Nifty Alpha 50: relative strength and momentum
Factor. Compared with Nifty 500 TRI.
As of 2026-10-23, Nifty Alpha 50 has an ArthaNiti relative-strength score of 60 out of 100 (neutral) against Nifty 500 TRI, in the Falling behind phase (losing ground, and faster); the score moved -24 points in four weeks. Returns use ETF NAV.
1 week−7.3%
1 month−10.2%
3 months−7.1%
6 months−2.8%
1 year0.0%
3 years, a year−63.6%
5 years, a year–
Volatility, 1 year19.4%
Worst fall, 1 year−14.3%
Above 200-day averageNo
What is inside Nifty Alpha 50: holdings and weights
Nifty Alpha 50 holds 50 stocks; the top 10 make up 42% of the index. 42% of its stocks trade above their 200-day average.
- 21 of 50 stocks (42%) are above their 200-day average — narrow participation.
- Short-term breadth (10% above 50-day) is fading faster than long-term — momentum is cooling.
- Top 10 stocks are 42% of the index; half the weight sits in 16 stocks.
- Biggest 1-month driver: Cupid Ltd. (+18.7%).
- Largest group: Capital Goods — 11 stocks, about 26% of the weight.
| Stock | Industry | Weight | 3 months | Momentum score |
|---|---|---|---|---|
| CUPID Cupid Ltd. | Fast Moving Consumer Goods | 7.35% | +47.0% | 96 |
| STLTECH Sterlite Technologies Ltd. | Telecommunication | 6.19% | +50.6% | 97 |
| MTARTECH MTAR Technologies Ltd. | Capital Goods | 5.67% | +10.0% | 78 |
| HFCL HFCL Ltd. | Telecommunication | 4.24% | +16.0% | 92 |
| ATHERENERG Ather Energy Ltd. | Automobile and Auto Components | 3.83% | +11.9% | 83 |
| TDPOWERSYS TD Power Systems Ltd. | Capital Goods | 3.60% | +12.3% | 74 |
| WELCORP Welspun Corp Ltd. | Capital Goods | 3.06% | +48.1% | 93 |
| KIRLOSENG Kirloskar Oil Eng Ltd. | Capital Goods | 2.82% | −18.1% | 68 |
| MCX Multi Commodity Exchange of India Ltd. | Financial Services | 2.55% | +9.7% | 78 |
| APARINDS Apar Industries Ltd. | Capital Goods | 2.54% | +7.1% | 74 |
ETFs that track Nifty Alpha 50
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