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The Close · The Open · The Long Desk · Archive · Research · Top Stocks
Fri, 11 Sep 2026
1438 companies · 1459 sector slots · 21 sectors · 12 below Rs1000cr and not scanned · long-term lens

Trend Spotlight

An Iran-war strike on Saudi Arabia's main alternate export pipeline has pushed Brent past $107 and driven India's CPI to a 21-month high, with the rupee sliding and a Fed hike now the base case.

Drone strikes on 10-11 September knocked out Saudi Arabia's East-West pipeline -- the workaround Saudi Arabia had for an already-effectively-closed Strait of Hormuz, not just a marginal barrel -- with repairs expected to take up to six weeks. The pass-through is already visible: August CPI accelerated to 4.82% (a tenth straight monthly rise, food and transport-led), the rupee has weakened from 94.50 to near 95.9/USD in a week, and forecasters now favor a Fed hike over a cut at the Sept 15-16 FOMC. This is a structural cost-push shock for a net oil importer, not a one-quarter blip, and it complicates the RBI's policy room just as its own FX-support measures near their end-September expiry.

Sources: cnbc.com · cnbc.com · wise.com · chase.com

Market Overview

IndexClosePoints ChangeP/EP/B
Nifty 50 23,398.10 ▼ -79.70 ▼ -0.34% 19.78 2.83
Nifty Next 50 72,083.70 ▼ -447.20 ▼ -0.62% 19.06 3.21
Nifty 500 22,866.50 ▼ -85.85 ▼ -0.37% 22.16 3.18
Nifty Bank 56,606.55 ▲ +134.60 ▲ +0.24% 13.39 1.70
NIFTY Midcap 100 62,197.20 ▼ -160.15 ▼ -0.26% 29.98 4.28
▲ 952 advancing ■ 40 unchanged ▼ 1639 declining of 2631 equities, vs the 2026-09-10 close
Cash market, ₹ crore
FII / FPI net
▼ -930.90
bought 12,617 · sold 13,548
DII net
▲ +1,968.17
bought 15,110 · sold 13,141
FII / FPI DII
FII / DII daily net cash flow · ₹ crore · scroll to zoom, drag to pan

Source: NSE ind_close_all_20260911 (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
Banks Nifty Bank · 13 researched 56,606.55 ▲ +0.24% 13.4 AVOID
Information Technology Nifty IT · 16 researched 28,921.50 ▲ +0.11% 18.4 ACCUMULATE
Financial Services Nifty Financial Services · 7 researched 25,545.40 ▲ +0.10% 15.7 WATCH
Hospitality & Tourism Nifty India Tourism · 6 researched 7,732.05 ▲ +0.09% 87.2 WATCH
Pharmaceuticals Nifty Pharma · 14 researched 26,532.40 ▼ -0.09% 41.1 AVOID
Healthcare & Hospitals Nifty Healthcare Index · 3 researched 16,492.10 ▼ -0.16% 43.2 WATCH
FMCG Nifty FMCG · 4 researched 45,053.75 ▼ -0.29% 31.3 WATCH
Energy & Power Nifty Energy · 12 researched 37,935.20 ▼ -0.75% 14.7 WATCH
Automobiles Nifty Auto · 23 researched 27,304.50 ▼ -0.86% 31.7 WATCH
Metals & Mining Nifty Metal · 9 researched 12,999.05 ▼ -2.30% 15.8 WATCH
Realty Nifty Realty · 5 researched 848.50 ▼ -2.70% 36.0 WATCH
Capital Goods no listed index · 7 researched — — — WATCH
Chemicals no listed index · 4 researched — — — WATCH
Commercial Services no listed index · 4 researched — — — WATCH
Construction & Materials no listed index · 7 researched — — — WATCH
Diversified & Other no listed index · 1 researched — — — WATCH
Packaging & Plastics no listed index — — — WATCH
Retail & Consumer no listed index · 2 researched — — — WATCH
Telecom & Media no listed index · 2 researched — — — WATCH
Textiles & Apparel no listed index · 3 researched — — — WATCH
Logistics & Transport no listed index · 1 researched — — — AVOID

Movers in the universe

Largest moves among the 1433 tracked names this session, against the 2026-09-10 close.

