Daily Market Profile scan · Nifty 50

The index is -11.7% from its 6-month POC.

20 of 50 Nifty constituents are trading below value today — 6 of them deeply oversold. Here's the full structural picture: spot vs POC, value areas, and the mean-reversion tiers.

Data as of 08 Jun 2026 close (IST)

Last updated 08 Jun 2026, 16:44 IST

📁 Archived snapshot. See today's scan →

Nifty 50 spot

23,103.7

last close

6-month POC

25,812.0

fair-value anchor

Distance from POC

-11.7%

deeply oversold

Oversold names

20 / 50

6 deeply oversold

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

📊 Today's read

Nifty closed at 23,104 — 11.7% below the 6M POC (25,812), printing Q1_DEEP. Iran-Israel escalation drove a -0.7% session, with Wipro (-5.6%), Indigo (-2.6%) and IT bearing most of the bleed. 20 of 49 large-caps oversold (6 Q1_DEEP + 14 Q1), with INDIGO and WIPRO joining intraday and ONGC dropping out. RBI's Jun 5 MPC (5.25%, neutral) is already priced. Structurally this is the deepest broad-tape Q1_DEEP this cycle, but the live geopolitical binary penalises fresh exposure.

Nifty 50 POC distance heatmap, 08 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	₹2,155	₹3,218	-49.3%	+49.3%	2,437.7 – 3,354.3	54%	+1.7%	HIGH
2	HCLTECH	Q1 · DEEP	STRONG	₹1,151	₹1,665	-44.7%	+44.7%	1,350.5 – 1,782.0	67%	+7.9%	MED
3	HDFCBANK	Q1 · DEEP	STRONG	₹738.4	₹925.9	-25.4%	+25.4%	763.4 – 956.7	66%	+4.7%	HIGH
4	SBILIFE	Q1 · DEEP	LOW	₹1,768	₹2,017	-14.1%	+14.1%	1,871.7 – 2,103.8	74%	+7.4%	MED
5	ICICIBANK	Q1 · DEEP	STRONG	₹1,250	₹1,364	-9.1%	+9.1%	1,272.3 – 1,436.3	70%	+6.7%	HIGH
6	BEL	Q1 · DEEP	MODERATE	₹412.0	₹439.0	-6.6%	+6.6%	409.1 – 450.1	51%	+2.1%	LOW
7	INDIGO	Q1	—	₹4,375	₹4,948	-13.1%	+13.1%	4,292.4 – 5,031.2	50%	+3.2%	LOW
8	WIPRO	Q1	—	₹181.7	₹203.5	-12.0%	+12.0%	182.6 – 235.5	48%	+1.1%	MED
9	SHRIRAMFIN	Q1	—	₹894.4	₹1,000	-11.8%	+11.8%	921.1 – 1,049.4	68%	+9.1%	LOW
10	RELIANCE	Q1	MODERATE	₹1,263	₹1,401	-11.0%	+11.0%	1,330.9 – 1,460.1	75%	+10.3%	HIGH
11	HINDUNILVR	Q1	—	₹2,110	₹2,311	-9.5%	+9.5%	2,196.4 – 2,429.9	68%	+4.3%	HIGH
12	SBIN	Q1	—	₹980.0	₹1,068	-9.0%	+9.0%	970.4 – 1,114.3	83%	+9.1%	HIGH
13	ULTRACEMCO	Q1	—	₹10,770	₹11,694	-8.6%	+8.6%	10,915.1 – 12,473.1	76%	+7.6%	MED
14	TATACONSUM	Q1	—	₹1,106	₹1,180	-6.6%	+6.6%	1,100.9 – 1,202.7	78%	+9.9%	LOW
15	BAJAJFINSV	Q1	—	₹1,666	₹1,773	-6.4%	+6.4%	1,626.9 – 2,004.8	72%	+13.6%	MED
16	ITC	Q1	—	₹280.0	₹296.2	-5.8%	+5.8%	287.2 – 322.3	62%	+3.0%	HIGH
17	M&M	Q1	—	₹2,970	₹3,131	-5.4%	+5.4%	2,939.0 – 3,541.5	61%	+8.8%	LOW
18	LT	Q1	—	₹3,870	₹4,054	-4.7%	+4.7%	3,821.3 – 4,190.1	69%	+4.5%	HIGH
19	POWERGRID	Q1	—	₹290.6	₹300.4	-3.4%	+3.4%	280.9 – 320.4	58%	+2.8%	MED
20	NTPC	Q1	—	₹360.9	₹367.3	-1.8%	+1.8%	356.2 – 405.1	64%	+3.8%	MED

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: Q1_DEEP at -49.3% — deepest IT dislocation on the board. Q4 FY26 closed strong with $12B TCV; Jun deal-flow positive.

