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Mon, 28 Sep 2026
1428 companies · 1449 sector slots · 21 sectors · 21 below Rs1000cr and not scanned · long-term lens

Trend Spotlight

Brent crude spikes past $106 after Trump rejects Iran's Hormuz proposal, compounding Fed-hike and rupee pressure.

Brent rose to $106.89/bbl (+2.46% on the day, +18% over the past month) on Sept 28 after Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, adding to the Fed's Sept 16 25bp hike to 3.75-4.00% (its first since 2023, with at least one more expected this year) and a rupee that has weakened to ~96.16/USD with reported RBI intervention. Together these widen India's import bill and current-account pressure, and are a headwind for oil-marketing-company margins and for rate-sensitive NBFCs/financials via tighter global liquidity -- a macro backdrop, not a single-sector catalyst.

Day ahead

Crude spike, a hawkish Fed and a weakening rupee set a cautious tone into today's open.

GIFT Nifty and Asian cues point to a weak start: Brent jumped to $106-108/bbl after Trump rejected Iran's latest Strait of Hormuz reopening proposal (talks reportedly continue this week), the rupee has slipped toward 95.95-96.15/USD on current-account-deficit fears from the crude spike plus persistent FII outflows, and the Fed's Sept 16 25bp hike to 3.75-4.00% (its first since 2023) keeps global liquidity tighter with futures pricing a further move by December. Asian markets traded mixed-to-weak overnight on the same crude/yield pressure (Kospi -2.4%, CSI 300 -1.9%, Nikkei roughly flat), and the Sensex/Nifty opened lower. Oil-marketing and import-heavy names, plus rate-sensitive financials, are most directly exposed.

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)

Published this session (19)

new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 4.36/5 including quality and value — the rare combination.
new
unconfirmed: price, sector
Unconfirmed: price, sector not checked — Weighted average rating 4.23/5 including quality and value — the rare combination.
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 4.2/5 including quality and value — the rare combination.
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 4.14/5 including quality and value — the rare combination.
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 4.38/5 including quality and value — the rare combination.
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 4.22/5 including quality and value — the rare combination.
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 3.98/5 including quality and value — the rare combination.
new
unconfirmed: price, sector
Unconfirmed: price, sector not checked — Weighted average rating 4.48/5 including quality and value — the rare combination.
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 3.91/5 including quality and value — the rare combination.
new
unconfirmed: sector
Unconfirmed: sector not checked — Weighted average rating 3.87/5 including quality and value — the rare combination.
new
Good business, bad price today (Value 2/5) — PEG 0.83; P/E cheaper than 43% of sector peers (P/E 36.93); EV/EBITDA 25.7, B/M 0.142. Watch for a better entry.
new
Good business, bad price today (Value 2/5) — PEG 0.66; P/E cheaper than 57% of sector peers (P/E 29.05); EV/EBITDA 25.7, B/M 0.16. Watch for a better entry.

and 7 more — full list on the site.

Awaiting a second session (18)

TickerClosePublished PendingNote
AEGISLOG ₹1,308.10 QUALITY-WAIT → HOLD if next session holds
CENTUM ₹4,571.20 QUALITY-WAIT → HOLD if next session holds
EMCURE ₹1,927.80 HOLD → BUY if next session holds
GLENMARK ₹2,325.70 QUALITY-WAIT → BUY if next session holds
GPIL ₹225.46 QUALITY-WAIT → HOLD if next session holds
IPCALAB ₹1,919.30 QUALITY-WAIT → HOLD if next session holds
JUBLINGREA ₹654.80 HOLD → BUY if next session holds
KALYANKJIL ₹564.00 HOLD → QUALITY-WAIT if next session holds
LENSKART ₹655.20 QUALITY-WAIT → HOLD if next session holds
LUPIN ₹2,062.00 HOLD → BUY if next session holds
MANINDS ₹953.35 QUALITY-WAIT → HOLD if next session holds
NAVA ₹547.00 BUY → HOLD if next session holds
NH ₹1,820.10 HOLD → BUY if next session holds
ORIENTELEC ₹160.00 QUALITY-WAIT → HOLD if next session holds
SANOFICONR ₹3,976.20 HOLD → BUY if next session holds
STAR ₹1,151.40 HOLD → BUY if next session holds
SUNCLAY ₹1,229.90 AVOID → HOLD if next session holds
THELEELA ₹547.90 HOLD → QUALITY-WAIT if next session holds

Reporting today

No tracked name reports today.

