No news narrative was written for this session, so this is the largest sector index move rather than a judged catalyst. The desk's stance for this sector is WATCH, which is a valuation-and-quality reading and does not move with one session.
| Index | Close | Points | Change | P/E | P/B |
|---|---|---|---|---|---|
| Nifty 50 | 24,207.75 | ▼ -126.80 | ▼ -0.52% | 20.46 | 2.93 |
| Nifty Next 50 | 74,501.05 | ▼ -7.85 | ▼ -0.01% | 19.69 | 3.32 |
| Nifty 500 | 23,559.20 | ▼ -52.40 | ▼ -0.22% | 22.89 | 3.29 |
| Nifty Bank | 57,783.75 | ▲ +269.55 | ▲ +0.47% | 13.67 | 1.73 |
| NIFTY Midcap 100 | 64,101.20 | ▼ -61.70 | ▼ -0.10% | 30.89 | 4.43 |
Source: NSE ind_close_all_20260826
(levels, index P/E and P/B) and the full-market bhavcopy (breadth).
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.
| Sector | Index | Session | Idx P/E | Stance |
|---|---|---|---|---|
| Metals & Mining Nifty Metal · 3 researched | 13,541.70 | ▲ +1.27% | 16.5 | WATCH |
| Financial Services Nifty Financial Services · 1 researched | 26,386.75 | ▲ +0.53% | 16.2 | WATCH |
| Banks Nifty Bank · 11 researched | 57,783.75 | ▲ +0.47% | 13.7 | AVOID |
| Pharmaceuticals Nifty Pharma · 7 researched | 26,626.30 | ▲ +0.23% | 41.2 | AVOID |
| Healthcare & Hospitals Nifty Healthcare Index · 8 researched | 16,586.65 | ▼ -0.07% | 43.5 | WATCH |
| Hospitality & Tourism Nifty India Tourism · 3 researched | 8,036.90 | ▼ -0.44% | 90.6 | ACCUMULATE |
| Energy & Power Nifty Energy · 2 researched | 38,099.90 | ▼ -0.55% | 14.8 | WATCH |
| Automobiles Nifty Auto · 5 researched | 29,000.15 | ▼ -0.74% | 33.7 | WATCH |
| Realty Nifty Realty · 2 researched | 910.15 | ▼ -0.83% | 38.6 | WATCH |
| FMCG Nifty FMCG · 3 researched | 47,252.90 | ▼ -0.95% | 32.8 | WATCH |
| Information Technology Nifty IT · 4 researched | 30,318.85 | ▼ -1.47% | 19.3 | WATCH |
Index P/E from NSE's official daily index file.
Largest moves among the 1444 tracked names this session, against the 2026-08-25 close.
| Company | Call | Prev | Close | Move |
|---|---|---|---|---|
| Wonder Electricals Ltd WEL | HOLD | ₹134.02 | ₹155.92 | ▲ +16.34% |
| Virtuoso Optoelectronics Ltd VOEPL | AVOID | ₹498.75 | ₹579.55 | ▲ +16.20% |
| Genesys International Corporation Ltd GENESYS | AVOID | ₹214.25 | ₹246.30 | ▲ +14.96% |
| Oriental Aromatics Ltd OAL | AVOID | ₹349.35 | ₹401.25 | ▲ +14.86% |
| Renaissance Global Ltd RGL | HOLD | ₹132.87 | ₹152.58 | ▲ +14.83% |
| Blue Cloud Softech Solutions Ltd BLUECLOUDS | HOLD | ₹22.28 | ₹20.02 | ▼ -10.14% |
| Elitecon International Ltd ELITECON | HOLD | ₹13.76 | ₹12.39 | ▼ -9.96% |
| Filatex India Ltd FILATEX | BUY | ₹82.11 | ₹75.19 | ▼ -8.43% |
| Orchid Pharma Ltd ORCHPHARMA | HOLD | ₹1,038.55 | ₹973.35 | ▼ -6.28% |
| Tanla Platforms Ltd TANLA | BUY | ₹556.05 | ₹526.05 | ▼ -5.40% |
A change to anything but AVOID publishes only after two consecutive sessions say the same thing; AVOID publishes at once.
and 8 more.
and 78 more.
No narrative was written for this session. Stories, and the news catalyst input to the sector stances, come from the morning research agent; when it has not run, the stances below renormalise over their three remaining inputs rather than assuming a neutral headline.
