Because the stock market changes at risk behind the concerns of omicrons and tightening interest rates faster by the US, the widening narrowing in the market seems to lend more confidence in negative sentiments that arise throughout the market. While Nifty 50 continued to trade 18.5% higher year-to-date, more than 50 percent of the shares in the BSE 500 index have violated the average of their 200-day simple moves, showing a clear drop trend, a study with a MoneyControl event. The interactive chart below will help you dive in how stocks slip under their strong technical zone, sector-by-sectors and companies-by-company.

On Monday itself, when Nifty spilled 371 points, or 2.18%, as many as 24 stock index violated 200-DMA. Meanwhile, several BSE500 shares such as pharmaceutical science, a series of scientific, financial services Ujjivan, Solara Active Pharma Sciences, and Indian Graphite traded 30 percent below their 200-DMA. And 80 shares traded 10-20 percent below their 200-DMA.

From the BSE 500 index, 438 shares slipped under 20 DMA, 429 shares fell below 50 DMA and 360 shares closed below 100 DMA – indicators of increasing weaknesses and trend reversal.