121 NSE indices: only Nifty Media is at its 52-week high

The measure

For each NSE index with closing prices on WealthTicker we took the highest close in the 12 months to 16 October 2026 and compared the latest close with it. We kept the 121 equity indices with a full year of history, and left out the inverse and leveraged Nifty 50 indices, the dividend-points index and India VIX, which behave differently. The figures are price levels; dividends are not added.

The headline

Nearly half the indices (54 of 121) are at least 10% below their 12-month high, but only eight are 15% or more below. The market is a broad moderate fall, not a collapse in a few corners.

The ones close to the top

Small caps are the nearest of the broad indices, all within about 5% of highs set on 8 September: the Smallcap 50, 250 and 100 sit at −4.7%, −4.8% and −5.0%, with the Microcap 250 at −3.9%. Our microcap comparison covers that corner.

The ones furthest away

Two of these, Nifty FMCG and Nifty India Tourism, peaked at the very start of the 12-month window (late October 2025), so their highs are almost a year old. Nifty IT's high was on 22 December 2025. For valuation context on each, see our posts on Nifty FMCG P/E, Nifty IT P/E and Nifty Realty P/E.

The big benchmarks

The Nifty 50 is further from its high than the midcap or smallcap indices. Its high was set on 2 January 2026, the first session of the year, while the smaller indices peaked in August and September and have fallen less since.

How to read this

• A distance from a 52-week high is a snapshot. It depends on when the high happened: an index that peaked last week and one that peaked ten months ago can show the same figure and mean different things.
• Large caps are further from their highs than small caps today. For the longer view, our five-year look at NSE indices shows what earnings and valuations did.
• Index funds track these levels, so a fund following a sector index is roughly as far from its own high as the index is, less costs and tracking differences.
• This is a description of where prices stood and not a forecast or a recommendation to buy or sell any index or fund.

Source: NSE index closing prices held on WealthTicker, 16 October 2025 to 16 October 2026; 121 equity indices with a full year of data, excluding inverse, leveraged, dividend-points and volatility indices; price levels, no dividends.