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The Close · The Open · The Long Desk · Archive · Research · Top Stocks
Wed, 14 Oct 2026
1422 companies · 1443 sector slots · 20 sectors · 27 below Rs1000cr and not scanned · long-term lens

Trend Spotlight

RBI hikes the repo rate to 5.50%, shifting to 'calibrated tightening' as September CPI spikes to 5.54%.

The RBI's MPC raised the repo rate 25bps to 5.50% on October 7, 2026 — the first hike since February 2023 — shifting stance from 'neutral' to 'calibrated tightening' on a 4-2 vote, while also lifting its FY27 GDP forecast to 7.1% and CPI projection to 5.2%. September CPI then printed at 5.54% y/y (from 4.83% in August), 2026's highest, driven by a food-price spike including roughly a 108% YoY jump in onion prices. Together these raise financing costs economy-wide — a genuine headwind for rate-sensitive sectors (banks' NIMs mixed, autos/realty facing costlier credit) and a structural shift worth weighing for long-term positioning, not a one-day move.

Sources: gktoday.in · thetaxcorp.in · mospi.gov.in

Market Overview

IndexClosePoints ChangeP/EP/B
Nifty 50 22,622.70 ▼ -99.25 ▼ -0.44% 19.33 2.78
Nifty Next 50 68,999.30 ▲ +71.35 ▲ +0.10% 18.08 3.31
Nifty 500 22,038.00 ▼ -52.00 ▼ -0.24% 21.70 3.09
Nifty Bank 55,316.00 ▼ -165.05 ▼ -0.30% 13.11 1.67
NIFTY Midcap 100 59,409.10 ▼ -50.10 ▼ -0.08% 28.02 3.78
▲ 1516 advancing ■ 28 unchanged ▼ 1139 declining of 2683 equities, vs the 2026-10-13 close
Cash market, ₹ crore
FII / FPI net
▼ -1,857.44
bought 16,382 · sold 18,239
DII net
▲ +2,670.44
bought 17,429 · sold 14,758
FII / FPI DII
FII / DII daily net cash flow · ₹ crore · scroll to zoom, drag to pan

Source: NSE ind_close_all_20261014 (levels, index P/E and P/B) and the full-market bhavcopy (breadth).

Index P/E from NSE's official daily index file.

Sector performance

This session's index move, next to the desk's standing stance. The stance is a valuation-and-quality reading over years — it does not move because an index had a good day. Sectors with no listed NSE index show — for the session columns; the stance still applies.

SectorIndexSession Idx P/EStance
Energy & Power Nifty Energy · 12 researched 36,503.50 ▲ +1.47% 14.4 WATCH
FMCG Nifty FMCG · 8 researched 45,271.70 ▲ +1.21% 31.4 WATCH
Information Technology Nifty IT · 13 researched 30,171.00 ▲ +1.14% 18.7 WATCH
Hospitality & Tourism Nifty India Tourism · 9 researched 7,475.65 ▼ -0.07% 85.1 ACCUMULATE
Banks Nifty Bank · 5 researched 55,316.00 ▼ -0.30% 13.1 WATCH
Metals & Mining Nifty Metal · 18 researched 12,006.75 ▼ -0.67% 15.8 WATCH
Realty Nifty Realty · 4 researched 822.80 ▼ -0.86% 34.8 WATCH
Automobiles Nifty Auto · 32 researched 25,156.75 ▼ -0.93% 29.2 WATCH
Financial Services Nifty Financial Services · 12 researched 24,948.70 ▼ -1.11% 15.3 WATCH
Healthcare & Hospitals Nifty Healthcare Index · 11 researched 15,663.00 ▼ -1.25% 40.8 WATCH
Pharmaceuticals Nifty Pharma · 26 researched 25,736.95 ▼ -1.30% 39.8 WATCH
Capital Goods no listed index · 17 researched — — — WATCH
Chemicals no listed index · 9 researched — — — WATCH
Commercial Services no listed index · 6 researched — — — WATCH
Construction & Materials no listed index · 10 researched — — — WATCH
Logistics & Transport no listed index · 6 researched — — — WATCH
Packaging & Plastics no listed index · 2 researched — — — WATCH
Retail & Consumer no listed index · 4 researched — — — WATCH
Telecom & Media no listed index · 5 researched — — — WATCH
Textiles & Apparel no listed index · 6 researched — — — WATCH

Movers in the universe

Largest moves among the 1413 tracked names this session, against the 2026-10-13 close.