Coming up

Source: NSE event calendar, filtered to the 1428 tracked names.

Market Overview

IndexClosePoints ChangeP/EP/B
Nifty 50 22,780.25 ▼ -360.25 ▼ -1.56% 19.26 2.75
Nifty Next 50 70,309.50 ▼ -1,469.15 ▼ -2.05% 18.59 3.13
Nifty 500 22,232.15 ▼ -371.35 ▼ -1.64% 21.54 3.08
Nifty Bank 54,471.65 ▼ -1,108.75 ▼ -1.99% 12.89 1.63
NIFTY Midcap 100 59,914.20 ▼ -991.80 ▼ -1.63% 28.88 4.06
▲ 438 advancing ■ 29 unchanged ▼ 2186 declining of 2653 equities, vs the 2026-09-25 close
Cash market, ₹ crore
FII / FPI net
▼ -5,353.22
bought 9,048 · sold 14,401
DII net
▲ +5,189.02
bought 15,918 · sold 10,729
FII / FPI DII
FII / DII daily net cash flow · ₹ crore · scroll to zoom, drag to pan

Source: NSE ind_close_all_20260928 (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.

CompanyFirst flaggedVerdict then Verdict nowAt flagNow Move
Tribhovandas Bhimji Zaveri LtdTBZ Tue, 18 Aug 2026 BUY HOLD ₹251.05 ₹520.00 ▲ +107.1%
STL Networks LtdSTLNETWORK Tue, 18 Aug 2026 AVOID unchanged ₹25.68 ₹52.06 ▲ +102.7%
Raymond LtdRAYMOND Tue, 18 Aug 2026 HOLD unchanged ₹625.00 ₹1,179.95 ▲ +88.8%
Waterways Leisure Tourism LimitedCORDELIA Tue, 18 Aug 2026 HOLD unchanged ₹830.00 ₹102.64 ▼ -87.6%
TCC Concept LtdTCC Tue, 18 Aug 2026 HOLD unchanged ₹253.05 ₹49.35 ▼ -80.5%
Indo Rama Synthetics (India) LtdINDORAMA Tue, 18 Aug 2026 AVOID HOLD ₹56.81 ₹100.80 ▲ +77.4%
India Glycols LtdINDIAGLYCO Tue, 18 Aug 2026 BUY HOLD ₹1,139.20 ₹297.50 ▼ -73.9%
Kabra Extrusion Technik LtdKABRAEXTRU Tue, 18 Aug 2026 AVOID unchanged ₹512.60 ₹863.15 ▲ +68.4%
Shanthi Gears LtdSHANTIGEAR Tue, 18 Aug 2026 HOLD unchanged ₹388.95 ₹633.30 ▲ +62.8%
Oriental Aromatics LtdOAL Tue, 18 Aug 2026 AVOID unchanged ₹341.95 ₹553.15 ▲ +61.8%
Wheels India LtdWHEELS Tue, 18 Aug 2026 BUY unchanged ₹1,442.60 ₹2,323.80 ▲ +61.1%
Goodluck India LtdGOODLUCK Tue, 18 Aug 2026 BUY HOLD ₹1,330.00 ₹522.00 ▼ -60.8%

1416 more standing calls with history are not shown — this table is the 12 that have moved most since we flagged them.

Source: data/state.json (call memory) × data/prices/<date>.json.

