Markets◆ Mixed
Nifty set to log 3rd longest technical correction; shallowest in history
· Business Standard Mkts
The Nifty on Friday is set to register its longest time-wise technical correction (trade below long-term average) since Jan 2012, totalling 160 days. Index is below its 200-DMA since Feb 27, 2026.
Key facts
- Dates in focus
- Feb 27
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.