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 | 23,431.50 | ▼ -203.60 | ▼ -0.86% | 19.81 | 2.83 |
| Nifty Next 50 | 72,853.85 | ▼ -96.80 | ▼ -0.13% | 19.26 | 3.24 |
| Nifty 500 | 22,958.75 | ▼ -147.35 | ▼ -0.64% | 22.25 | 3.19 |
| Nifty Bank | 56,295.55 | ▼ -482.00 | ▼ -0.85% | 13.32 | 1.69 |
| NIFTY Midcap 100 | 62,592.80 | ▼ -323.00 | ▼ -0.51% | 30.17 | 4.31 |
FII/DII cash flows have not published for this session yet — NSE releases them later in the evening, after this report goes out. They appear in tomorrow morning's Open. No figure is shown here rather than the previous session's.
Source: NSE ind_close_all_20260909
(levels, index P/E and P/B) and the full-market bhavcopy (breadth).
Index P/E from NSE's official daily index file.
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. Sectors with no listed NSE index show — for the session columns; the stance still applies.
| Sector | Index | Session | Idx P/E | Stance |
|---|---|---|---|---|
| Metals & Mining Nifty Metal · 8 researched | 13,391.40 | ▲ +1.79% | 16.3 | AVOID |
| Energy & Power Nifty Energy · 11 researched | 38,333.65 | ▲ +0.63% | 14.9 | WATCH |
| Hospitality & Tourism Nifty India Tourism · 6 researched | 7,787.65 | ▼ -0.03% | 87.8 | WATCH |
| Healthcare & Hospitals Nifty Healthcare Index · 3 researched | 16,581.15 | ▼ -0.26% | 43.5 | WATCH |
| Automobiles Nifty Auto · 21 researched | 27,653.35 | ▼ -0.44% | 32.1 | WATCH |
| Pharmaceuticals Nifty Pharma · 11 researched | 26,691.80 | ▼ -0.70% | 41.3 | AVOID |
| Banks Nifty Bank · 13 researched | 56,295.55 | ▼ -0.85% | 13.3 | AVOID |
| FMCG Nifty FMCG · 4 researched | 45,309.25 | ▼ -0.96% | 31.4 | WATCH |
| Financial Services Nifty Financial Services · 5 researched | 25,376.80 | ▼ -1.24% | 15.6 | WATCH |
| Realty Nifty Realty · 5 researched | 872.20 | ▼ -2.23% | 37.0 | WATCH |
| Information Technology Nifty IT · 16 researched | 28,913.95 | ▼ -3.24% | 18.4 | WATCH |
| Capital Goods no listed index · 7 researched | — | — | — | WATCH |
| Chemicals no listed index · 3 researched | — | — | — | WATCH |
| Commercial Services no listed index · 3 researched | — | — | — | WATCH |
| Construction & Materials no listed index · 6 researched | — | — | — | WATCH |
| Diversified & Other no listed index · 1 researched | — | — | — | WATCH |
| Packaging & Plastics no listed index | — | — | — | WATCH |
| Retail & Consumer no listed index · 1 researched | — | — | — | WATCH |
| Telecom & Media no listed index · 2 researched | — | — | — | WATCH |
| Textiles & Apparel no listed index · 2 researched | — | — | — | WATCH |
| Logistics & Transport no listed index · 1 researched | — | — | — | AVOID |
Largest moves among the 1433 tracked names this session, against the 2026-09-08 close.
| Company | Call | Prev | Close | Move |
|---|---|---|---|---|
| Novartis India Ltd NOVARTIND | HOLD | ₹1,822.00 | ₹2,186.40 | ▲ +20.00% |
| Bhartiya International Ltd BIL | AVOID | ₹936.85 | ₹1,108.20 | ▲ +18.29% |
| India Nippon Electricals Ltd INDNIPPON | HOLD | ₹1,122.30 | ₹1,313.30 | ▲ +17.02% |
| Graphite India Ltd GRAPHITE | HOLD | ₹734.25 | ₹844.65 | ▲ +15.04% |
| Indo Rama Synthetics (India) Ltd INDORAMA | HOLD | ₹74.98 | ₹86.13 | ▲ +14.87% |
| GSP Crop Science Ltd GSPCROP | HOLD | ₹531.00 | ₹491.35 | ▼ -7.47% |
| Kiri Industries Ltd KIRIINDUS | AVOID | ₹588.10 | ₹550.75 | ▼ -6.35% |
| XPRO India Ltd XPROINDIA | HOLD | ₹1,389.70 | ₹1,301.40 | ▼ -6.35% |
| Aeroflex Enterprises Ltd AEROENTER | HOLD | ₹152.65 | ₹142.95 | ▼ -6.35% |
| Bajaj Hindusthan Sugar Ltd BAJAJHIND | AVOID | ₹22.66 | ₹21.35 | ▼ -5.78% |
A change to anything but AVOID publishes only after two consecutive sessions say the same thing; AVOID publishes at once.
and 6 more — full list on the site.
