Daily Market Profile scan · Nifty 50

The index is -10.1% from its 6-month POC.

21 of 50 Nifty constituents are trading below value today — 8 of them deeply oversold. Here's the full structural picture: spot vs POC, value areas, and the mean-reversion tiers.

Data as of 04 Jun 2026 close (IST)

Last updated 04 Jun 2026, 19:03 IST

📁 Archived snapshot. See today's scan →

Nifty 50 spot

23,438.0

last close

6-month POC

25,794.9

fair-value anchor

Distance from POC

-10.1%

deeply oversold

Oversold names

21 / 50

8 deeply oversold

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

📊 Today's read

Nifty closed 23,438, -10.06% from 6M POC ₹25,795 — third straight session in Q1_DEEP. RBI MPC verdict lands tomorrow at 10 AM IST (consensus = third straight hold at 5.25%). Breadth is wide: 8 names in Q1_DEEP, 13 in Q1. Nifty IT is -25% YTD on the OpenAI/Anthropic 'Deployment Co' enterprise-services launches (May). Setup quality is broad; the 24-hour calendar (RBI binary + corporate-action ex-dates) is the constraint, not the structure.

Nifty 50 POC distance heatmap, 04 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	TRENT	Q1 · DEEP	BROKEN	₹2,841	₹4,089	-43.9%	+43.9%	3,802.7 – 4,326.8	72%	+9.4%	LOW
2	TCS	Q1 · DEEP	LOW	₹2,243	₹3,215	-43.3%	+43.3%	2,446.6 – 3,350.0	54%	+1.7%	HIGH
3	HCLTECH	Q1 · DEEP	LOW	₹1,174	₹1,665	-41.9%	+41.9%	1,353.8 – 1,780.1	67%	+7.9%	MED
4	HDFCBANK	Q1 · DEEP	LOW	₹753.2	₹925.9	-22.9%	+22.9%	763.6 – 957.2	66%	+4.7%	HIGH
5	M&M	Q1 · DEEP	STRONG	₹3,025	₹3,630	-20.0%	+20.0%	3,132.0 – 3,777.6	61%	+8.8%	LOW
6	SBILIFE	Q1 · DEEP	MODERATE	₹1,769	₹2,016	-14.0%	+14.0%	1,874.3 – 2,105.3	74%	+7.4%	MED
7	ICICIBANK	Q1 · DEEP	LOW	₹1,253	₹1,365	-8.9%	+8.9%	1,271.7 – 1,429.5	70%	+6.7%	HIGH
8	BEL	Q1 · DEEP	LOW	₹410.1	₹438.7	-7.0%	+7.0%	412.3 – 454.7	51%	+2.1%	LOW
9	BAJAJFINSV	Q1	MODERATE	₹1,715	₹2,047	-19.4%	+19.4%	1,774.8 – 2,087.6	72%	+13.6%	MED
10	HINDUNILVR	Q1	—	₹2,081	₹2,310	-11.0%	+11.0%	2,205.3 – 2,428.4	68%	+4.3%	HIGH
11	INDIGO	Q1	—	₹4,520	₹4,933	-9.1%	+9.1%	4,316.1 – 5,063.9	50%	+3.2%	LOW
12	SBIN	Q1	—	₹979.2	₹1,068	-9.1%	+9.1%	968.2 – 1,115.0	83%	+9.1%	HIGH
13	SHRIRAMFIN	Q1	—	₹917.0	₹1,000	-9.1%	+9.1%	938.5 – 1,070.8	68%	+9.1%	LOW
14	ITC	Q1	—	₹280.2	₹304.0	-8.5%	+8.5%	295.0 – 332.3	62%	+3.0%	HIGH
15	RELIANCE	Q1	MODERATE	₹1,308	₹1,399	-7.0%	+7.0%	1,327.3 – 1,456.0	75%	+10.3%	HIGH
16	ONGC	Q1	—	₹268.0	₹285.1	-6.4%	+6.4%	258.9 – 298.6	59%	+3.6%	MED
17	ULTRACEMCO	Q1	—	₹11,000	₹11,679	-6.2%	+6.2%	10,965.5 – 12,502.9	76%	+7.6%	MED
18	POWERGRID	Q1	—	₹285.3	₹300.2	-5.2%	+5.2%	284.3 – 322.4	58%	+2.8%	MED
19	MAXHEALTH	Q1	—	₹968.0	₹1,014	-4.7%	+4.7%	951.6 – 1,058.9	70%	+8.2%	LOW
20	LT	Q1	—	₹3,948	₹4,060	-2.8%	+2.8%	3,815.7 – 4,188.9	69%	+4.5%	HIGH
21	BHARTIARTL	Q1	—	₹1,820	₹1,833	-0.7%	+0.7%	1,756.6 – 2,005.6	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.

