1414 companies · 1435 sector slots · 20 sectors · 35 below Rs1000cr and not scanned · long-term lens
Trend Spotlight
RBI raises the repo rate to 5.50% and shifts to a 'calibrated tightening' stance, its first hike since February 2023.
The MPC's October 5-7 meeting lifted the repo rate 25bps to 5.50%, with two of six members dissenting in favour of holding neutral; the move follows September CPI accelerating to 5.54% (from 4.83% in August) on a food-price spike. For a long-term holder, a stance shift to calibrated tightening — not just one hike — raises the real cost of capital across every rate-sensitive sector (NBFCs, realty, auto financing) and signals the central bank now treats inflation, not growth, as the binding constraint, even with RBI's own FY27 GDP forecast unchanged at 7.1%.
RBI's Oct 7 hawkish turn and a hotter-than-expected September CPI print set the backdrop; no verifiable overnight India futures level found for this morning.
The MPC's 25bps repo hike to 5.50% and its shift to 'calibrated tightening' (Oct 7) is now compounded by September CPI accelerating to 5.54% y/y -- the highest since October 2024, on a food-price spike (onions +108% y/y) -- with sources split on whether it beat or missed consensus. Governor Malhotra has ruled out a near-term cut; the next MPC meets Dec 2-4. Globally, the US Fed's Oct 27-28 FOMC is genuinely split between a hold and another 25bp hike (fed funds currently 3.75-4.00%), and no reliable GIFT Nifty/SGX Nifty level or fresh Wall Street close could be confirmed for Oct 20-21 -- the most recent verifiable US close found was Oct 9. Flagging this gap rather than guessing a number.
Good business, bad price today (Value 1/5) — PEG 0.82; P/E cheaper than 39% of sector peers (P/E 36.72); EV/EBITDA 25.5, B/M 0.143. Watch for a better entry.
Good business, bad price today (Value 2/5) — PEG n/a; P/E cheaper than 50% of sector peers (P/E 44.71); EV/EBITDA 28.4, B/M 0.137. Watch for a better entry.
Good business, bad price today (Value 1/5) — PEG 2.2; P/E cheaper than 33% of sector peers (P/E 35.39); EV/EBITDA 25.1, B/M 0.04. Watch for a better entry.
Good business, bad price today (Value 2/5) — PEG 0.22; P/E cheaper than 38% of sector peers (P/E 28.18); EV/EBITDA 19.8, B/M 0.098. Watch for a better entry.
Source: NSE event calendar, filtered to the 1414 tracked names.
Market Overview
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
▲ 487 advancing■ 24 unchanged▼ 2173 decliningof 2684 equities, vs the 2026-10-16 close
Cash market, ₹ crore
FII / FPI net
▼ -1,148.64
bought 11,241 · sold 12,389
DII net
▲ +3,201.19
bought 14,781 · sold 11,580
FII / FPI
DII
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.
Since We Flagged
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.
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.).
Nomura reports IndiaMART lost roughly 1,800 paying subscribers in Q1FY27 — up from 1,200 in Q4FY26 and 1,000 in Q3FY26, an escalating trend — while gross additions stayed anaemic. Jefferies cut its rating to Underperform (target Rs1,650, from Rs1,810) and DAM Capital also trimmed its target; the stock fell 7.5% intraday. Revenue and PAT still grew double digits YoY, so this reads as a credible but unconfirmed client-concentration trend rather than a confirmed guidance cut — worth watching against the stock's standing BUY call.
PC Jeweller confirms debt-free status as all 14 lender banks issue no-dues letters Retail & Consumer
An October 8 exchange filing confirmed all 14 consortium banks have issued release/no-dues letters, making PC Jeweller debt-free, alongside a business update showing ~28% YoY revenue growth for the September quarter. Shares hit a 52-week high on October 16 after an investor bought a 0.52% stake via bulk deal. This is a genuine company-specific positive — not a sector-wide RETAIL catalyst — with Q2 results due October 21.
ONGC guides to 39 MMT FY27 output, but has missed its own production targets for seven straight years Energy & Power
Management projects standalone output of 39 MMT in FY27 and 40 MMT in FY28 on a KG-DWN-98/2 gas ramp-up, after FY26 oil guidance was already cut to 19.8 million tonnes and the most recent quarter's oil and gas output both fell YoY on reservoir complexity. A Nuvama note flags that ONGC has not met its guided oil production in any of the past seven years — a real credibility discount on the BUY call's growth thesis, even with no client-loss or governance flag found.
Foreign-vessel cabotage waiver for container transshipment was already rescinded, not merely facing an October expiry Logistics & Transport
India's Ministry of Ports, Shipping and Waterways rescinded the 2018 orders letting foreign-flag vessels carry transshipment cargo without a DG Shipping licence, effective around April 2026 by one account — months earlier than an analyst note's claimed October 2026 expiry. Adani Ports and the Container Shipping Lines Association have pushed for continuation or a Section 407(3) exemption, warning Vizhinjam (over 95% MSC-dependent) and JNPA could lose volume to foreign hubs, and MSC has signalled a possible exit from Vizhinjam. Current status is unconfirmed and this is single-sourced on the specific timeline — a real but uncertain negative for transshipment-exposed logistics names, distinct from GPPL's separate, still-unresolved concession-extension question.
Entry score is 40% cheap-vs-history + 25% quality trend + 20% news catalyst + 15% technicals, for the 5 sectors with a researched catalyst. The other 15 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.
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.