| Ticker | Close | Published | Pending | Note | |
|---|---|---|---|---|---|
| AEGISLOG | ₹1,343.40 | HOLD | → | QUALITY-WAIT | if next session holds |
| ANTELOPUS | ₹1,169.40 | HOLD | → | QUALITY-WAIT | if next session holds |
| BDL | ₹1,218.10 | QUALITY-WAIT | → | HOLD | if next session holds |
| BHEL | ₹433.70 | HOLD | → | QUALITY-WAIT | if next session holds |
| BLUEJET | ₹575.30 | HOLD | → | QUALITY-WAIT | if next session holds |
| EIEL | ₹206.06 | AVOID | → | HOLD | if next session holds |
| FOSECOIND | ₹6,080.00 | QUALITY-WAIT | → | HOLD | if next session holds |
| ICICIBANK | ₹1,389.10 | QUALITY-WAIT | → | HOLD | if next session holds |
| RACLGEAR | ₹1,633.90 | HOLD | → | QUALITY-WAIT | if next session holds |
| SUNDARMFIN | ₹4,728.00 | AVOID | → | HOLD | if next session holds |
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 · 16 researched | WATCH | 61.9 | 62.7 | 78.5 | 32.0 | — | ▼ -3.24% | 18.4 | 0/9/59/7 |
| Banks 40 scanned · 13 researched | AVOID | 44.8 | 32.6 | 52.3 | 64.8 | — | ▼ -0.85% | 13.3 | 0/1/30/9 |
| Pharmaceuticals 85 scanned · 11 researched | AVOID | 42.9 | 16.6 | 72.0 | 64.4 | — | ▼ -0.70% | 41.3 | 0/18/56/11 |
| Automobiles 109 scanned · 21 researched | WATCH | 47.4 | 21.5 | 78.6 | 64.6 | — | ▼ -0.44% | 32.1 | 0/21/77/11 |
| FMCG 106 scanned · 4 researched | WATCH | 57.4 | 52.4 | 68.3 | 52.7 | — | ▼ -0.96% | 31.4 | 0/21/67/18 |
| Metals & Mining 83 scanned · 8 researched | AVOID | 44.8 | 22.4 | 67.9 | 65.8 | — | ▲ +1.79% | 16.3 | 0/11/55/17 |
| Realty 38 scanned · 5 researched | WATCH | 54.4 | 51.4 | 52.0 | 66.4 | — | ▼ -2.23% | 37.0 | 0/1/17/20 |
| Energy & Power 83 scanned · 11 researched | WATCH | 54.3 | 46.1 | 63.4 | 61.0 | — | ▲ +0.63% | 14.9 | 0/6/44/33 |
| Financial Services 149 scanned · 5 ranked elsewhere · 5 researched | WATCH | 51.8 | 52.8 | 43.9 | 62.4 | — | ▼ -1.24% | 15.6 | 0/5/95/49 |
| Healthcare & Hospitals 58 scanned · 16 ranked elsewhere · 3 researched | WATCH | 46.9 | 23.8 | 73.8 | 63.8 | — | ▼ -0.26% | 43.5 | 0/15/38/5 |
| Hospitality & Tourism 38 scanned · 6 researched | WATCH | 59.1 | 60.8 | 67.4 | 40.6 | — | ▼ -0.03% | 87.8 | 0/4/24/10 |
| Chemicals 100 scanned · 3 researched | WATCH | 57.8 | 50.0 | 68.5 | 61.0 | — | — | — | 0/13/63/24 |
| Construction & Materials 127 scanned · 6 researched | WATCH | 60.2 | 66.6 | 60.8 | 42.4 | — | — | — | 0/12/72/43 |
| Capital Goods 103 scanned · 7 researched | WATCH | 50.5 | 27.0 | 78.5 | 66.4 | — | — | — | 0/15/75/13 |
| Textiles & Apparel 47 scanned · 2 researched | WATCH | 50.0 | 38.0 | 62.6 | 61.0 | — | — | — | 0/5/30/12 |
| Retail & Consumer 67 scanned · 1 researched | WATCH | 58.5 | 50.0 | 68.4 | 64.8 | — | — | — | 0/9/40/18 |
| Packaging & Plastics 34 scanned | WATCH | 51.3 | 35.7 | 64.7 | 70.7 | — | — | — | 0/4/22/8 |
| Logistics & Transport 25 scanned · 1 researched | AVOID | 44.6 | 23.2 | 67.6 | 63.4 | — | — | — | 0/3/15/7 |
| Telecom & Media 29 scanned · 2 researched | WATCH | 52.9 | 50.0 | 60.2 | 48.4 | — | — | — | 0/1/17/11 |
| Commercial Services 31 scanned · 3 researched | WATCH | 58.9 | 59.5 | 52.8 | 67.6 | — | — | — | 0/3/15/13 |
| Diversified & Other 32 scanned · 1 researched | WATCH | 48.6 | 36.0 | 59.7 | 63.5 | — | — | — | 0/3/17/12 |
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.