CompanyCallPrev CloseMove
AWFIS Space Solutions Ltd AWFIS AVOID ₹249.60 ₹293.20 ▲ +17.47%
Raymond Ltd RAYMOND HOLD ₹853.85 ₹1,002.80 ▲ +17.44%
Pine Labs Ltd PINELABS AVOID ₹173.17 ₹202.17 ▲ +16.75%
Filatex India Ltd FILATEX HOLD ₹76.25 ₹87.41 ▲ +14.64%
SMS Pharmaceuticals Ltd SMSPHARMA HOLD ₹417.45 ₹463.45 ▲ +11.02%
Kothari Industrial Corporation Ltd KOTIC AVOID ₹151.21 ₹133.82 ▼ -11.50%
Cochin Shipyard Ltd COCHINSHIP AVOID ₹1,520.40 ₹1,381.00 ▼ -9.17%
IOL Chemicals & Pharmaceuticals Ltd IOLCP HOLD ₹211.43 ₹194.31 ▼ -8.10%
Ratnaveer Precision Engineering Ltd RATNAVEER HOLD ₹310.60 ₹288.30 ▼ -7.18%
Kennametal India Ltd KENNAMET HOLD ₹5,027.90 ₹4,682.40 ▼ -6.87%

Set aside as undetermined: PGIL (▼ -50.06%). A move this large over one session is usually a bonus, split or demerger rather than a price change, and a close-only series cannot tell the two apart — so it is neither listed as a mover nor quietly dropped.

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 (2)

Awaiting a second session (88)

