FY27 guidance in mid-July could extend the dip.

HDFCBANKSTRONG

Structure: Q1_DEEP at -23% from POC, hit 66% / fwd60d +4.7%. Q4 PAT +9.1%, GNPA improved to 1.15% — clean fundamentals.

News: Final div ₹13 ex Jun 19. Board cleared ₹60,000 cr bond raise earlier.

Key risk: RBI Fri = binary; hawkish tone would shave 1-2% off private banks.

M&MSTRONG

Structure: Q1_DEEP at -21% from POC, hit 61% / fwd60d +8.8%. Q4 PAT +48% YoY, revenue +29%.

News: Final div ₹33 (+30% YoY) ex Jul 3. CITI India Conference Jun 5.

Key risk: LOW option liquidity makes structured trades harder to enter/exit cleanly.

SBILIFESTRONG

Structure: Q1_DEEP at -13% from POC, hit 74% / fwd60d +7.4% — clean profile, fresh entry candidate.

News: Interim div ₹2.7 paid Mar 6. Q4 FY26 PAT +20% on NBP growth.

Key risk: Insurance is RBI-sensitive via ALM economics.

ICICIBANKSTRONG

Structure: Q1_DEEP at -10% from POC, hit 70% / fwd60d +6.7%.

News: Dividend ₹12 (highest in 12 years) — record date pending post-AGM.

Key risk: Private bank proxy — fully exposed to RBI Fri tone.

RELIANCESTRONG

Structure: Q1 (non-deep) at -7% from POC, but the cleanest Q1 stats today (hit 75% × fwd60d +10.3%). Setup quality > depth.

News: Div ₹6 ex Jun 5 (same day as RBI). 49th AGM Jun 19 — Jio IPO commentary is the catalyst.

Key risk: AGM commentary on Jio IPO timetable could swing the stock 3-5% same-session.

SBINSTRONG

Structure: Q1 at -10% from POC but the highest historical hit rate of the cohort at 83% / fwd60d +9.1%. POC rising +9.6% over 20d = healthy upper structure.

News: Final div ₹17.35 paid Jun 4 (priced in). AGM Jun 18.

Key risk: PSU bank = full direct exposure to RBI Fri tone.

BELLOW

Structure: Shallowest Q1_DEEP at -8% from POC. Hit only 51% / fwd60d +2.1% — weakest tier member; POC trend +6% (rising fast).

News: FY26 profit +14%. Recent ₹608 cr orders. Defence sector momentum.

Key risk: Recent strong 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 decision (rate + tone)	Fri Jun 5, 10:00 IST	Monetary policy	LARGE	Dominant near-term catalyst for all rate-sensitive names. Consensus: hold at 5.25%, neutral-to-mildly-dovish tone.
RELIANCE	Dividend ex ₹6	Jun 5	Dividend	SMALL	~0.5% price adjustment.
TCS	31st AGM (FY27 guidance commentary)	Mon Jun 9	AGM	MEDIUM	IT sector sentiment swing risk.
SBIN	71st AGM	Jun 18	AGM	SMALL	Routine; dividend priced in.
HDFCBANK	Dividend ex ₹13	Jun 19	Dividend	SMALL	~1.7% strike adjustment.
RELIANCE	49th AGM (Jio IPO update)	Jun 19	AGM	LARGE	Material if Jio IPO timetable announced — could swing the stock 3-5%.
M&M	Dividend ex ₹33	Jul 3	Dividend	MEDIUM	~1.1% price adjustment; outside Jun expiry.

