Even as the benchmark Nifty 50 inches closer to its all-time high, the broader market paints a far less rosy picture. A Moneycontrol analysis shows that 82%—or 2,077 out of 2,515 actively traded stocks on the National Stock Exchange—are still at least 20% below their respective all-time highs. This is even as the frontline indices like Sensex and Nifty hover 4-5% below their lifetime peaks in September 2024.