Each view serves a different purpose and provides a unique perspective on market performance. By switching between these views and selecting different timeframes, you can identify market trends, compare performance, and understand what is driving market movements.
| Basis of Comparison | Broad | Thematic | Global |
|---|---|---|---|
| Meaning | Performance of major Indian market indices representing different market segments. | Performance of theme-based and sector-focused indices. | Performance of major international market indices across different countries and regions. |
| Example for indices | NIFTY 50, NIFTY Next 50, NIFTY Midcap, NIFTY Smallcap, NIFTY Bank, and other broad market indices available in the heatmap. | Nifty India Digital, Nifty Commodities, Nifty CPSE, Nifty MNC, Nifty100 ESG, BSE PSU, and other thematic indices available in the heatmap. | S&P 500, Nasdaq, DJIA, FTSE 100, DAX, Nikkei 225, Hang Seng, CAC 40, Taiwan Index, Gift Nifty, and other global indices available in the heatmap. |
| Primary purpose | Understand overall market performance and participation. | Identify themes or sectors showing relative strength or weakness. | Monitor global market sentiment and international market trends. |
In the Broad heatmap view, if NIFTY 50, NIFTY Midcap, and NIFTY Smallcap indices are all displayed in green with positive returns, it may indicate broad-based strength across the Indian market.
In the Thematic heatmap view, if the Nifty India Digital index shows stronger gains than other thematic indices, it may indicate increased investor interest in digital and technology-related companies.
In the Global heatmap view, if major indices such as the S&P 500, Nasdaq, and Nikkei 225 are displayed in green and showing gains, it may indicate positive sentiment across global markets.
Using all three views together helps you understand the market from different angles.
To get a complete market perspective, begin with the Global view to understand how international markets are performing, then review the Broad view to assess the overall direction of the Indian market. Finally, explore the Thematic view to identify which sectors or themes are showing strength or weakness.
Suppose the S&P 500 and Nasdaq are trading higher in the Global view. In the Broad view, NIFTY 50 and NIFTY Midcap are also gaining. When you switch to the Thematic view, you notice that the Nifty India Digital index is outperforming.
This suggests that positive global sentiment may be supporting the Indian market, while digital-focused stocks are leading the gains.
| Scenario | Explanation |
|---|---|
| The broad indices are positive, but most thematic indices are negative. | This may indicate that gains are concentrated in a few large indices or sectors rather than being widespread across themes. Reviewing both views together can help you determine whether market strength is broad-based or limited to specific segments. |
| Global indices are falling while Indian indices are rising | This may suggest that domestic factors are supporting the Indian market despite weak global sentiment. Comparing the Global and Broad views can help you identify such divergences. |
| One thematic index is significantly outperforming others | It may indicate stronger investor interest in that particular theme or sector. You can use the Thematic view to identify areas that are attracting market attention relative to other themes. |
Last updated: 03 Jun