1420 companies · 1441 sector slots · 21 sectors · 27 below Rs1000cr and not scanned · long-term lens
Trend Spotlight
Fortis carries two live legal threads, not one: the Supreme Court deferred action on hospital drug markups to an Oct 12 hearing, while a separate Delhi High Court-ordered forensic audit tied to enforcing Daiichi Sankyo's ₹3,500cr arbitral award against former promoters Malvinder and Shivinder Singh keeps a legacy governance overhang alive.
Neither thread is resolved: the SC gave the government time for consultation rather than ordering an immediate cap, so the drug-markup risk remains open, not dropped or escalated, pending the Oct 12 hearing. The forensic audit is a different matter entirely — a court-ordered dig into historical conduct by promoters who no longer run the company — but it is a reminder that Fortis's governance ledger is not fully settled even years after the Singh brothers' exit. Neither development changes the stock's existing Franchise Risk read today; both are worth tracking into their respective next dates.
GIFT Nifty points to a modestly positive open as the market looks past elevated crude toward next week's RBI rate call.
GIFT Nifty was trading near 22,624.50, up about 0.6% in early trade, after a cautious pre-market tone on Oct 1 driven by crude near $103 and US-Iran talks. Brent itself is read inconsistently across sources this morning (roughly $97-104/bbl), so treat the crude input as noisy rather than settled. The week's real event is the RBI's Oct 5-7 MPC, with the repo rate at 5.25% and economists split on a 25bp hike given August CPI at 4.82% (a 21-month high) and the rupee near 96/USD; strong Q1 FY27 GDP of 7.8% gives the committee room to lean toward inflation control over growth support. The US Fed, which hiked to 3.75-4.00% on Sept 16, meets again Oct 28, with most policymakers still expecting one more hike this year.
Good business, bad price today (Value 1/5) — PEG n/a; P/E cheaper than 25% of sector peers (P/E 42.28); EV/EBITDA 27.7, B/M 0.337. Watch for a better entry.
Source: NSE event calendar, filtered to the 1420 tracked names.
Market Overview
Index
Close
Points
Change
P/E
P/B
Nifty 50
22,421.95
▼ -198.50
▼ -0.88%
19.19
2.75
Nifty Next 50
68,981.35
▼ -765.60
▼ -1.10%
18.08
3.31
Nifty 500
21,857.75
▼ -214.35
▼ -0.97%
21.56
3.06
Nifty Bank
54,450.75
▼ -182.30
▼ -0.33%
12.91
1.64
NIFTY Midcap 100
58,732.00
▼ -600.05
▼ -1.01%
27.70
3.73
▲ 566 advancing■ 23 unchanged▼ 2065 decliningof 2654 equities, vs the 2026-09-30 close
Cash market, ₹ crore
FII / FPI net
▼ -9,484.22
bought 12,260 · sold 21,744
DII net
▲ +10,041.84
bought 25,420 · sold 15,378
FII / FPI
DII
Source: NSE ind_close_all_20261001
(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.
IRDAI's commission-cap consultation keeps moving toward notification, and the PB Fintech/Turtlemint selloff is a continuation of that, not a new shock Financial Services
The feedback window on IRDAI's distribution-commission caps stays open to Oct 25 with no sign of dilution so far, matching the open claim's premise rather than its falsifier. Today's dispersion move (Turtlemint -8.70%, PolicyBazaar -7.89%) extends the same four-session selloff that followed the Sept 23 proposal, not a fresh catalyst. Separately, PB Fintech publicly denied CEO resignation speculation and confirmed Yashish Dahiya is staying — a governance stabilizer, though the fact that the rumor circulated at all during a -44.9% drawdown is itself notable.
CONCOR's own FY27 guidance is for a sharp deceleration, not the raise an earlier read attributed to it Logistics & Transport
FY26 guidance was revised up to 15% EXIM / 25% domestic / 18% overall, following record FY26 throughput of 5.58 million TEUs. But the company's separate FY27 guidance is for just 8% EXIM / 15% domestic / 9.5% overall — a clear slowdown from FY26's pace, not the FY27 figure being lifted to 18%. The two years' guidance had previously been conflated as one revised-up FY27 number; treating them separately changes the growth read materially.
Emmvee subsidiary hit with a ₹38.45cr GST show-cause notice Capital Goods
Karnataka's GST department issued the notice to Emmvee Energy Private Limited (a subsidiary) on 30 Sept 2026; management has formally rejected the findings. The amount is small next to FY26 profit of ₹1,082cr and remains a show-cause notice rather than a confirmed liability, but it is a fresh regulatory flag not previously on record.
Zensar's Cisco story is now two-sided: a client-reduction report sits alongside a fresh Cisco service award Information Technology
A single-sourced report that Cisco, one of Zensar's top-five clients, is cutting back business remains uncorroborated by a second outlet. Separately, Cisco's own press material says it gave Zensar a Service Excellence Award in October, with its CPO praising a 'decade-long partnership' and 'solid operational performance' — in tension with an active drawdown narrative, though an award and a volume cut aren't strictly incompatible. Still single-sourced on the reduction itself; nothing resolves the open claim either way.
REC's confirmed Q1 FY27 loan growth of ~1% YoY lands well short of the 11-12% guided pace Financial Services
This is the first hard figure found against the open growth-deceleration claim tied to Morgan Stanley's downgrade ahead of the REC-PFC merger — Q1, not the Q2/Q3 window the claim's falsifier actually targets, but directionally consistent with the bear case rather than against it. No Q2 FY27 figures are out yet.
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.