News: Jun 3 Euroclear Sweden CSD modernisation expansion; Jun 4 Nokian Tyres AI-led IT transformation deal.

Key risk: IT-sector derate continues; spot has 14%+ to traverse for any near-month structure to print.

HCLTECHSTRONG

Structure: Q1_DEEP at -44.7% — second-deepest IT print. FY26 done clean, ₹60 div, AI revenue annualised at $620M.

News: Autonomous Finance Platform launched; Pegasystems collab.

Key risk: Same IT-sector overhang as TCS; needs a sentiment reset to mean-revert.

HDFCBANKSTRONG

Structure: Q1_DEEP at -25.4%. Q4 profit +9% to ₹19,221 cr, NPA improved.

News: ₹13 final dividend declared, record date Jun 19.

Key risk: Ex-date ~Jun 18 (~1.76% of price, minor). Bigger risk: financials following IT lower on sustained risk-off.

SBILIFELOW

Structure: Q1_DEEP at -14.1%, but the news stack is negative.

News: Cancelled Jun 4 + Jun 8 investor conferences ('exigency'); Q4 PBDIT loss worst in recent quarters; MarketsMojo SELL.

Key risk: Cancelled-conference signal often precedes negative disclosure; depth alone doesn't override flagged-news downgrade.

ICICIBANKSTRONG

Structure: Q1_DEEP at -9.1%. One of the strongest tape-relative banks despite Q1_DEEP print.

News: Jun 1 SEBI warning on FPI repatriation lapse, disclosed as no material impact.

Key risk: Second compliance issue would reset narrative; today's tape pulls financials with global risk-off.

BELMODERATE

Structure: Q1_DEEP at -6.6%. Order book ₹73,882 cr; QRSAM contract signing expected Jul → real catalyst.

News: ₹608 cr orders added since May 5; FY27 target ₹55,000 cr inflows.

Key risk: LOW option liquidity blocks a clean spread structure even with the catalyst lined up.

RELIANCEMODERATE

Structure: Q1 at -10.9% (deepened today). 49th AGM Jun 19 with Jio IPO update expected — material catalyst within standard hold window.

News: ₹6 dividend (record Jun 5 already past); FY26 revenue ₹11.76 lakh cr (+10%).

Key risk: AGM disappointment on Jio IPO timeline would invalidate the catalyst thesis.

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	Iran-Israel escalation (live)	Jun 8 onwards	Geopolitical	LARGE	Risk-off tape; option IVs rising; defer fresh opens until binary resolves.
TATACONSUM	63rd AGM	Jun 10	AGM	SMALL	Dividend ex-date already passed (May 25); AGM tone watches consumer-volume narrative.
HDFCBANK	Ex-dividend ₹13 (record Jun 19)	~Jun 18	Dividend	SMALL	1.76% of price; net spread hit ~₹2-5/share; mostly priced in.
RELIANCE	49th AGM + Jio IPO update	Jun 19	AGM	MEDIUM-LARGE	Material catalyst — Jio IPO clarity moves the stock either way.
INDIGO	6 international routes suspended	Jul 1 - Sep 30	Operational	MEDIUM	Bearish near-term; FY26 net loss ₹2,392 cr backdrop.
BEL	QRSAM contract signing	~Jul 2026	Order	LARGE	Order-book accretion catalyst; needs option liquidity to monetise.

