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The Close · The Open · The Long Desk · Archive · Research · Top Stocks
Fri, 18 Sep 2026
1433 companies · 1454 sector slots · 21 sectors · 17 below Rs1000cr and not scanned · long-term lens

Trend Spotlight

US Fed raises rates 25bps to 3.75%-4.00%, its first hike since 2023, ending the prior cutting cycle.

The FOMC voted 12-0 on Sept 16 to lift the target range, citing inflation still above target and Middle East (Iran war) tensions, with projections flagging a possible further hike this year. It is a global tightening cue that pressures EM currencies and narrows RBI's room to ease just as India's own CPI has climbed for a tenth straight month (4.82% in August) — a backdrop worth tracking for entry timing on rate- and import-cost-sensitive names even though it produced no visible reaction in today's flat-to-firm Nifty/Sensex close.

Sources: cnbc.com · federalreserve.gov

Market Overview

IndexClosePoints ChangeP/EP/B
Nifty 50 23,346.40 ▲ +75.80 ▲ +0.33% 19.74 2.82
Nifty Next 50 72,025.40 ▲ +881.40 ▲ +1.24% 19.04 3.21
Nifty 500 22,840.55 ▲ +185.90 ▲ +0.82% 22.13 3.17
Nifty Bank 56,358.70 ▲ +302.95 ▲ +0.54% 13.33 1.69
NIFTY Midcap 100 62,191.25 ▲ +759.15 ▲ +1.24% 29.97 4.26
▲ 1772 advancing ■ 31 unchanged ▼ 835 declining of 2638 equities, vs the 2026-09-17 close
Cash market, ₹ crore
FII / FPI net
▲ +599.54
bought 38,462 · sold 37,862
DII net
▲ +1,019.69
bought 17,310 · sold 16,290
FII / FPI DII
FII / DII daily net cash flow · ₹ crore · scroll to zoom, drag to pan

Source: NSE ind_close_all_20260918 (levels, index P/E and P/B) and the full-market bhavcopy (breadth).

Index P/E from NSE's official daily index file.

Sector performance

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.

SectorIndexSession Idx P/EStance
Hospitality & Tourism Nifty India Tourism · 9 researched 7,873.55 ▲ +2.53% 88.8 WATCH
Metals & Mining Nifty Metal · 13 researched 13,052.60 ▲ +1.51% 15.9 WATCH
Realty Nifty Realty · 5 researched 844.20 ▲ +1.19% 35.9 WATCH
Energy & Power Nifty Energy · 14 researched 37,773.55 ▲ +1.05% 14.7 WATCH
Financial Services Nifty Financial Services · 10 researched 25,510.00 ▲ +0.76% 15.7 WATCH
Banks Nifty Bank · 13 researched 56,358.70 ▲ +0.54% 13.3 AVOID
Healthcare & Hospitals Nifty Healthcare Index · 4 researched 16,613.90 ▲ +0.51% 43.5 WATCH
Pharmaceuticals Nifty Pharma · 19 researched 26,710.10 ▲ +0.49% 41.4 WATCH
Automobiles Nifty Auto · 34 researched 27,129.00 ▼ -0.11% 31.5 WATCH
FMCG Nifty FMCG · 8 researched 45,466.80 ▼ -0.23% 31.5 WATCH
Information Technology Nifty IT · 17 researched 28,854.55 ▼ -1.03% 18.4 WATCH
Construction & Materials no listed index · 8 researched — — — ACCUMULATE
Capital Goods no listed index · 13 researched — — — WATCH
Chemicals no listed index · 5 researched — — — WATCH
Commercial Services no listed index · 5 researched — — — WATCH
Diversified & Other no listed index · 1 researched — — — WATCH
Logistics & Transport no listed index · 5 researched — — — WATCH
Packaging & Plastics no listed index · 1 researched — — — WATCH
Retail & Consumer no listed index · 2 researched — — — WATCH
Telecom & Media no listed index · 5 researched — — — WATCH
Textiles & Apparel no listed index · 3 researched — — — WATCH

Movers in the universe

Largest moves among the 1430 tracked names this session, against the 2026-09-17 close.