CompanyCallPrev CloseMove
MV Electrosystems Ltd MVELECTRO AVOID ₹833.95 ₹977.60 ▲ +17.23%
Transformers & Rectifiers India Ltd TARIL HOLD ₹304.00 ₹349.50 ▲ +14.97%
NIBE Ltd NIBE HOLD ₹1,214.50 ₹1,381.10 ▲ +13.72%
West Coast Paper Mills Ltd WSTCSTPAPR HOLD ₹828.20 ₹940.45 ▲ +13.55%
Jindal Poly Films Ltd JINDALPOLY AVOID ₹643.85 ₹726.30 ▲ +12.81%
Anand Rathi Share & Stock Brokers Ltd ARSSBL HOLD ₹543.70 ₹515.60 ▼ -5.17%
Caliber Mining and Logistics Ltd CMLL HOLD ₹622.95 ₹590.85 ▼ -5.15%
LIC Housing Finance Ltd LICHSGFIN HOLD ₹564.00 ₹535.00 ▼ -5.14%
Meesho Ltd MEESHO AVOID ₹240.67 ₹228.35 ▼ -5.12%
TechNVision Ventures Ltd TECHNVISN AVOID ₹4,204.90 ₹4,017.20 ▼ -4.46%

Calls this session

A change to anything but AVOID publishes only after two consecutive sessions say the same thing; AVOID publishes at once.

Sector stance changed (1)

Published this session (5)

BUY
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 4.04/5 including quality and value — the rare combination.
BUY
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 4.0/5 including quality and value — the rare combination.
QUALITY-WAIT
new
Good business, bad price today (Value 1/5) — PEG 1.19; P/E cheaper than 26% of sector peers (P/E 38.41); EV/EBITDA 108.9, B/M 0.276. Watch for a better entry.
QUALITY-WAIT
new
Good business, bad price today (Value 2/5) — PEG 3.04; P/E cheaper than 83% of sector peers (P/E 23.39); EV/EBITDA 19.9, B/M 0.234. Watch for a better entry.
QUALITY-WAIT
new
Good business, bad price today (Value 2/5) — PEG n/a; P/E cheaper than 22% of sector peers (P/E 38.92); EV/EBITDA 24.9, B/M 0.264. Watch for a better entry.

Awaiting a second session (13)

TickerClosePublished PendingNote
AGI ₹773.25 HOLD → BUY if next session holds
BIKAJI ₹473.55 QUALITY-WAIT → HOLD if next session holds
CENTUM ₹4,216.40 HOLD → BUY if next session holds
DIXON ₹12,820.00 HOLD → QUALITY-WAIT if next session holds
FLUOROCHEM ₹4,632.10 HOLD → QUALITY-WAIT if next session holds
GEOJITFSL ₹75.73 AVOID → HOLD if next session holds
GULFOILLUB ₹1,071.10 QUALITY-WAIT → HOLD if next session holds
KENNAMET ₹4,482.80 HOLD → QUALITY-WAIT if next session holds
KIRLOSENG ₹2,148.30 QUALITY-WAIT → HOLD if next session holds
MATRIMONY ₹539.75 QUALITY-WAIT → HOLD if next session holds
NESCO ₹1,051.00 HOLD → BUY if next session holds
QUESS ₹346.05 HOLD → BUY if next session holds
STYLAMIND ₹3,327.00 HOLD → QUALITY-WAIT if next session holds

Top Stories

TCS posts a strong Q2 FY27 beat, AI revenue crosses $3.1bn annualised Information Technology

TCS reported Q2 FY27 net profit of roughly ₹13,884 crore, up about 15% YoY (one source puts it slightly higher, at ₹13,934 crore), with revenue up 11.2% YoY to ₹73,188 crore. Annualised AI revenue hit $3.1bn, crossing 10% of revenue for the first time, on total contract value of $9.6bn. Shares jumped 5.46% on the print and TCS declared a ₹12/share interim dividend with record date October 14, 2026. No single source explicitly ties the whole IT index move to TCS alone, but this is the most plausible driver on record.

