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.
A change to anything but AVOID publishes only after two consecutive sessions say the same thing; AVOID publishes at once.
| Ticker | Close | Published | Pending | Note | |
|---|---|---|---|---|---|
| ALGOQUANT | ₹72.83 | HOLD | → | QUALITY-WAIT | if next session holds |
| BHEL | ₹427.35 | QUALITY-WAIT | → | HOLD | if next session holds |
| FUSION | ₹150.65 | AVOID | → | HOLD | if next session holds |
| GANESHHOU | ₹677.45 | HOLD | → | BUY | if next session holds |
| GULFOILLUB | ₹1,061.30 | QUALITY-WAIT | → | HOLD | if next session holds |
| ICICIGI | ₹1,650.00 | AVOID | → | HOLD | if next session holds |
| JUBLINGREA | ₹623.70 | HOLD | → | BUY | if next session holds |
| METROPOLIS | ₹519.10 | HOLD | → | QUALITY-WAIT | if next session holds |
| MIDWESTLTD | ₹1,129.35 | HOLD | → | QUALITY-WAIT | if next session holds |
| RPGLIFE | ₹2,843.00 | QUALITY-WAIT | → | HOLD | if next session holds |
| SHARDAMOTR | ₹868.10 | BUY | → | HOLD | if next session holds |
| SHILPAMED | ₹876.20 | QUALITY-WAIT | → | HOLD | if next session holds |
| VSSL | ₹369.00 | HOLD | → | QUALITY-WAIT | if next session holds |
No tracked name reports today.
Source: NSE event calendar, filtered to the 1414 tracked names.
| Index | Close | Points | Change | P/E | P/B |
|---|---|---|---|---|---|
| Nifty 50 | 22,888.95 | ▼ -257.20 | ▼ -1.11% | 19.33 | 2.81 |
| Nifty Next 50 | 68,695.85 | ▼ -292.75 | ▼ -0.42% | 17.93 | 3.30 |
| Nifty 500 | 22,041.60 | ▼ -228.45 | ▼ -1.03% | 21.50 | 3.09 |
| Nifty Bank | 55,488.10 | ▼ -355.90 | ▼ -0.64% | 12.82 | 1.67 |
| NIFTY Midcap 100 | 58,487.95 | ▼ -641.80 | ▼ -1.09% | 27.35 | 3.72 |
Source: NSE ind_close_all_20261019
(levels, index P/E and P/B) and the full-market bhavcopy (breadth).
Index P/E from NSE's official daily index file.
The desk's track record — every call it has published, scored over the stretch it actually stood: from the close on the day it was made (restated for any split or bonus) to the day the desk changed it, the name left coverage, or today. Each is set against Nifty 500 over the same window. A BUY should beat it; an AVOID should lag it.
| Call | Calls | Standing | Median move | Median vs Nifty 500 | Beat Nifty 500 |
|---|---|---|---|---|---|
| BUY | 630 | 40 | ▼ -0.3% | ▲ +0.0% | 50% |
| QUALITY-WAIT | 492 | 139 | ▼ -2.2% | ▼ -1.1% | 38% |
| HOLD | 1783 | 839 | ▼ -1.8% | ▼ -0.3% | 47% |
| AVOID | 854 | 358 | ▼ -1.2% | ▼ -0.5% | 44% |
| Company | Called since | Call | Previous call | At call | Now | Move | vs Nifty 500 |
|---|---|---|---|---|---|---|---|
| PC Jeweller LtdPCJEWELLER | Tue, 18 Aug 2026 | HOLD | — | ₹9.62 | ₹18.13 | ▲ +88.5% | ▲ +94.6% |
| Oriental Aromatics LtdOAL | Tue, 18 Aug 2026 | AVOID | — | ₹341.95 | ₹624.40 | ▲ +82.6% | ▲ +88.7% |
| Raymond LtdRAYMOND | Tue, 18 Aug 2026 | HOLD | — | ₹625.00 | ₹1,130.60 | ▲ +80.9% | ▲ +87.0% |
| SBC Exports LtdSBC | Tue, 18 Aug 2026 | HOLD | — | ₹38.66 | ₹64.50 | ▲ +66.8% | ▲ +72.9% |
| Shanti Gold International LtdSHANTIGOLD | Tue, 18 Aug 2026 | HOLD | — | ₹253.85 | ₹414.65 | ▲ +63.3% | ▲ +69.4% |
| STL Networks LtdSTLNETWORK | Tue, 18 Aug 2026 | AVOID | — | ₹25.68 | ₹41.06 | ▲ +59.9% | ▲ +66.0% |
| D.P. Abhushan LtdDPABHUSHAN | Tue, 18 Aug 2026 | HOLD | — | ₹1,457.20 | ₹2,302.70 | ▲ +58.0% | ▲ +64.1% |
| MV Electrosystems LtdMVELECTRO | Tue, 18 Aug 2026 | AVOID | — | ₹574.10 | ₹891.25 | ▲ +55.2% | ▲ +61.3% |
| Media Matrix Worldwide LtdMMWL | Tue, 18 Aug 2026 | HOLD | — | ₹14.91 | ₹23.07 | ▲ +54.7% | ▲ +60.8% |
| One Point One Solutions LtdONEPOINT | Tue, 18 Aug 2026 | HOLD | — | ₹56.25 | ₹83.89 | ▲ +49.1% | ▲ +55.2% |
| Elitecon International LtdELITECON | Tue, 18 Aug 2026 | HOLD | — | ₹17.13 | ₹6.63 | ▼ -61.3% | ▼ -55.2% |
| Kross LtdKROSS | Tue, 18 Aug 2026 | HOLD | — | ₹202.50 | ₹297.55 | ▲ +46.9% | ▲ +53.0% |
3759 calls scored since Wed, 5 Aug 2026: 1376 standing, 1771 closed when the desk changed the call, 612 closed when the name left coverage (at its last published close). 2029 of them are the call a name was given on entering coverage, not one the desk changed to. 1364 more standing calls with history are not shown — this table is the 12 that have moved most against Nifty 500 since they were made. 31 calls published this session are not scored yet — no session to move in. 24 have no cached close at one end of their window and are not scored. 10 entry prices restated for a split or bonus inside the window (marked adj.).