TRENTBROKEN

Structure: Q1_DEEP -43.9% from 6M POC — but the gap is a POC discontinuity from the 1:2 bonus corporate action. POC still reflects pre-adjustment prices; the dislocation is mechanical, not a real signal.

News: Citi SELL, Goldman NEUTRAL on rich valuation (P/E ~94) and decelerating same-store sales growth; board approved enabling resolution for ₹2,500 cr equity raise.

Key risk: Wait 5-7 sessions for POC to re-fit on the adjusted series before treating TRENT as a real Q1_DEEP signal.

TCSLOW

Structure: Q1_DEEP -43.3% from 6M POC — real fundamental derate, not noise. Hist Q1 hit 54%, fwd60d +1.7%.

News: OpenAI + Anthropic launched dedicated enterprise 'Deployment Co' entities in May, structurally threatening IT-services revenue. Q1 FY27 results + guidance ~July 9-10.

Key risk: Binary earnings event mid-hold window; IV-crush risk around the print day.

HCLTECHLOW

Structure: Q1_DEEP -41.9% from 6M POC. Hist Q1 hit 67%, fwd60d +7.9%. Same sector-derate story as TCS.

News: FY27 guide just 1-4% CC growth, EBIT 17.5-18.5%; flagged client softness in telecom + manufacturing + retail. MarketsMOJO downgraded Hold→Sell after Q4.

Key risk: Q1 print ~July 14-15 falls mid-hold-window. Sector relief depends on TCS print landing well first.

M&MSTRONG

Structure: Q1_DEEP -20.0% from 6M POC. Hist Q1 hit 60.5%, fwd60d +8.8% — the cleanest fundamental tailwind on today's Q1_DEEP board.

News: May 2026 sales +20% YoY (SUVs +11%, tractors +23%, 3W +89%). Final dividend ₹33 (+30% YoY) declared; ex-date July 3. June sales print expected ~July 1.

Key risk: Supply-chain constraints at tier-2/3 suppliers still cap upside. Q1 print late-July to early-Aug.

HDFCBANKLOW

Structure: Q1_DEEP -22.9% from 6M POC. Hist Q1 hit 65.6%, fwd60d +4.7%. Fundamentals fine — weakness is broad-tape financial-sector pullback, not name-specific.

News: Q4 PAT ₹19,221 cr (+9.1%), GNPA improved to 1.15%, deposits +14.4%, advances +12%. Final dividend ₹13/share ex-date June 19.

Key risk: RBI MPC verdict tomorrow is a binary catalyst for the entire banking sector.

BAJAJFINSVMODERATE

Structure: Q1 -19.4% from 6M POC. Hist Q1 hit 72%, fwd60d +13.6% — best Q1 candidate by edge × hit on today's board.

News: FY26 record results — total income ₹1.50 lakh cr (+13%), PAT ₹9,801 cr (+10%). Completed Allianz exit (now 77.33% in life + general insurance). Dividend ₹1.50, ex-date June 30.

Key risk: Allianz post-exit execution risk; sector NBFC pullback feeds the gap.

SBILIFEMODERATE

Structure: Q1_DEEP -14.0% from 6M POC. Hist Q1 hit 74.3% (best hit rate among Q1_DEEP names), fwd60d +7.4%. Quiet name; sector-pullback gap.

News: Q4 new business premium +20%, shift to protection. Mgmt guides ~14% long-term growth despite GST/Labor Code headwinds.

Key risk: Q1 print ~third week July; no clear catalyst before that to compress the gap.