TickerClosePublished PendingNote
AEGISLOG ₹1,353.60 HOLD → QUALITY-WAIT if next session holds
ANTELOPUS ₹1,139.35 HOLD → QUALITY-WAIT if next session holds
APOLLOTYRE ₹417.65 HOLD → BUY if next session holds
ARVINDFASN ₹446.50 HOLD → BUY if next session holds
ASHAPURMIN ₹542.90 HOLD → BUY if next session holds
BAJAJ-AUTO ₹11,678.00 QUALITY-WAIT → HOLD if next session holds
BANCOINDIA ₹615.00 HOLD → BUY if next session holds
BBTC ₹1,423.50 HOLD → BUY if next session holds
BEL ₹404.35 HOLD → BUY if next session holds
BHARTIARTL ₹1,831.10 HOLD → BUY if next session holds
BLS ₹231.58 HOLD → BUY if next session holds
BLUEJET ₹568.55 HOLD → QUALITY-WAIT if next session holds
BORORENEW ₹495.65 HOLD → BUY if next session holds
BPCL ₹304.50 HOLD → BUY if next session holds
CAMPUS ₹214.36 HOLD → BUY if next session holds
CARERATING ₹1,650.50 QUALITY-WAIT → HOLD if next session holds
CARTRADE ₹3,087.90 HOLD → BUY if next session holds
CCAVENUE ₹16.29 HOLD → BUY if next session holds
CHENNPETRO ₹1,572.90 HOLD → BUY if next session holds
EIHOTEL ₹286.45 HOLD → BUY if next session holds
EMMVEE ₹346.00 HOLD → BUY if next session holds
ENGINERSIN ₹268.95 HOLD → BUY if next session holds
EPL ₹239.30 HOLD → BUY if next session holds
FIEMIND ₹2,009.50 HOLD → BUY if next session holds
FORCEMOT ₹17,705.00 HOLD → BUY if next session holds
GICRE ₹349.40 HOLD → BUY if next session holds
GOKULAGRO ₹226.76 HOLD → BUY if next session holds
HAL ₹4,905.00 HOLD → BUY if next session holds
HBLENGINE ₹722.20 HOLD → BUY if next session holds
HEG ₹266.00 HOLD → BUY if next session holds
HEROMOTOCO ₹5,221.50 HOLD → BUY if next session holds
IFBIND ₹1,300.10 HOLD → BUY if next session holds
IGIL ₹314.30 QUALITY-WAIT → BUY if next session holds
INDUSTOWER ₹388.00 HOLD → BUY if next session holds
IRCTC ₹462.90 HOLD → BUY if next session holds
JAMNAAUTO ₹135.46 HOLD → BUY if next session holds
JSL ₹756.10 HOLD → BUY if next session holds
JSLL ₹511.85 HOLD → BUY if next session holds
JYOTHYLAB ₹195.06 HOLD → BUY if next session holds
KDDL ₹3,881.90 QUALITY-WAIT → HOLD if next session holds
KIRLPNU ₹719.90 HOLD → QUALITY-WAIT if next session holds
KISSHT ₹328.70 HOLD → BUY if next session holds
KOVAI ₹6,203.50 HOLD → BUY if next session holds
LCL ₹553.05 HOLD → BUY if next session holds
LEMONTREE ₹104.78 HOLD → BUY if next session holds
LGBBROSLTD ₹1,711.00 HOLD → BUY if next session holds
LUMAXIND ₹5,879.50 HOLD → BUY if next session holds
MAHSEAMLES ₹728.90 HOLD → BUY if next session holds
MIDWESTLTD ₹1,016.40 QUALITY-WAIT → HOLD if next session holds
MUTHOOTFIN ₹2,792.10 HOLD → BUY if next session holds
NATIONALUM ₹361.00 HOLD → BUY if next session holds
NAVA ₹551.85 HOLD → BUY if next session holds
NH ₹1,869.20 HOLD → BUY if next session holds
OBEROIRLTY ₹1,741.10 HOLD → BUY if next session holds
ONGC ₹232.50 HOLD → BUY if next session holds
PARKHOSPS ₹279.30 HOLD → BUY if next session holds
PETRONET ₹287.20 HOLD → BUY if next session holds
PGIL ₹1,187.70 QUALITY-WAIT → BUY if next session holds
PINELABS ₹202.17 AVOID → HOLD if next session holds
PIRAMALFIN ₹2,255.60 AVOID → HOLD if next session holds
PREMIERENE ₹974.20 HOLD → BUY if next session holds
PRICOLLTD ₹761.40 HOLD → BUY if next session holds
PRIVISCL ₹3,556.10 HOLD → BUY if next session holds
QUESS ₹348.00 HOLD → BUY if next session holds
RACLGEAR ₹1,756.70 HOLD → QUALITY-WAIT if next session holds
RAILTEL ₹259.90 HOLD → BUY if next session holds
RECLTD ₹312.70 HOLD → BUY if next session holds
SANDUMA ₹190.35 HOLD → BUY if next session holds
SARDAEN ₹524.15 HOLD → BUY if next session holds
SHARDACROP ₹765.55 HOLD → BUY if next session holds
SHARDAMOTR ₹943.75 HOLD → BUY if next session holds
SHRIPISTON ₹4,371.50 HOLD → BUY if next session holds
SKFINDIA ₹1,527.80 HOLD → BUY if next session holds
SKIPPER ₹551.55 HOLD → BUY if next session holds
SSWL ₹370.65 HOLD → BUY if next session holds
STARCEMENT ₹195.14 HOLD → BUY if next session holds
TENNIND ₹506.35 HOLD → BUY if next session holds
THERMAX ₹3,682.00 AVOID → HOLD if next session holds
TIIL ₹3,250.20 HOLD → BUY if next session holds
TMCV ₹434.55 HOLD → BUY if next session holds
TRANSRAILL ₹410.35 HOLD → BUY if next session holds
TRAVELFOOD ₹1,253.60 HOLD → BUY if next session holds
USHAMART ₹494.50 HOLD → BUY if next session holds
VADILALIND ₹6,960.50 HOLD → BUY if next session holds
VAML ₹421.75 HOLD → BUY if next session holds
VIKRAMSOLR ₹166.86 HOLD → BUY if next session holds
VTL ₹566.20 HOLD → BUY if next session holds
WHEELS ₹2,230.10 HOLD → BUY if next session holds