CompanyCallPrev CloseMove
Timex Group India Ltd TIMEX QUALITY-WAIT ₹611.10 ₹714.20 ▲ +16.87%
Sambhv Steel Tubes Ltd SAMBHV HOLD ₹129.09 ₹147.57 ▲ +14.32%
Avalon Technologies Ltd AVALON HOLD ₹2,230.00 ₹2,537.70 ▲ +13.80%
Adani Total Gas Ltd ATGL HOLD ₹587.00 ₹660.70 ▲ +12.56%
NRB Bearings Ltd NRBBEARING HOLD ₹472.20 ₹525.50 ▲ +11.29%
Tata Chemicals Ltd TATACHEM HOLD ₹779.30 ₹693.25 ▼ -11.04%
Relaxo Footwears Ltd RELAXO HOLD ₹313.70 ₹291.25 ▼ -7.16%
Go Digit General Insurance Ltd GODIGIT AVOID ₹255.50 ₹239.00 ▼ -6.46%
Route Mobile Ltd ROUTE HOLD ₹492.60 ₹464.40 ▼ -5.72%
Uniparts India Ltd UNIPARTS HOLD ₹878.05 ₹831.50 ▼ -5.30%

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 (2)

BUY
new
unconfirmed: sector, news
Unconfirmed: sector, news not checked — Weighted average rating 4.38/5 including quality and value — the rare combination.
QUALITY-WAIT
new
Good business, bad price today (Value 2/5) — PEG n/a; P/E cheaper than 52% of sector peers (P/E 37.19); EV/EBITDA 25.7, B/M 0.158. Watch for a better entry.

Awaiting a second session (43)

TickerClosePublished PendingNote
ABBOTINDIA ₹27,270.00 BUY → QUALITY-WAIT if next session holds
APOLLOTYRE ₹409.30 BUY → HOLD if next session holds
ASHIANA ₹354.75 HOLD → QUALITY-WAIT if next session holds
AVL ₹636.95 AVOID → HOLD if next session holds
BANCOINDIA ₹604.00 BUY → HOLD if next session holds
BHARATFORG ₹1,962.10 HOLD → QUALITY-WAIT if next session holds
BHEL ₹439.90 HOLD → QUALITY-WAIT if next session holds
BUTTERFLY ₹585.80 HOLD → QUALITY-WAIT if next session holds
CANBK ₹123.78 BUY → HOLD if next session holds
CARERATING ₹1,668.60 HOLD → BUY if next session holds
DCBBANK ₹218.35 BUY → HOLD if next session holds
FIEMIND ₹1,937.30 BUY → HOLD if next session holds
GILLETTE ₹7,073.00 QUALITY-WAIT → BUY if next session holds
HEROMOTOCO ₹5,285.50 BUY → HOLD if next session holds
IGIL ₹330.95 BUY → QUALITY-WAIT if next session holds
JAMNAAUTO ₹125.03 BUY → HOLD if next session holds
JSL ₹750.95 BUY → HOLD if next session holds
JTLIND ₹87.67 AVOID → HOLD if next session holds
JUBLFOOD ₹500.00 HOLD → QUALITY-WAIT if next session holds
KRN ₹1,446.20 AVOID → HOLD if next session holds
LGBBROSLTD ₹1,730.40 BUY → HOLD if next session holds
LUMAXIND ₹5,851.00 BUY → HOLD if next session holds
MAHSEAMLES ₹717.55 BUY → HOLD if next session holds
MANINDS ₹851.55 HOLD → QUALITY-WAIT if next session holds
NATIONALUM ₹350.50 BUY → HOLD if next session holds
NAVINFLUOR ₹8,590.00 HOLD → QUALITY-WAIT if next session holds
PINELABS ₹192.04 AVOID → HOLD if next session holds
PRICOLLTD ₹767.50 BUY → HOLD if next session holds
SANDUMA ₹185.40 BUY → HOLD if next session holds
SANOFI ₹3,087.40 BUY → HOLD if next session holds
SARDAEN ₹505.95 BUY → HOLD if next session holds
SHARDAMOTR ₹967.05 BUY → HOLD if next session holds
SHRIPISTON ₹4,576.60 BUY → QUALITY-WAIT if next session holds
SKFINDIA ₹1,552.60 BUY → HOLD if next session holds
SSWL ₹372.40 BUY → HOLD if next session holds
STYLAMIND ₹3,295.50 BUY → QUALITY-WAIT if next session holds
TENNIND ₹517.90 BUY → HOLD if next session holds
TIIL ₹3,054.10 BUY → HOLD if next session holds
TMCV ₹442.90 BUY → HOLD if next session holds
TTKPRESTIG ₹530.85 QUALITY-WAIT → HOLD if next session holds
USHAMART ₹507.20 BUY → HOLD if next session holds
VAML ₹416.50 BUY → HOLD if next session holds
WHEELS ₹2,175.70 BUY → HOLD if next session holds