ICICIBANKLOW

Structure: Q1_DEEP -8.9% from 6M POC. Hist Q1 hit 70.5%, fwd60d +6.7%. Just past the Q05 threshold.

News: Q4 PAT ₹13,702 cr (+8.5%), FY26 PAT ₹50,147 cr (+6.2%), NIM 4.32%, GNPA 1.40%. Dividend ₹12/share (up from ₹11) declared.

Key risk: RBI tomorrow is the binary; setup mirrors HDFCBANK on the sector side.

RELIANCEMODERATE

Structure: Q1 -7.0% from 6M POC. Hist Q1 hit 74.8%, fwd60d +10.3%. AGM June 19 is the dominant near-term catalyst.

News: 49th AGM confirmed June 19 — Jio IPO timeline announcement expected. Dividend ₹6 ex-date June 5 (tomorrow). FY26 revenue ₹11.76 lakh cr (+10%).

Key risk: AGM binary; if Jio IPO timeline disappoints, gap widens. Ex-div drop ~0.5% on Friday.

BELLOW

Structure: Q1_DEEP -7.0% from 6M POC, just past Q05 — shallow tier. Hist Q1 hit 50.5%, fwd60d +2.1%.

News: Order book ₹73,882 cr as of Apr 1 (+₹608 cr since May 5). FY26 revenue +16.1% to ₹27,480 cr, PAT +14.4%. Latest defence order ₹52.82 cr to Paras Defence.

Key risk: Shallow gap + LOW option liquidity; Q1 print early Aug — no urgency to enter.

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
NIFTY	RBI MPC verdict (consensus: third straight hold at 5.25%)	Jun 5	Macro	LARGE	Binary catalyst for banks, NBFCs, and broad-tape risk appetite at the open.
RELIANCE	Ex-dividend ₹6	Jun 5	Dividend	SMALL	~0.5% price drop on ex-date; mostly priced into option premiums.
HDFCBANK	Ex-dividend ₹13	Jun 19	Dividend	SMALL	~1.7% price drop on ex-date; minor net hit on July CE spreads.
RELIANCE	49th AGM (Jio IPO timeline expected)	Jun 19	AGM	LARGE	Binary positive — Jio IPO confirmation could compress the Q1 gap meaningfully.
M&M	Ex-dividend ₹33	Jul 3	Dividend	SMALL	Affects 26JUL legs only.
TCS	Q1 FY27 results + guidance	~Jul 9-10	Earnings	LARGE	Sector kick-off print; defines the IT-spending narrative for July.
HCLTECH	Q1 FY27 results + interim dividend	~Jul 14-15	Earnings	LARGE	Follows TCS; if guidance softens further, sector tests fresh lows.
HDFCBANK	Q1 FY27 results	Mid-to-late Jul	Earnings	MEDIUM	On-thesis banking print expected.
ICICIBANK	Q1 FY27 results	Late Jul	Earnings	MEDIUM	Banking sector beat-pattern intact.