Top Stories

Blackstone exits its entire 26.38% EPL stake in a Rs 2,032cr block deal, going further than the disclosed Indorama merger structure Packaging & Plastics

Epsilon Bidco sold its full 8.44cr-share stake at Rs 240.57/share on 2026-09-01; Quant Mutual Fund took the largest single slice, with ICICI Prudential MF, Edelweiss MF, Aditya Birla Sun Life Insurance, ADIA, PSP Investments and 360 ONE also participating. Shares fell 8.47% on the print. The March 2026 Indorama merger had implied Blackstone would retain a 16.6% residual stake, so a full exit goes beyond that structure -- a near-term overhang realized, but it also closes off any future Blackstone sale.

EPL
Sources: hdfcsky.com · sustainabilitymea.com

Hindustan Zinc's governance picture gets more complicated: a live ED FEMA probe, a SEBI warning, and a resolved government stake-sale overhang Metals & Mining

A June 2026 ED search of HZL/Vedanta offices over historical royalty and brand-fee payments remains open with no penalty as of mid-September; the company says operations are unaffected but cannot rule out sanctions. Separately, SEBI issued an administrative (no-penalty) LODR warning in April for FY22/FY25 board-composition and disclosure lapses. Partially offsetting: DIPAM walked back a government stake-sale plan in August that had previously knocked the stock. Net effect moves Franchise Risk to 2/5 from the prior 3.

HINDZINC
Sources: tipranks.com · scanx.trade · sahi.com

SKF India's MD resigns for an internal Group role change; successor named the same week Automobiles

Mukund Vasudevan resigned effective 2026-08-31 for an internal SKF Group move, not described as adverse; Sujeeth Pai was appointed MD effective 2026-09-01 -- a gap-free handover, relevant context for the pending HOLD->BUY confirmation but no red flag on its own.

SKFINDIA
Sources: tradingview.com · marketsmojo.com

Bajaj Auto's August sales rise 28% YoY on a 51% export surge, management guiding exports past 250,000 units/month Automobiles

Total sales reached 5,35,764 units (domestic +10%, exports +51% to 2,80,056); on the Q1 call management guided exports above 250,000/month on LatAm sports-segment leadership and African commercial-bike share gains -- confirmed strong data plus reiterated forward guidance, supportive of the pending QUALITY-WAIT->HOLD flip.

BAJAJ-AUTO
Sources: business-standard.com · ticker.finology.in

Sector Scorecard

Entry score is 40% cheap-vs-history + 25% quality trend + 20% news catalyst + 15% technicals, for the 2 sectors with a researched catalyst. The other 19 show —: no catalyst was researched for them, so their score renormalises over the remaining three inputs rather than assuming a neutral headline. ≥62 accumulate · 45–61 watch · <45 avoid.