Top Stories

Jamna Auto: both promoters sold matching 2.49% stakes the same day, dilution larger than previously known Automobiles

Pradeep Singh Jauhar and Randeep Singh Jauhar (Chairman/ED) each sold 99.95 lakh shares via block deals on Sept 11, 2026 — a combined ~Rs256cr absorbed by institutional and sovereign-wealth buyers. No SEBI filing or company statement has disclosed a reason for either sale, strengthening the open governance-flag claim on the stock without resolving it.

JAMNAAUTO
Sources: whalesbook.com · investywise.com

EU proposal could restrict metal scrap exports to India from May 2027 Metals & Mining

A new European Commission waste-shipment proposal would curb metal scrap exports (including aluminium scrap) to countries not on an EU 'authorised' list. Stakeholders have until Oct 16, 2026 to comment, the EU expects its first authorised-country list by Nov 21, 2026, and any restriction would apply from May 21, 2027 — a real but distant, contingent negative for India's scrap-dependent steel and aluminium producers.

Sources: internationalnewsandviews.com

India's Q1 FY27 GDP grew 7.8%, beating consensus despite Iran-war and monsoon headwinds

GDP expanded 7.8% YoY in the June quarter versus an ~7.4% consensus, led by resilient domestic demand, government spending and exports, prompting some economists to nudge full-year growth forecasts toward 7% — a positive counterweight to the inflation and Fed-driven tightening backdrop above.

Sources: deccanherald.com · thestatesman.com

RailTel wins Rs63.15cr Prasar Bharati order, order book tops Rs11,700cr Telecom & Media

RailTel received a Letter of Intent from Prasar Bharati on Sept 16 for additional WAVES OTT platform work worth Rs63.15cr, executable through Feb 2029; shares rose 4-5% on the news, adding to an order book already above Rs11,700cr and arguing against the pending BUY->HOLD flip on no client loss or governance flag found.