TCS
Sources: indiainfoline.com · businesstoday.in

Star Cement cuts FY27 volume guidance to 8-9% after Assam floods Construction & Materials

Star Cement lowered FY27 cement volume growth guidance to 8-9% from an earlier double-digit range after July volumes fell about 12% on Assam flooding, compounding earlier election-related softness. ICICI Securities kept its BUY but cut FY27E/FY28E EBITDA estimates roughly 7%; capex plans remain intact. Nothing found yet shows the guidance being restored.

STARCEMENT
Sources: sahi.com

Pfizer India CFO's resignation takes effect, capping a string of 2026 senior departures Pharmaceuticals

CFO Amit Agarwal's resignation (filed in July) took effect October 8, 2026, following Senior Director Sharad Goswami's September exit. FY26 revenue rose 10.4% to ₹2,519.65 crore, but net profit fell to ₹722.43 crore partly on ₹49.16 crore of exceptional separation costs tied to the churn itself — a concrete financial cost, relevant to the stock's pending HOLD->QUALITY-WAIT call review.

PFIZER
Sources: sahi.com · scanx.trade

Abbott India's Company Secretary to depart amid a year of board churn Pharmaceuticals

Company Secretary and Compliance Officer Sangeeta Shetty's resignation takes effect October 28, 2026, adding to 2026 board turnover: incoming Chairman Dr. Sudarshan Jain's appointment (announced August), independent director Anisha Motwani's term lapsing in April, and director Alison Davies's earlier resignation. None is described as for-cause, but the pattern is relevant to the stock's pending QUALITY-WAIT->HOLD call review.

ABBOTINDIA
Sources: investywise.com · pharmanow.live

Aegis Logistics' $1.5bn Tristar acquisition talks remain unconfirmed, new financing detail emerges Energy & Power

No October update exists on Aegis Logistics' reported advanced talks to acquire UAE's Tristar Holdings for about $1.5bn; the most recent reporting is from August-September. New detail describes a mixed debt/equity financing structure — rolling over Tristar's existing $600m debt plus $400-500m in fresh borrowing — though sources disagree on Tristar's ownership. The deal is neither confirmed nor collapsed.

AEGISLOG
Sources: maritimegateway.com · indiaseatradenews.com

Sector Scorecard

Entry score is 40% cheap-vs-history + 25% quality trend + 15% technicals, renormalised over those three — the 20% news catalyst is not counted because no research was written for this session. It is not treated as neutral; it is absent. ≥62 accumulate · 45–61 watch · <45 avoid.