Top Stories

IRDAI's draft insurance-commission caps move to consultation, comment window to Oct 25 Financial Services

IRDAI released a two-part consultation paper, 'Recalibrating Economics of Insurance Distribution,' on Sept 23 proposing steep cuts to distribution commissions -- life insurance first-year caps of 20-25% (down from as high as 40%), credit life to 2% from 28%, and expense-of-management caps of 12.5%/20% of GDPI with a five-year glide path. It remains a draft, with comments open until Oct 25 and no sign yet of it being watered down before formal notification. If it proceeds broadly as proposed, it pressures distribution economics at bancassurance-heavy names.

MFSL · LTF · HDFCLIFE

Container Corp more than doubles its FY27 volume-growth target to 18%, from 9% Logistics & Transport

Q1 FY27 volumes grew 8.89% YoY, broadly in line with the prior 9.5% full-year guide rather than trailing it as previously feared. Management has since raised the full-year FY27 total volume growth target to 18% (from 9%) and EXIM growth to 15% (from 8%), alongside a 24-25% margin target -- closing the guidance gap that had been the open question against the BUY call.

CONCOR

Muthoot Finance's H1 gold-loan AUM growth confirms its sharply raised FY26 guidance Financial Services

Consolidated loan AUM reached Rs 1,47,673 crore in H1 FY26, up 42% YoY, with gold-loan AUM up 45% YoY to Rs 1,24,918 crore -- comfortably ahead of even the raised 30-35% full-year guidance (up from an original 15%). Management attributes the pace to RBI's easier norms on sub-Rs 2.5 lakh gold loans, higher gold prices, and tighter unsecured-credit norms pushing demand toward gold loans.

MUTHOOTFIN

Tata Motors' commercial-vehicle arm posts 49% YoY sales growth in August, says FY27 targets already being hit Automobiles

TMCV's domestic-plus-international CV sales rose 49% YoY in August (44,411 units) after 37% growth in July, and management said several FY27 targets -- margin improvement, cash generation, and strengthening heavy-CV leadership -- are already being achieved ahead of schedule, supporting the pending HOLD->BUY call flip.

TMCV

Morgan Stanley cuts REC to Equal-Weight on slower growth ahead of the PFC merger, even as REC reiterates its own guidance Financial Services

Morgan Stanley downgraded REC (and PFC) to Equal-Weight, citing slower loan growth and lowered FY28/29 earnings estimates ahead of their proposed merger, which the government has said will keep the combined entity state-owned. REC separately reiterated 11-12% loan growth guidance and a Rs 10 lakh crore book target by 2030, and is seeking exchange fee waivers tied to past board-composition non-compliance -- a contained but real governance item to track.