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
TRENT	Q1 · DEEP	₹2,841	₹4,089	-43.9%	₹3,803	₹4,327
TCS	Q1 · DEEP	₹2,243	₹3,215	-43.3%	₹2,447	₹3,350
HCLTECH	Q1 · DEEP	₹1,174	₹1,665	-41.9%	₹1,354	₹1,780
HDFCBANK	Q1 · DEEP	₹753.2	₹925.9	-22.9%	₹763.6	₹957.2
M&M	Q1 · DEEP	₹3,025	₹3,630	-20.0%	₹3,132	₹3,778
BAJAJFINSV	Q1	₹1,715	₹2,047	-19.4%	₹1,775	₹2,088
SBILIFE	Q1 · DEEP	₹1,769	₹2,016	-14.0%	₹1,874	₹2,105
ETERNAL	MID	₹254.4	₹284.9	-12.0%	₹245.4	₹299.9
HINDUNILVR	Q1	₹2,081	₹2,310	-11.0%	₹2,205	₹2,428
INDIGO	Q1	₹4,520	₹4,933	-9.1%	₹4,316	₹5,064
SBIN	Q1	₹979.2	₹1,068	-9.1%	₹968.2	₹1,115
SHRIRAMFIN	Q1	₹917.0	₹1,000	-9.1%	₹938.5	₹1,071
ICICIBANK	Q1 · DEEP	₹1,253	₹1,365	-8.9%	₹1,272	₹1,430
ITC	Q1	₹280.2	₹304.0	-8.5%	₹295.0	₹332.3
RELIANCE	Q1	₹1,308	₹1,399	-7.0%	₹1,327	₹1,456
BEL	Q1 · DEEP	₹410.1	₹438.7	-7.0%	₹412.3	₹454.7
ONGC	Q1	₹268.0	₹285.1	-6.4%	₹258.9	₹298.6
ULTRACEMCO	Q1	₹11,000	₹11,679	-6.2%	₹10,966	₹12,503
HDFCLIFE	MID	₹573.9	₹604.6	-5.4%	₹555.1	₹730.9
POWERGRID	Q1	₹285.3	₹300.2	-5.2%	₹284.3	₹322.4
MAXHEALTH	Q1	₹968.0	₹1,014	-4.7%	₹951.6	₹1,059
BAJFINANCE	MID	₹877.0	₹916.2	-4.5%	₹892.1	₹1,012
TATACONSUM	MID	₹1,147	₹1,182	-3.1%	₹1,100	₹1,203
LT	Q1	₹3,948	₹4,060	-2.8%	₹3,816	₹4,189
JIOFIN	MID	₹237.0	₹242.2	-2.2%	₹227.3	₹267.6
AXISBANK	MID	₹1,255	₹1,271	-1.3%	₹1,222	₹1,351
BHARTIARTL	Q1	₹1,820	₹1,833	-0.7%	₹1,757	₹2,006
NTPC	MID	₹365.0	₹367.6	-0.7%	₹356.9	₹407.9
MARUTI	MID	₹13,079	₹13,142	-0.5%	₹12,253	₹15,127
DRREDDY	MID	₹1,269	₹1,271	-0.2%	₹1,240	₹1,336
TATASTEEL	MID	₹210.7	₹210.2	+0.2%	₹189.4	₹217.7
EICHERMOT	MID	₹7,140	₹7,125	+0.2%	₹6,853	₹7,425
WIPRO	MID	₹204.0	₹203.6	+0.2%	₹186.7	₹236.7
KOTAKBANK	MID	₹382.7	₹378.1	+1.2%	₹345.5	₹422.6
TECHM	MID	₹1,487	₹1,459	+1.9%	₹1,318	₹1,587
JSWSTEEL	MID	₹1,303	₹1,272	+2.3%	₹1,164	₹1,301
INFY	MID	₹1,206	₹1,175	+2.6%	₹1,089	₹1,594
SUNPHARMA	MID	₹1,782	₹1,720	+3.5%	₹1,665	₹1,825
TITAN	MID	₹4,250	₹4,086	+3.9%	₹3,918	₹4,301
COALINDIA	MID	₹481.4	₹457.1	+5.0%	₹425.9	₹473.6
NESTLEIND	MID	₹1,382	₹1,306	+5.4%	₹1,172	₹1,325
CIPLA	MID	₹1,402	₹1,325	+5.5%	₹1,255	₹1,472
BAJAJ-AUTO	MID	₹10,364	₹9,786	+5.6%	₹8,885	₹9,928
ASIANPAINT	MID	₹2,658	₹2,430	+8.6%	₹2,350	₹2,808
GRASIM	Q5	₹3,100	₹2,747	+11.4%	₹2,708	₹2,964
TMPV	Q5	₹400.4	₹350.9	+12.3%	₹335.0	₹380.0
APOLLOHOSP	Q5	₹8,265	₹7,081	+14.3%	₹7,004	₹7,807
HINDALCO	Q5	₹1,125	₹932.9	+17.1%	₹810.6	₹1,016
ADANIPORTS	Q5	₹1,793	₹1,379	+23.1%	₹1,333	₹1,602
ADANIENT	Q5	₹2,978	₹2,230	+25.1%	₹1,832	₹2,337

Nifty 50 sector stress map, 04 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.