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Primary economy: India economic indicators

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range · 7–28-day calibrated zone
^NSEI's band carries a graded record, but its options premium is not being graded right now. Sigmacast's calibrated band is sized from realized volatility and graded against every terminal close, with its containment rate audited at each horizon over the trailing 30 days. Horizon grades return when the premium ladder is gradeable again — current status is below.
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: Passenger Vehicles Sales YoY (r=+0.74), Inflation Rate MoM (r=+0.70), WPI Fuel YoY (r=+0.68), WPI Inflation YoY (r=+0.54), Unemployment Rate (r=+0.44), WPI Manufacturing YoY (r=+0.44)
Inversely correlated: CPI (r=-0.79), HSBC Composite PMI (r=-0.67)
As of September 11, 2026, ^NSEI is trading at 23286.30. Our multi-model Sigmanomics forecast for this index generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
Forecast data unavailable for this horizon.
Forecasts generated by Sigmanomics engine. Not financial advice.
The NIFTY 50 (^NSEI) is a market index covered by the Sigmanomics analytics platform. The ^NSEI index closed at 23,256.45 on September 11, 2026, reflecting a decline of 0.57% from the previous close of 23,389.25.
Over the past 30 days, the index has experienced a strong downtrend with a decline of 5.36%, ranging between 23,233.85 and 24,673.75. The price currently trades below its 20-day moving average of 23,953.48. The 14-day RSI stands at 22.7, in oversold territory.
Over the same 30-day window, daily-return volatility was 0.35%, reflecting subdued price variability for this index. Across the past 52 weeks, the index has traded between 22,182.55 and 26,373.20, with the current price near the midrange of that range.
Daily-return volatility of 0.35% is subdued for this index, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. ^NSEI is currently trading 2.91% below its 20-day moving average and sitting in the middle of its 52-week range. Its 14-day RSI reads 22.7, currently in oversold territory.
Auto-generated from Sigmanomics market data. Last update Sep 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.