Market MoodIndex
A 0–100 fear & greed gauge for the Indian market — seven sentiment inputs (FII positioning, VIX, option skew, momentum, breadth, 52-week strength and gold demand), each normalised against its own 45-day history and averaged into one transparent dial.
What the Market Mood Index shows
A transparent 0–100 fear & greed gauge for the Indian market. Seven sentiment inputs — FII positioning, India VIX, option skew, Nifty momentum, market breadth, 52-week strength and gold demand — are each scored against their own 45-trading-day history and averaged with equal weight into one dial. Greed reads up, fear reads down, and every component's score is shown so you can see exactly what is driving the number.
How to read it
- The dial (0–100) — four zones — Extreme Fear, Fear, Greed, Extreme Greed. Sentiment extremes have historically been where markets bottomed out and topped out, so the edges matter more than the middle.
- Seven components — each input is z-scored against its own 45-day rolling history and mapped to 0–100 with greed always up, so a stretched reading means stretched versus its own recent normal — not an arbitrary threshold.
- Component meters — every input's individual score and raw value are listed under the dial; a component that lacks history shows as warming up until it has 15 sessions.
- MMI vs NIFTY history — the gauge charted against the index so you can judge for yourself how mood extremes have lined up with turns.
- Official vs live — the official value is stamped once per day after NSE publishes evening institutional data; during hours the dial shows a live provisional read.
Frequently asked questions
No single number can time the market. The MMI tells you how stretched sentiment is — extreme fear has historically been a better hunting ground for fresh positions than extreme greed. Treat it as a starting point for your own analysis, not a signal.
India VIX measures one thing: the volatility priced into Nifty options for the next 30 days. The MMI blends VIX with six other sentiment inputs — FII positioning, option skew, momentum, breadth, 52-week strength and gold demand — so it reads the whole mood, not just the fear premium.
Each component is z-scored against its own 45-trading-day rolling mean and standard deviation, mapped to 0–100 with greed always up, and the seven scores are averaged with equal weight. The full recipe — including each input's data source — is in the Methodology panel.
The official value is computed once per trading day after NSE publishes the evening institutional data. During market hours the dial also shows a live provisional read refreshed every few minutes from quotes and the option chain.
No. It measures sentiment, and sentiment extremes only tilt the odds — historically the market has tended to bottom out around extreme fear and top out around extreme greed, but neither is guaranteed. Position sizing and your own research still do the heavy lifting.