30 Oct 2026 | 5 Mins Read
Market breadth narrows as advance-decline ratio falls to lowest in 7 months
Flipitmoney
In October, the stock market's advance-to-decline ratio fell to a seven-month low of 0.9, signaling weak market breadth despite Sensex and Nifty gains of 2.3% and 1.4%. The BSE MidCap 150 and SmallCap 250 indices dropped 3% and 4.2%. Jio Platforms IPO, profit-booking, rising energy costs, and global uncertainties contributed to selective investor sentiment and declining mid- and small-cap stocks.