RECLTD

Sector Scorecard

Entry score is 40% cheap-vs-history + 25% quality trend + 20% news catalyst + 15% technicals, for the 1 sector with a researched catalyst. The other 20 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 · 17 researched WATCH 61.2 62.6 78.5 28.4 — ▼ -0.26% 17.9 4/9/54/8
Banks 40 scanned · 13 researched WATCH 50.9 47.0 52.3 59.0 — ▼ -1.99% 12.9 1/0/30/9
Pharmaceuticals 85 scanned · 19 researched WATCH 45.4 19.8 72.0 69.2 — ▼ -0.89% 41.4 0/20/54/11
Automobiles 109 scanned · 35 researched WATCH 53.0 32.4 78.3 66.0 — ▼ -1.64% 30.8 14/22/62/11
FMCG 105 scanned · 7 researched WATCH 57.5 54.1 68.8 48.0 — ▼ -1.47% 31.4 4/19/65/17
Metals & Mining 83 scanned · 17 researched WATCH 51.7 38.0 67.9 61.2 — ▼ -1.78% 15.7 0/11/53/19
Realty 39 scanned · 4 researched WATCH 51.5 53.5 52.0 45.2 — ▼ -2.12% 36.1 1/2/15/21
Energy & Power 83 scanned · 18 researched WATCH 55.8 50.0 63.4 58.6 — ▼ -2.00% 14.2 5/9/37/32
Financial Services 148 scanned · 5 ranked elsewhere · 11 researched WATCH 54.8 66.0 43.6 49.7 +0 ▼ -1.69% 15.1 0/4/90/54
Healthcare & Hospitals 58 scanned · 16 ranked elsewhere · 8 researched WATCH 48.8 27.1 73.8 65.0 — ▼ -0.85% 43.3 4/16/33/5
Hospitality & Tourism 37 scanned · 8 researched ACCUMULATE 63.6 67.4 68.6 45.2 — ▼ -1.92% 86.2 0/6/21/10
Chemicals 98 scanned · 8 researched WATCH 57.4 52.5 68.5 52.0 — — — 2/12/61/23
Construction & Materials 123 scanned · 10 researched ACCUMULATE 62.8 73.3 61.8 36.6 — — — 3/11/69/40
Capital Goods 101 scanned · 15 researched WATCH 53.7 35.0 78.5 62.2 — — — 10/11/66/14
Textiles & Apparel 47 scanned · 5 researched WATCH 56.0 50.0 62.6 61.0 — — — 2/6/27/12
Retail & Consumer 67 scanned · 4 researched WATCH 59.1 55.3 68.4 53.8 — — — 2/9/37/19
Packaging & Plastics 34 scanned · 2 researched WATCH 53.9 40.9 64.7 70.6 — — — 2/4/20/8
Logistics & Transport 25 scanned · 6 researched WATCH 48.5 35.3 67.6 52.0 — — — 6/3/9/7
Telecom & Media 29 scanned · 5 researched WATCH 52.7 50.0 60.2 47.6 — — — 3/1/14/11
Commercial Services 31 scanned · 6 researched WATCH 59.9 64.0 52.8 61.0 — — — 2/2/14/13
Diversified & Other 32 scanned · 1 researched WATCH 47.7 34.3 59.7 63.2 — — — 0/3/18/11

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.

new call this session
unconfirmed: price, sector
composite 75.7 on quality, timing, valuation
Composite 75.7 Mkt Cap 159,321 cr · Large P/E 21.51 ROCE 35.9% Piotroski 3/3
new call this session
unconfirmed: sector
P/E in the 64th percentile of its own 3-year range · ROCE 35.2% (up 11.2pt over 5y)
Composite 67.0 Mkt Cap 107,870 cr · Large P/E 19.46 ROCE 35.2% Piotroski 6/9
new call this session
unconfirmed: sector
P/E in the 3th percentile of its own 3-year range · ROCE 13.9% (up 4.9pt over 5y) · Piotroski 9/9
Composite 77.1 Mkt Cap 24,744 cr · Mid P/E 11.66 ROCE 13.9% Piotroski 9/9
new call this session
unconfirmed: price, sector
Piotroski 8/9
Composite 69.7 Mkt Cap 20,248 cr · Mid P/E 32.6 ROCE 60.8% Piotroski 8/9
new call this session
unconfirmed: sector
P/E in the 16th percentile of its own 3-year range · ROCE 14.8% (up 7.8pt over 5y)
Composite 81.8 Mkt Cap 8,657 cr · Small P/E 45.3 ROCE 14.8% Piotroski 5/9
new call this session
ROCE 7.71% (up 4.7pt over 5y)
Composite 79.5 Mkt Cap 5,368 cr · Small P/E 18.11 ROCE 7.71% Piotroski 6/9
new call this session
Highly Volatile
ROCE 40.4% (up 33.4pt over 5y) · Piotroski 7/8
Composite 74.9 Mkt Cap 3,328 cr · Micro P/E 33.5 ROCE 40.4% Piotroski 7/8
new call this session
Highly Volatile
P/E in the 98th percentile of its own 3-year range · ROCE 21.2% (up 23.2pt over 5y)
Composite 66.1 Mkt Cap 4,076 cr · Micro P/E 29.05 ROCE 21.2% Piotroski 5/8

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.