SectorStanceEntryCheap QualityTechNews IndexIdx P/EB/W/H/A
Information Technology 75 scanned · 16 researched ACCUMULATE 62.6 65.4 78.5 28.4 — ▲ +0.11% 18.4 0/9/59/7
Banks 40 scanned · 13 researched AVOID 42.7 28.7 52.3 63.9 — ▲ +0.24% 13.4 0/0/31/9
Pharmaceuticals 85 scanned · 14 researched AVOID 44.8 20.0 72.0 65.4 — ▼ -0.09% 41.1 0/18/56/11
Automobiles 109 scanned · 23 researched WATCH 49.0 24.9 78.6 63.8 — ▼ -0.86% 31.7 0/21/77/11
FMCG 106 scanned · 4 researched WATCH 57.1 51.0 68.3 54.7 — ▼ -0.29% 31.3 0/21/67/18
Metals & Mining 83 scanned · 9 researched WATCH 49.6 33.0 67.9 63.4 — ▼ -2.30% 15.8 0/11/55/17
Realty 38 scanned · 5 researched WATCH 55.4 59.8 52.0 56.6 +0 ▼ -2.70% 36.0 0/1/17/20
Energy & Power 83 scanned · 12 researched WATCH 56.8 50.0 63.4 64.0 — ▼ -0.75% 14.7 0/5/45/33
Financial Services 150 scanned · 5 ranked elsewhere · 7 researched WATCH 51.9 52.9 43.6 63.1 — ▲ +0.10% 15.7 0/4/96/50
Healthcare & Hospitals 58 scanned · 16 ranked elsewhere · 3 researched WATCH 46.7 22.4 73.8 66.5 — ▼ -0.16% 43.2 0/15/38/5
Hospitality & Tourism 38 scanned · 6 researched WATCH 60.9 61.4 67.4 48.5 — ▲ +0.09% 87.2 0/4/24/10
Chemicals 99 scanned · 4 researched WATCH 59.4 54.0 68.7 58.2 — — — 0/12/64/23
Construction & Materials 127 scanned · 7 researched WATCH 61.1 67.9 60.8 43.6 — — — 0/11/73/43
Capital Goods 103 scanned · 7 researched WATCH 50.8 28.0 78.5 65.2 — — — 0/14/76/13
Textiles & Apparel 47 scanned · 3 researched WATCH 56.0 50.0 62.6 61.0 — — — 0/5/30/12
Retail & Consumer 67 scanned · 2 researched WATCH 58.3 50.0 68.4 63.8 — — — 0/9/40/18
Packaging & Plastics 34 scanned WATCH 52.1 38.5 64.7 71.8 -0 — — 0/4/22/8
Logistics & Transport 25 scanned · 1 researched AVOID 44.7 22.6 67.6 65.6 — — — 0/3/15/7
Telecom & Media 29 scanned · 2 researched WATCH 53.3 50.0 60.2 50.4 — — — 0/1/17/11
Commercial Services 31 scanned · 4 researched WATCH 54.7 53.4 52.8 61.6 — — — 0/2/17/12
Diversified & Other 32 scanned · 1 researched WATCH 51.2 41.5 59.7 63.1 — — — 0/3/17/12

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
P/E in the 7th percentile of its own 3-year range · ROCE 19.7% (up 8.7pt over 5y) · Piotroski 7/9
Composite 87.4 Mkt Cap 140,984 cr · Large P/E 41.75 ROCE 19.7% Piotroski 7/9
HOLD
P/E in the 28th percentile of its own 3-year range · ROCE 19.2% (up 12.2pt over 5y)
Composite 87.2 Mkt Cap 306,586 cr · Large P/E 137.8 ROCE 19.2% Piotroski 5/9
HOLD
unconfirmed: sector
P/E in the 2th percentile of its own 3-year range · ROCE 20.7% (up 31.7pt over 5y) · -31.5% off its 52-week high
Composite 86.9 Mkt Cap 17,889 cr · Mid P/E 24.64 ROCE 20.7% Piotroski 5/9
HOLD
P/E in the 2th percentile of its own 3-year range · ROCE 26.3% (up 12.3pt over 5y) · -57.4% off its 52-week high
Composite 84.9 Mkt Cap 15,195 cr · Mid P/E 24.34 ROCE 26.3% Piotroski 4/9
QUALITY-WAIT
P/E in the 2th percentile of its own 3-year range · ROCE 24.3% (up 24.3pt over 5y)
Composite 90.9 Mkt Cap 12,871 cr · Small P/E 59.22 ROCE 24.3% Piotroski 6/9
QUALITY-WAIT
unconfirmed: sector, news
P/E in the 5th percentile of its own 3-year range
Composite 87.7 Mkt Cap 13,585 cr · Small P/E 22.28 ROCE 69.2% Piotroski 4/9
HOLD
new call this session
Highly Volatile
composite 57.1 on quality, timing, valuation
Composite 57.1 Mkt Cap 1,753 cr · Micro P/E 39.21 ROCE 30.8% Piotroski 5/9
HOLD
new call this session
Highly Volatile
P/E in the 92th percentile of its own 3-year range
Composite 46.8 Mkt Cap 4,416 cr · Micro P/E 112.3 ROCE 18.8% Piotroski 5/9

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.