Entry score is 40% cheap-vs-history + 25% quality trend + 20% news catalyst + 15% technicals, for the 4 sectors with a researched catalyst. The other 12 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.
| Sector | Stance | Entry | Cheap | Quality | Tech | News | Index | Idx P/E | B/W/H/A |
|---|---|---|---|---|---|---|---|---|---|
| Information Technology 75 scanned · 4 researched | WATCH | 60.2 | 61.4 | 78.7 | 39.8 | — | ▼ -1.47% | 19.3 | 11/9/46/9 |
| Banks 40 scanned · 11 researched | AVOID | 41.0 | 19.8 | 52.3 | 66.6 | — | ▲ +0.47% | 13.7 | 7/1/27/5 |
| Pharmaceuticals 85 scanned · 7 researched | AVOID | 44.0 | 19.0 | 72.0 | 63.8 | — | ▲ +0.23% | 41.2 | 13/23/39/10 |
| Automobiles 108 scanned · 5 researched | WATCH | 47.7 | 20.8 | 78.4 | 68.1 | — | ▼ -0.74% | 33.7 | 32/31/34/11 |
| FMCG 106 scanned · 3 researched | WATCH | 57.2 | 50.0 | 68.3 | 57.7 | — | ▼ -0.95% | 32.8 | 11/23/56/16 |
| Metals & Mining 82 scanned · 3 researched | WATCH | 47.8 | 28.6 | 68.2 | 65.3 | — | ▲ +1.27% | 16.5 | 14/15/33/20 |
| Realty 39 scanned · 2 researched | WATCH | 50.6 | 50.0 | 52.0 | 52.0 | — | ▼ -0.83% | 38.6 | 1/3/15/20 |
| Energy & Power 82 scanned · 2 researched | WATCH | 51.1 | 38.3 | 63.8 | 63.9 | — | ▼ -0.55% | 14.8 | 14/7/31/30 |
| Financial Services 145 scanned · 5 ranked elsewhere · 1 researched | WATCH | 50.4 | 50.0 | 44.9 | 61.2 | — | ▲ +0.53% | 16.2 | 13/12/82/38 |
| Healthcare & Hospitals 57 scanned · 16 ranked elsewhere · 8 researched | WATCH | 47.3 | 23.9 | 74.6 | 64.2 | — | ▼ -0.07% | 43.5 | 12/17/22/6 |
| Hospitality & Tourism 37 scanned · 3 researched | ACCUMULATE | 65.7 | 66.0 | 69.5 | 58.8 | — | ▼ -0.44% | 90.6 | 7/8/12/10 |
| Chemicals 101 scanned | WATCH | 57.9 | 50.0 | 68.7 | 61.0 | — | — | — | 12/17/48/24 |
| Construction & Materials 127 scanned | WATCH | 59.2 | 62.7 | 61.8 | 45.6 | — | — | — | 12/13/63/39 |
| Capital Goods 103 scanned | WATCH | 51.8 | 30.0 | 78.1 | 66.2 | — | — | — | 13/16/60/14 |
| Textiles & Apparel 48 scanned · 1 researched | WATCH | 52.9 | 42.9 | 62.0 | 64.4 | — | — | — | 12/3/19/14 |
| Diversified & Other 1444 scanned · 1214 ranked elsewhere · 42 researched | WATCH | 55.1 | 44.9 | 67.0 | 62.4 | — | — | — | 211/227/674/332 |
Source: data/verdicts.json × NSE sector index closes.
Split across large/mid/small cap so this list isn't one tier's picks — new calls first, then the highest long-term composites within each. Each shows the figures that selected it — open the desk for the full six-lens panel.
| Metric | Why it is in the framework | Source |
|---|---|---|
| Return on capital, level and trend | Durable 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-score | A nine-signal accounting checklist that separates real improvers from statistically cheap traps | Piotroski 2000 JAR |
| Cash-flow-to-net-profit | Accrual-heavy profit reverts; cash-backed profit persists | Sloan 1996 TAR |
| P/E versus the stock's own history | Cheap relative to itself, not to a peer set that may be expensive as a whole | Basu 1977 JF |
| Book-to-market | The value premium, in its original form | Fama–French 1992 JF |
| EV/EBITDA | Capital-structure-neutral, so it compares a leveraged firm to an unleveraged one | Practitioner standard |
| Altman Z and interest coverage | Distressed 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-DMA | Nearness to the high has predicted continuation — but momentum crashes, so never alone | George & Hwang 2004 JF; Daniel & Moskowitz 2016 JFE |
| Promoter pledge | Pledged 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.