Advance-decline ratio remains below 1 for second month in a row

The advance decline ratio (ADR) for May was 0.84, with 1,718 stocks advancing and 2,037 declining

equity market, stocks, share market
Samie Modak Mumbai
1 min read Last Updated : Jun 12 2022 | 9:48 PM IST
The advance-decline ratio (ADR) for stocks traded on the BSE has remained below 1 for the second straight month until June 10.

If the market trend fails to improve, this will be the first time since March 2020 when ADR has remained below 1 for two successive months.

ADR gives an indication of market breadth. An ADR less than 1 indicates more stocks have fallen than those that have gained during the month.

So far this month, ADR is 0.93, with 1,777 stocks advancing and 1,912 declining, reveals the data by BSE.

The ADR for May was 0.84, with 1,718 stocks advancing and 2,037 declining.

Since April 2020, this is only the fifth month when ADR has been below 1.

Strong retail flows through direct investing have underpinned positive market breadth subsequent to the pandemic, say market experts.

A drop in ADR is also an indication that retail interest could be waning, they add.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :advance decline ratioBSEstocks

Next Story