SectorStanceEntryCheap QualityTechNews IndexIdx P/EB/W/H/A
Information Technology 75 scanned · 13 researched WATCH 60.6 59.0 78.5 35.0 — ▲ +1.14% 18.7 0/10/56/9
Banks 40 scanned · 5 researched WATCH 45.0 34.4 52.3 60.9 — ▼ -0.30% 13.1 1/0/30/9
Pharmaceuticals 88 scanned · 26 researched WATCH 48.1 24.1 71.5 73.1 — ▼ -1.30% 39.8 0/17/58/13
Automobiles 110 scanned · 32 researched WATCH 59.5 47.5 78.4 59.7 — ▼ -0.93% 29.2 11/20/68/11
FMCG 105 scanned · 8 researched WATCH 59.9 58.4 69.0 49.0 — ▲ +1.21% 31.4 0/20/66/19
Metals & Mining 83 scanned · 18 researched WATCH 57.2 49.0 67.5 61.8 — ▼ -0.67% 15.8 6/12/46/19
Realty 39 scanned · 4 researched WATCH 55.2 64.0 52.0 36.8 — ▼ -0.86% 34.8 1/2/14/22
Energy & Power 84 scanned · 12 researched WATCH 56.2 50.5 63.5 59.4 — ▲ +1.47% 14.4 0/7/44/33
Financial Services 149 scanned · 5 ranked elsewhere · 12 researched WATCH 56.6 67.0 44.5 49.0 — ▼ -1.11% 15.3 0/3/95/51
Healthcare & Hospitals 59 scanned · 16 ranked elsewhere · 11 researched WATCH 58.6 47.5 73.0 64.2 — ▼ -1.25% 40.8 4/10/40/5
Hospitality & Tourism 38 scanned · 9 researched ACCUMULATE 65.7 71.8 69.0 44.1 — ▼ -0.07% 85.1 2/6/20/10
Chemicals 102 scanned · 9 researched WATCH 61.4 59.6 67.8 55.7 — — — 2/11/62/27
Construction & Materials 126 scanned · 10 researched WATCH 61.7 70.3 61.6 38.9 — — — 0/10/74/42
Capital Goods 103 scanned · 17 researched WATCH 52.9 35.1 79.0 56.8 — — — 8/14/62/19
Textiles & Apparel 48 scanned · 6 researched WATCH 55.3 48.9 62.0 61.1 — — — 4/3/27/14
Retail & Consumer 65 scanned · 4 researched WATCH 57.8 50.0 68.4 61.0 — — — 1/12/34/18
Packaging & Plastics 33 scanned · 2 researched WATCH 55.5 44.4 65.3 68.6 — — — 1/5/18/9
Logistics & Transport 26 scanned · 6 researched WATCH 45.6 28.6 69.3 51.5 — — — 0/3/16/7
Telecom & Media 33 scanned · 5 researched WATCH 53.4 50.0 59.8 52.0 — — — 3/2/14/14
Commercial Services 37 scanned · 6 researched WATCH 52.2 51.1 52.5 54.8 — — — 0/2/20/15

Source: data/verdicts.json × NSE sector index closes.

Stocks to Watch

Split evenly across large/mid/small/micro cap so this list isn't one tier's picks — new calls first, then the highest long-term composites within each. Micro-cap names are boxed and flagged Highly Volatile — worth watching, not a call to buy — since their price swings run about twice every other tier's. Each card shows the figures that selected it — open the desk for the full six-lens panel.

QUALITY-WAIT
new call this session
P/E in the 42th percentile of its own 3-year range · ROCE 6.32% (up 2.3pt over 5y)
Composite 68.3 Mkt Cap 165,179 cr · Large P/E 38.41 ROCE 6.32% Piotroski 6/9
HOLD
P/E in the 5th percentile of its own 3-year range · ROCE 19.2% (up 12.2pt over 5y)
Composite 88.6 Mkt Cap 275,763 cr · Large P/E 124.18 ROCE 19.2% Piotroski 5/9
QUALITY-WAIT
new call this session
P/E in the 3th percentile of its own 3-year range · ROCE 24.1% (up 1.1pt over 5y) · Piotroski 7/8
Composite 69.9 Mkt Cap 17,957 cr · Mid P/E 23.39 ROCE 24.1% Piotroski 7/8
BUY
unconfirmed: sector
P/E in the 6th percentile of its own 3-year range · ROCE 20.7% (up 31.7pt over 5y) · -26.8% off its 52-week high
Composite 87.2 Mkt Cap 18,291 cr · Mid P/E 25.15 ROCE 20.7% Piotroski 5/9
BUY
new call this session
unconfirmed: sector
P/E in the 0th percentile of its own 3-year range · ROCE 14.8% (up 7.8pt over 5y) · -27.2% off its 52-week high
Composite 84.7 Mkt Cap 7,929 cr · Small P/E 41.51 ROCE 14.8% Piotroski 5/9
BUY
new call this session
unconfirmed: sector
P/E in the 84th percentile of its own 3-year range · ROCE 14.7% (up 9.7pt over 5y) · Piotroski 9/9
Composite 53.5 Mkt Cap 14,404 cr · Small P/E 32.82 ROCE 14.7% Piotroski 9/9
HOLD
new call this session
Highly Volatile
P/E in the 3th percentile of its own 3-year range · ROCE 23.7% (up 18.7pt over 5y) · -38.7% off its 52-week high
Composite 78.8 Mkt Cap 2,700 cr · Micro P/E 19.75 ROCE 23.7% Piotroski 5/8
HOLD
new call this session
Highly Volatile
ROCE 24.0% (up 16.0pt over 5y)
Composite 78.7 Mkt Cap 1,023 cr · Micro P/E 23.05 ROCE 24.0% Piotroski 6/8