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
TCS	Q1 · DEEP	₹2,245	₹3,215	-43.2%	₹2,451	₹3,350
HCLTECH	Q1 · DEEP	₹1,177	₹1,665	-41.4%	₹1,356	₹1,780
HDFCBANK	Q1 · DEEP	₹753.0	₹925.9	-23.0%	₹764.9	₹966.4
M&M	Q1 · DEEP	₹3,007	₹3,630	-20.7%	₹3,136	₹3,778
ETERNAL	MID	₹246.7	₹284.9	-15.5%	₹245.4	₹299.9
SBILIFE	Q1 · DEEP	₹1,782	₹2,016	-13.2%	₹1,878	₹2,105
HINDUNILVR	Q1	₹2,087	₹2,310	-10.7%	₹2,213	₹2,428
ITC	Q1	₹276.8	₹304.2	-9.9%	₹294.6	₹332.4
SBIN	Q1	₹972.2	₹1,068	-9.9%	₹967.0	₹1,115
ICICIBANK	Q1 · DEEP	₹1,243	₹1,365	-9.8%	₹1,273	₹1,430
SHRIRAMFIN	Q1	₹914.0	₹1,000	-9.4%	₹937.4	₹1,071
INDIGO	Q1	₹4,550	₹4,935	-8.5%	₹4,296	₹5,061
BEL	Q1 · DEEP	₹406.4	₹438.7	-7.9%	₹412.3	₹454.7
RELIANCE	Q1	₹1,313	₹1,399	-6.6%	₹1,327	₹1,456
ONGC	Q1	₹268.2	₹285.1	-6.3%	₹258.9	₹298.9
POWERGRID	Q1	₹284.8	₹300.2	-5.4%	₹284.3	₹322.4
HDFCLIFE	MID	₹574.6	₹604.6	-5.2%	₹555.1	₹731.8
MAXHEALTH	Q1	₹966.5	₹1,014	-4.9%	₹949.9	₹1,059
ULTRACEMCO	Q1	₹11,066	₹11,601	-4.8%	₹10,966	₹12,503
BAJFINANCE	MID	₹876.7	₹916.3	-4.5%	₹891.1	₹1,012
TATACONSUM	MID	₹1,143	₹1,182	-3.4%	₹1,100	₹1,203
JIOFIN	MID	₹234.8	₹242.2	-3.1%	₹227.3	₹268.3
LT	Q1	₹3,947	₹4,060	-2.9%	₹3,816	₹4,189
BAJAJFINSV	MID	₹1,736	₹1,774	-2.2%	₹1,627	₹2,010
AXISBANK	MID	₹1,258	₹1,271	-1.1%	₹1,222	₹1,351
BHARTIARTL	MID	₹1,821	₹1,833	-0.6%	₹1,757	₹2,007
DRREDDY	MID	₹1,263	₹1,271	-0.6%	₹1,240	₹1,336
EICHERMOT	MID	₹7,110	₹7,146	-0.5%	₹6,853	₹7,425
NTPC	MID	₹366.3	₹367.6	-0.3%	₹356.1	₹407.9
TITAN	MID	₹4,082	₹4,086	-0.1%	₹3,912	₹4,301
MARUTI	MID	₹13,038	₹13,018	+0.2%	₹12,253	₹15,147
WIPRO	MID	₹203.9	₹203.4	+0.2%	₹186.5	₹237.2
TATASTEEL	MID	₹211.4	₹210.2	+0.5%	₹189.1	₹217.7
TECHM	MID	₹1,470	₹1,459	+0.7%	₹1,318	₹1,587
KOTAKBANK	MID	₹382.4	₹378.1	+1.1%	₹345.5	₹423.0
JSWSTEEL	MID	₹1,308	₹1,272	+2.7%	₹1,163	₹1,300
CIPLA	MID	₹1,371	₹1,325	+3.4%	₹1,247	₹1,472
TRENT	MID	₹4,242	₹4,090	+3.6%	₹3,816	₹4,329
COALINDIA	MID	₹474.2	₹457.1	+3.6%	₹425.9	₹473.1
INFY	MID	₹1,220	₹1,175	+3.8%	₹1,089	₹1,594
SUNPHARMA	MID	₹1,787	₹1,720	+3.8%	₹1,666	₹1,826
BAJAJ-AUTO	MID	₹10,235	₹9,786	+4.4%	₹8,902	₹9,928
NESTLEIND	MID	₹1,387	₹1,306	+5.8%	₹1,176	₹1,325
ASIANPAINT	MID	₹2,650	₹2,430	+8.3%	₹2,350	₹2,811
TMPV	MID	₹398.0	₹355.9	+10.6%	₹335.0	₹379.1
GRASIM	Q5	₹3,098	₹2,747	+11.3%	₹2,711	₹2,961
APOLLOHOSP	Q5	₹8,299	₹7,081	+14.7%	₹7,004	₹7,800
HINDALCO	Q5	₹1,140	₹932.9	+18.1%	₹810.6	₹1,012
ADANIPORTS	Q5	₹1,802	₹1,379	+23.5%	₹1,333	₹1,597
ADANIENT	Q5	₹2,929	₹2,230	+23.9%	₹1,842	₹2,337

Nifty 50 sector stress map, 03 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.