RAILTEL
Sources: businesstoday.in · business-standard.com

Sector Scorecard

Entry score is 40% cheap-vs-history + 25% quality trend + 20% news catalyst + 15% technicals, for the 2 sectors with a researched catalyst. The other 19 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 60.6 60.6 78.5 31.0 — ▼ -1.03% 18.4 5/9/54/7
Banks 40 scanned · 13 researched AVOID 44.6 32.5 52.3 63.9 — ▲ +0.54% 13.3 2/0/29/9
Pharmaceuticals 85 scanned · 19 researched WATCH 46.0 21.2 72.0 68.6 — ▲ +0.49% 41.4 6/19/49/11
Automobiles 109 scanned · 34 researched WATCH 50.5 27.5 78.6 66.2 -0 ▼ -0.11% 31.5 15/20/63/11
FMCG 104 scanned · 8 researched WATCH 58.2 53.8 68.9 52.1 — ▼ -0.23% 31.5 3/21/62/18
Metals & Mining 83 scanned · 13 researched WATCH 51.8 38.6 67.9 63.4 -0 ▲ +1.51% 15.9 8/9/48/18
Realty 38 scanned · 5 researched WATCH 53.1 55.4 52.0 48.6 — ▲ +1.19% 35.9 1/1/16/20
Energy & Power 83 scanned · 14 researched WATCH 53.0 43.5 63.4 61.0 — ▲ +1.05% 14.7 5/6/40/32
Financial Services 149 scanned · 5 ranked elsewhere · 10 researched WATCH 50.6 51.2 43.3 61.0 — ▲ +0.76% 15.7 4/4/92/49
Healthcare & Hospitals 58 scanned · 16 ranked elsewhere · 4 researched WATCH 46.3 21.9 73.8 65.6 — ▲ +0.51% 43.5 5/15/33/5
Hospitality & Tourism 38 scanned · 9 researched WATCH 59.3 56.9 67.4 52.0 — ▲ +2.53% 88.8 4/4/20/10
Chemicals 99 scanned · 5 researched WATCH 58.4 53.0 68.7 55.6 — — — 2/10/64/23
Construction & Materials 125 scanned · 8 researched ACCUMULATE 62.3 72.6 60.8 37.6 — — — 5/9/69/42
Capital Goods 103 scanned · 13 researched WATCH 51.8 31.0 78.5 62.8 — — — 11/13/64/15
Textiles & Apparel 47 scanned · 3 researched WATCH 56.0 50.0 62.6 61.0 — — — 2/4/29/12
Retail & Consumer 67 scanned · 2 researched WATCH 57.0 50.0 68.4 56.8 — — — 2/8/38/19
Packaging & Plastics 34 scanned · 1 researched WATCH 53.3 38.9 64.7 72.9 — — — 1/3/22/8
Logistics & Transport 25 scanned · 5 researched WATCH 46.5 27.4 67.6 62.4 — — — 5/3/10/7
Telecom & Media 29 scanned · 5 researched WATCH 52.9 50.0 60.2 48.4 — — — 3/1/14/11
Commercial Services 31 scanned · 5 researched WATCH 58.3 60.9 52.8 60.4 — — — 3/1/14/13
Diversified & Other 32 scanned · 1 researched WATCH 49.4 38.0 59.7 62.7 — — — 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.

QUALITY-WAIT
new call this session
P/E in the 100th percentile of its own 3-year range · ROCE 17.0% (down 14.0pt over 5y) · Piotroski 8/9
Composite 39.3 Mkt Cap 50,981 cr · Large P/E 37.19 ROCE 17.0% Piotroski 8/9
QUALITY-WAIT
P/E in the 9th percentile of its own 3-year range · ROCE 19.7% (up 8.7pt over 5y) · Piotroski 7/9
Composite 87.1 Mkt Cap 142,829 cr · Large P/E 42.3 ROCE 19.7% Piotroski 7/9
HOLD
new call this session
P/E in the 46th percentile of its own 3-year range · ROCE 42.4% (up 51.4pt over 5y)
Composite 81.1 Mkt Cap 16,543 cr · Mid P/E 34.75 ROCE 42.4% Piotroski 6/9
HOLD
new call this session
P/E in the 38th percentile of its own 3-year range · ROCE 36.0% (up 41.0pt over 5y) · Piotroski 8/9
Composite 77.3 Mkt Cap 23,042 cr · Mid P/E 20.91 ROCE 36.0% Piotroski 8/9
HOLD
new call this session
P/E in the 6th percentile of its own 3-year range · ROCE 14.0% (up 15.0pt over 5y) · Piotroski 9/9
Composite 73.6 Mkt Cap 8,435 cr · Small P/E 32.94 ROCE 14.0% Piotroski 9/9
HOLD
new call this session
P/E in the 44th percentile of its own 3-year range · ROCE 26.1% (down 31.9pt over 5y)
Composite 60.5 Mkt Cap 10,889 cr · Small P/E 46.39 ROCE 26.1% Piotroski 4/8
HOLD
new call this session
Highly Volatile
P/E in the 22th percentile of its own 3-year range · ROCE 19.5% (up 6.5pt over 5y) · Piotroski 9/9
Composite 70.3 Mkt Cap 4,965 cr · Micro P/E 29.11 ROCE 19.5% Piotroski 9/9
HOLD
new call this session
Highly Volatile
P/E in the 23th percentile of its own 3-year range · ROCE 6.14% (down 1.9pt over 5y)
Composite 38.2 Mkt Cap 1,426 cr · Micro P/E 14.11 ROCE 6.14% Piotroski 2/8

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.