1434 companies · 1455 sector slots · 21 sectors · 15 below Rs1000cr and not scanned · long-term lens
Trend Spotlight
Brent crude near $101.6/bbl on Middle East escalation, stacking onto an already-elevated inflation print and a weak rupee.
Brent closed around $101.61/bbl on 2026-09-23, up 2.37% on the day and ~10% over the past month, as the 2026 Iran war keeps disrupting Strait of Hormuz traffic despite a June ceasefire MOU. That lands on top of India's August CPI print of 4.82% — the highest since December 2024 — and a hawkish 25bp Fed hike on Sept 16 that removed the global liquidity tailwind; together they are a genuine headwind for India's import bill, inflation trajectory and the rupee, not a one-day move to shrug off for a long-term holder.
Overnight cues mixed into the open: Japan shut for a holiday, Hang Seng and Shanghai softer, GIFT Nifty unreadable this pass.
Japan's Nikkei was closed 2026-09-23 for a holiday and reopens today; Hang Seng and Shanghai both slipped modestly overnight. Searches for a reliable GIFT Nifty print returned inconsistent, single-sourced data, so treat any specific level cited elsewhere today as unverified. USD/INR is trading near record-weak levels (roughly 95.6-96.0), consistent with the crude spike and hawkish Fed backdrop above.
Fii/dii cash flows published after The Close went out, and
is included below. The evening report names what it is
still waiting for, so nothing appears without having been declared missing first.
Calls this session
A change to anything but AVOID publishes only after two consecutive
sessions say the same thing; AVOID publishes at once.
Good business, bad price today (Value 1/5) — PEG 1.52; P/E cheaper than 39% of sector peers (P/E 33.56); EV/EBITDA 25.6, B/M 0.142. Watch for a better entry.
Good business, bad price today (Value 2/5) — PEG n/a; P/E cheaper than 58% of sector peers (P/E 27.17); EV/EBITDA 33.7, B/M 0.153. Watch for a better entry.
Good business, bad price today (Value 1/5) — PEG n/a; P/E cheaper than 31% of sector peers (P/E 40.23); EV/EBITDA 42.9, B/M 0.122. Watch for a better entry.
Good business, bad price today (Value 2/5) — PEG 0.96; P/E cheaper than 33% of sector peers (P/E 21.82); EV/EBITDA 22.7, B/M 0.183. Watch for a better entry.
Source: NSE event calendar, filtered to the 1434 tracked names.
Market Overview
Index
Close
Points
Change
P/E
P/B
Nifty 50
23,446.80
▲ +117.80
▲ +0.50%
19.82
2.84
Nifty Next 50
72,462.40
▲ +658.35
▲ +0.92%
19.16
3.22
Nifty 500
22,935.10
▲ +140.90
▲ +0.62%
22.23
3.18
Nifty Bank
56,548.90
▲ +333.35
▲ +0.59%
13.38
1.69
NIFTY Midcap 100
62,396.45
▲ +433.30
▲ +0.70%
30.07
4.23
▲ 1781 advancing■ 35 unchanged▼ 844 decliningof 2660 equities, vs the 2026-09-22 close
Cash market, ₹ crore
FII / FPI net
▲ +1,617.45
bought 13,580 · sold 11,963
DII net
▲ +2,341.46
bought 14,405 · sold 12,063
FII / FPI
DII
Source: NSE ind_close_all_20260923
(levels, index P/E and P/B) and the full-market bhavcopy (breadth).
Index P/E from NSE's official daily index file.
Since We Flagged
The desk's track record — the FIRST call made on each standing name,
against its call today. Entry price is the close on the day of that first call, read
from the cached bhavcopy for that date. "Unchanged" means the original call still
stands.
TCS wins ₹2,000cr Best Buy GCC deal as Q1 order book hits $9.5bn, but brokerages still hold at Hold Information Technology
TCS secured a five-year, ~₹2,000cr mandate to run Best Buy's India GCC operations, beating Accenture and Wipro, plus a separate deal to upgrade the Dubai Gold & Commodities Exchange's trading/clearing platform. Separately, TCS's Q1 FY27 order book stood at $9.5bn including a marquee AI deal with SKF, and it agreed to acquire Porsche's MHP consulting arm for €320m as part of a five-year €1.25bn partnership, scaling AI-linked revenue toward a $2.6bn run-rate. Despite this, 360 ONE Capital and CLSA both maintained Hold ratings and the stock remains down ~29% YTD — real deal-flow, but sell-side consensus has not yet moved off Hold ahead of the pending HOLD->BUY call.
SEBI formally closes the PMC Projects settlement against Adani Ports' CEO and CFO Logistics & Transport
SEBI has confirmed and closed the matter: CEO Karan Adani and CFO B. Ravi each paid ₹13.65 lakh to settle LODR certification charges tied to PMC Projects transactions, with the Adjudicating Officer formally closing the case after payment was confirmed on 2026-09-05. Multiple independent outlets now corroborate this, resolving what had been a single, poorly-sourced, unconfirmed report — it is a routine settled consent action, not an escalating enforcement matter.
IRCTC's board-composition fines continue but remain routine, not escalating Hospitality & Tourism
BSE and NSE fined IRCTC again — ₹10.23 lakh each, notices dated Aug 25 — for the same missing woman independent director issue that drew a smaller ₹5.31 lakh fine in May. IRCTC says director appointments rest with the President of India via the Railways Ministry, that it keeps following up, and that the fines don't affect operations. No show-cause notice or larger enforcement action has followed the recurring pattern.
Granules and Supriya Lifescience both clear recent USFDA inspections cleanly Pharmaceuticals
Granules' Gagillapur plant — subject of a 2025 warning letter — now draws no USFDA concern over its corrective actions, with 7 of the company's 8 manufacturing sites carrying clean inspection status. Separately, Supriya Lifescience's Lote API facility received only one minor Form 483 observation and a VAI classification, letting it keep supplying the US, EU and Japan uninterrupted. Both cut against their respective pending downgrade calls, though the Granules read rests on a single outlet.
Tata Steel lays out a $3.5bn plan to lift India capacity past 40 MTPA Metals & Mining
Tata Steel's roadmap adds capacity at Neelachal Ispat, Meramandali and a new Maharashtra greenfield plant, taking India crude steel capacity from ~27.4 MTPA to over 40 MTPA alongside downstream value-added expansion in tube, wire and tinplate. Analysts remain constructive citing the buildout plus resilient steel pricing and demand — evidence against, not for, the pending HOLD->QUALITY-WAIT downgrade.
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.
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.