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	₹2,155	₹3,218	-49.3%	₹2,438	₹3,354
HCLTECH	Q1 · DEEP	₹1,151	₹1,665	-44.7%	₹1,351	₹1,782
HDFCBANK	Q1 · DEEP	₹738.4	₹925.9	-25.4%	₹763.4	₹956.7
ETERNAL	MID	₹247.4	₹284.9	-15.1%	₹245.6	₹299.7
SBILIFE	Q1 · DEEP	₹1,768	₹2,017	-14.1%	₹1,872	₹2,104
INDIGO	Q1	₹4,375	₹4,948	-13.1%	₹4,292	₹5,031
WIPRO	Q1	₹181.7	₹203.5	-12.0%	₹182.6	₹235.5
SHRIRAMFIN	Q1	₹894.4	₹1,000	-11.8%	₹921.1	₹1,049
RELIANCE	Q1	₹1,263	₹1,401	-11.0%	₹1,331	₹1,460
HINDUNILVR	Q1	₹2,110	₹2,311	-9.5%	₹2,196	₹2,430
ICICIBANK	Q1 · DEEP	₹1,250	₹1,364	-9.1%	₹1,272	₹1,436
SBIN	Q1	₹980.0	₹1,068	-9.0%	₹970.4	₹1,114
ULTRACEMCO	Q1	₹10,770	₹11,694	-8.6%	₹10,915	₹12,473
HDFCLIFE	MID	₹563.0	₹604.3	-7.3%	₹555.1	₹727.9
TATACONSUM	Q1	₹1,106	₹1,180	-6.6%	₹1,101	₹1,203
BEL	Q1 · DEEP	₹412.0	₹439.0	-6.6%	₹409.1	₹450.1
BAJAJFINSV	Q1	₹1,666	₹1,773	-6.4%	₹1,627	₹2,005
JIOFIN	MID	₹228.2	₹242.3	-6.2%	₹227.3	₹265.8
ITC	Q1	₹280.0	₹296.2	-5.8%	₹287.2	₹322.3
BAJFINANCE	MID	₹870.0	₹917.6	-5.5%	₹891.3	₹1,012
M&M	Q1	₹2,970	₹3,131	-5.4%	₹2,939	₹3,542
LT	Q1	₹3,870	₹4,054	-4.7%	₹3,821	₹4,190
TATASTEEL	MID	₹202.0	₹210.2	-4.1%	₹190.0	₹217.7
POWERGRID	Q1	₹290.6	₹300.4	-3.4%	₹280.9	₹320.4
NTPC	Q1	₹360.9	₹367.3	-1.8%	₹356.2	₹405.1
EICHERMOT	MID	₹7,031	₹7,120	-1.3%	₹6,860	₹7,422
JSWSTEEL	MID	₹1,258	₹1,272	-1.1%	₹1,170	₹1,301
MARUTI	MID	₹12,890	₹13,020	-1.0%	₹12,243	₹15,101
BHARTIARTL	MID	₹1,820	₹1,832	-0.6%	₹1,756	₹2,003
MAXHEALTH	MID	₹1,008	₹1,014	-0.6%	₹954.9	₹1,061
KOTAKBANK	MID	₹376.9	₹378.9	-0.5%	₹345.5	₹422.5
TRENT	MID	₹2,712	₹2,725	-0.5%	₹2,547	₹2,888
AXISBANK	MID	₹1,267	₹1,271	-0.3%	₹1,222	₹1,351
ONGC	MID	₹264.6	₹264.9	-0.1%	₹259.0	₹298.2
DRREDDY	MID	₹1,275	₹1,271	+0.4%	₹1,240	₹1,334
INFY	MID	₹1,187	₹1,174	+1.1%	₹1,089	₹1,591
TITAN	MID	₹4,187	₹4,088	+2.4%	₹3,930	₹4,303
TECHM	MID	₹1,500	₹1,460	+2.7%	₹1,320	₹1,587
BAJAJ-AUTO	MID	₹10,180	₹9,796	+3.8%	₹8,855	₹9,931
SUNPHARMA	MID	₹1,792	₹1,718	+4.1%	₹1,666	₹1,823
CIPLA	MID	₹1,386	₹1,324	+4.5%	₹1,267	₹1,471
NESTLEIND	MID	₹1,400	₹1,306	+6.7%	₹1,166	₹1,329
COALINDIA	MID	₹464.7	₹431.3	+7.2%	₹415.5	₹464.6
APOLLOHOSP	MID	₹8,355	₹7,751	+7.2%	₹6,998	₹7,827
GRASIM	MID	₹3,060	₹2,832	+7.4%	₹2,703	₹2,968
ASIANPAINT	MID	₹2,655	₹2,424	+8.7%	₹2,349	₹2,798
TMPV	MID	₹388.5	₹351.0	+9.6%	₹335.4	₹381.5
HINDALCO	MID	₹1,053	₹932.7	+11.4%	₹830.6	₹1,031
ADANIPORTS	Q5	₹1,796	₹1,376	+23.4%	₹1,322	₹1,605
ADANIENT	Q5	₹2,965	₹2,232	+24.7%	₹1,788	₹2,338

Nifty 50 sector stress map, 08 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.