Lens Weights Recalibrated

Every Sunday, each lens's weight is re-tilted from its prior on all evidence to date of whether its ratings predicted subsequent returns, measured separately within each cap tier (data/lens_ic.json). Thin evidence moves a weight a little, a consistent edge more -- see METHODOLOGY.md. Every past change stays on the record in data/lens_weight_changes.json.

TierLensWeightt-stat Hit rateWeeks measured
Large Quality 1.4091 → 1.3442 -0.421659%8.2
Large Financial Health 1.979 → 1.91 1.227363%8.2
Large Value 1.1404 → 1.0512 -0.506656%8.2
Large Earnings Quality 1.2998 → 1.3139 1.475771%8.2
Large Growth Outlook 0.861 → 0.7981 -0.009759%4.4
Large Momentum 0.6138 → 0.6029 0.875468%8.2
Mid Quality 1.3032 → 1.3663 -0.360454%8.2
Mid Financial Health 1.8378 → 1.9321 1.313266%8.2
Mid Value 1.113 → 1.1381 -0.207161%8.2
Mid Earnings Quality 0.9049 → 0.9127 -0.35354%8.2
Mid Growth Outlook 0.7399 → 0.5795 -1.240286%1.4
Mid Momentum 0.6691 → 0.6902 1.995976%8.2
Small Quality 1.8524 → 1.8341 0.958256%6.4
Small Financial Health 1.7831 → 1.6513 0.409250%6.4
Small Value 1.1041 → 1.0405 -0.544759%6.4
Small Earnings Quality 0.8708 → 0.7647 -1.021559%6.4
Small Growth Outlook 1.0057 → 0.9895 1.029979%2.8
Small Momentum 0.6938 → 0.7136 2.543278%6.4
Micro Quality 1.9052 → 1.9961 1.590978%6.4
Micro Financial Health 1.7684 → 1.8473 1.002462%6.4
Micro Value 1.0792 → 1.0396 -0.547859%6.4
Micro Earnings Quality 1.0287 → 0.9775 -0.089953%6.4
Micro Growth Outlook 0.7073 → 0.6162 -0.993378%3.6
Micro Momentum 0.7238 → 0.7275 3.055391%6.4

How We Evaluate

MetricWhy it is in the frameworkSource
Return on capital, level and trendDurable high ROCE predicts future returns; the trend separates a moat from a good year Novy-Marx 2013 JFE
Gross profitability (GP/assets)As predictive as book-to-market, and less prone to the value trap Novy-Marx 2013 JFE
Piotroski F-scoreA nine-signal accounting checklist that separates real improvers from statistically cheap traps Piotroski 2000 JAR
Cash-flow-to-net-profitAccrual-heavy profit reverts; cash-backed profit persists Sloan 1996 TAR
P/E versus the stock's own historyCheap relative to itself, not to a peer set that may be expensive as a whole Basu 1977 JF
Book-to-marketThe value premium, in its original form Fama–French 1992 JF
EV/EBITDACapital-structure-neutral, so it compares a leveraged firm to an unleveraged one Practitioner standard
Altman Z and interest coverageDistressed firms have delivered lower, not higher, returns — screen them out rather than chase them Altman 1968 JF; Campbell/Hilscher/Szilagyi 2008 JF
52-week-high proximity, 200-DMANearness to the high has predicted continuation — but momentum crashes, so never alone George & Hwang 2004 JF; Daniel & Moskowitz 2016 JFE
Promoter pledgePledged promoter holding is a governance red flag ahead of a forced sale Not currently available from either source — no penalty is applied

Full derivation in METHODOLOGY.md.