Source: data/archive/<session>.json (every published call) × data/prices/<date>.json × data/market/<date>.json (Nifty 500).
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 + 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.
| Sector | Stance | Entry | Cheap | Quality | Tech | News | Index | Idx P/E | B/W/H/A |
|---|---|---|---|---|---|---|---|---|---|
| Information Technology 75 scanned · 13 researched | WATCH | 61.9 | 61.6 | 78.5 | 35.0 | — | ▼ -1.28% | 19.5 | 0/9/57/9 |
| Banks 40 scanned · 5 researched | WATCH | 50.6 | 45.6 | 52.3 | 61.0 | — | ▼ -0.64% | 12.8 | 0/0/31/9 |
| Pharmaceuticals 88 scanned · 26 researched | WATCH | 49.4 | 28.3 | 71.5 | 68.6 | — | ▼ -0.65% | 39.6 | 0/14/61/13 |
| Automobiles 109 scanned · 29 researched | WATCH | 57.3 | 45.4 | 78.3 | 54.2 | — | ▼ -0.69% | 29.7 | 12/16/70/11 |
| FMCG 105 scanned · 10 researched | WATCH | 59.9 | 60.3 | 69.0 | 43.6 | — | ▼ -1.44% | 30.4 | 0/20/66/19 |
| Metals & Mining 81 scanned · 16 researched | WATCH | 55.3 | 48.5 | 67.5 | 53.0 | — | ▼ -0.55% | 15.8 | 0/5/58/18 |
| Realty 39 scanned · 2 researched | WATCH | 55.6 | 68.0 | 52.0 | 28.6 | — | ▼ -1.20% | 34.5 | 1/2/14/22 |
| Energy & Power 83 scanned · 12 researched | WATCH | 56.2 | 54.1 | 63.7 | 49.2 | — | ▼ -0.60% | 14.2 | 4/7/40/32 |
| Financial Services 148 scanned · 5 ranked elsewhere · 12 researched | WATCH | 57.8 | 70.0 | 44.7 | 46.9 | — | ▼ -1.58% | 15.1 | 0/3/93/52 |
| Healthcare & Hospitals 57 scanned · 16 ranked elsewhere · 11 researched | WATCH | 58.4 | 49.2 | 73.0 | 58.8 | — | ▼ -0.80% | 40.5 | 4/9/39/5 |
| Hospitality & Tourism 38 scanned · 8 researched | ACCUMULATE | 65.6 | 73.1 | 69.0 | 40.0 | — | ▼ -0.88% | 85.4 | 3/5/20/10 |
| Chemicals 102 scanned · 7 researched | ACCUMULATE | 63.3 | 65.3 | 67.8 | 50.3 | — | — | — | 2/10/62/28 |
| Construction & Materials 125 scanned · 10 researched | ACCUMULATE | 64.3 | 75.8 | 61.8 | 37.6 | — | — | — | 4/11/70/40 |
| Capital Goods 103 scanned · 16 researched | WATCH | 55.1 | 41.5 | 79.0 | 51.6 | — | — | — | 7/14/63/19 |
| Textiles & Apparel 48 scanned · 5 researched | WATCH | 54.0 | 45.2 | 62.0 | 63.9 | — | — | — | 4/3/27/14 |
| Retail & Consumer 65 scanned · 5 researched | WATCH | 57.1 | 50.0 | 68.4 | 57.2 | — | — | — | 2/9/35/19 |
| Packaging & Plastics 33 scanned · 2 researched | WATCH | 58.9 | 50.0 | 65.3 | 71.8 | — | — | — | 1/4/19/9 |
| Logistics & Transport 26 scanned · 6 researched | WATCH | 52.1 | 37.4 | 69.3 | 62.5 | — | — | — | 0/3/17/6 |
| Telecom & Media 33 scanned · 3 researched | WATCH | 51.9 | 50.0 | 59.8 | 43.8 | — | — | — | 3/2/14/14 |
| Commercial Services 37 scanned · 5 researched | WATCH | 55.0 | 57.7 | 52.5 | 52.0 | — | — | — | 0/1/21/15 |
Source: data/verdicts.json × NSE sector index closes.
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.
| 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.