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 | 23,914.45 | ▼ -141.35 | ▼ -0.59% | 20.22 | 2.89 |
| Nifty Next 50 | 72,947.45 | ▲ +72.70 | ▲ +0.10% | 19.28 | 3.25 |
| Nifty 500 | 23,222.80 | ▼ -117.10 | ▼ -0.50% | 22.50 | 3.23 |
| Nifty Bank | 57,172.00 | ▼ -237.60 | ▼ -0.41% | 13.53 | 1.71 |
| NIFTY Midcap 100 | 63,001.60 | ▼ -332.90 | ▼ -0.53% | 30.36 | 4.33 |
Source: NSE ind_close_all_20260902
(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 |
|---|---|---|---|---|
| Energy & Power Nifty Energy · 4 researched | 38,028.40 | ▲ +0.59% | 14.8 | WATCH |
| Realty Nifty Realty · 2 researched | 893.15 | ▲ +0.21% | 37.9 | WATCH |
| Pharmaceuticals Nifty Pharma · 10 researched | 26,780.70 | ▼ -0.04% | 41.5 | AVOID |
| Healthcare & Hospitals Nifty Healthcare Index · 1 researched | 16,629.10 | ▼ -0.24% | 43.6 | WATCH |
| Metals & Mining Nifty Metal · 3 researched | 13,157.35 | ▼ -0.25% | 16.0 | WATCH |
| Hospitality & Tourism Nifty India Tourism · 4 researched | 7,792.10 | ▼ -0.29% | 87.9 | WATCH |
| Banks Nifty Bank · 12 researched | 57,172.00 | ▼ -0.41% | 13.5 | AVOID |
| FMCG Nifty FMCG · 4 researched | 46,240.55 | ▼ -0.47% | 32.1 | WATCH |
| Financial Services Nifty Financial Services · 2 researched | 25,813.05 | ▼ -0.73% | 15.8 | WATCH |
| Information Technology Nifty IT · 14 researched | 31,102.90 | ▼ -1.25% | 19.8 | WATCH |
| Automobiles Nifty Auto · 10 researched | 27,981.95 | ▼ -1.79% | 32.5 | WATCH |
| Capital Goods no listed index · 3 researched | — | — | — | WATCH |
| Chemicals no listed index · 1 researched | — | — | — | WATCH |
| Commercial Services no listed index | — | — | — | WATCH |
| Construction & Materials no listed index | — | — | — | WATCH |
| Diversified & Other no listed index · 1 researched | — | — | — | WATCH |
| Logistics & Transport no listed index · 1 researched | — | — | — | WATCH |
| Packaging & Plastics no listed index | — | — | — | WATCH |
| Retail & Consumer no listed index | — | — | — | WATCH |
| Telecom & Media no listed index | — | — | — | WATCH |
| Textiles & Apparel no listed index · 2 researched | — | — | — | WATCH |
Largest moves among the 1436 tracked names this session, against the 2026-09-01 close.
| Company | Call | Prev | Close | Move |
|---|---|---|---|---|
| Antelopus Selan Energy Ltd ANTELOPUS | BUY | ₹792.65 | ₹951.15 | ▲ +20.00% |
| Tribhovandas Bhimji Zaveri Ltd TBZ | BUY | ₹366.80 | ₹418.25 | ▲ +14.03% |
| XPRO India Ltd XPROINDIA | HOLD | ₹1,135.80 | ₹1,285.60 | ▲ +13.19% |
| IFCI Ltd IFCI | HOLD | ₹87.26 | ₹98.32 | ▲ +12.67% |
| Indoco Remedies Ltd INDOCO | AVOID | ₹243.84 | ₹273.77 | ▲ +12.27% |
| R R Kabel Ltd RRKABEL | QUALITY-WAIT | ₹2,869.80 | ₹2,630.40 | ▼ -8.34% |
| Balu Forge Industries Ltd BALUFORGE | HOLD | ₹621.90 | ₹578.40 | ▼ -6.99% |
| Ram Ratna Wires Ltd RAMRAT | HOLD | ₹570.20 | ₹535.10 | ▼ -6.16% |
| Wonder Electricals Ltd WEL | HOLD | ₹80.84 | ₹75.98 | ▼ -6.01% |
| Varroc Engineering Ltd VARROC | QUALITY-WAIT | ₹877.00 | ₹824.40 | ▼ -6.00% |
A change to anything but AVOID publishes only after two consecutive sessions say the same thing; AVOID publishes at once.
and 8 more.
| Ticker | Close | Published | Pending | Note | |
|---|---|---|---|---|---|
| APTUS | ₹254.28 | BUY | → | HOLD | if next session holds |
| BANDHANBNK | ₹161.52 | AVOID | → | HOLD | if next session holds |
| BOSCHLTD | ₹47,250.00 | QUALITY-WAIT | → | HOLD | if next session holds |
| GREAVESCOT | ₹194.20 | HOLD | → | BUY | if next session holds |
| GROWW | ₹189.88 | AVOID | → | HOLD | if next session holds |
| HYUNDAI | ₹2,154.40 | BUY | → | QUALITY-WAIT | if next session holds |
| KIRLOSENG | ₹2,160.90 | QUALITY-WAIT | → | HOLD | if next session holds |
| KIRLPNU | ₹745.45 | BUY | → | QUALITY-WAIT | if next session holds |
| KRSNAA | ₹553.10 | HOLD | → | BUY | if next session holds |
| LAXMIDENTL | ₹194.58 | HOLD | → | BUY | if next session holds |
| LTTS | ₹3,505.00 | BUY | → | HOLD | if next session holds |
| MGL | ₹1,065.20 | BUY | → | HOLD | if next session holds |
| MSPL | ₹36.14 | BUY | → | HOLD | if next session holds |
| NIITMTS | ₹223.47 | HOLD | → | BUY | if next session holds |
| PNBGILTS | ₹78.19 | AVOID | → | HOLD | if next session holds |
| RHIM | ₹370.50 | AVOID | → | HOLD | if next session holds |
| STYLAMIND | ₹3,264.80 | QUALITY-WAIT | → | BUY | if next session holds |
| ZFCVINDIA | ₹2,572.20 | HOLD | → | QUALITY-WAIT | 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 · 14 researched | WATCH | 61.8 | 60.8 | 78.7 | 36.2 | — | ▼ -1.25% | 19.8 | 15/10/42/8 |
| Banks 40 scanned · 12 researched | AVOID | 41.6 | 26.0 | 52.3 | 65.4 | — | ▼ -0.41% | 13.5 | 0/0/29/11 |
| Pharmaceuticals 85 scanned · 10 researched | AVOID | 44.0 | 18.5 | 72.0 | 65.4 | — | ▼ -0.04% | 41.5 | 0/19/56/10 |
| Automobiles 109 scanned · 10 researched | WATCH | 50.4 | 26.1 | 78.3 | 68.6 | — | ▼ -1.79% | 32.5 | 36/20/41/12 |
| FMCG 106 scanned · 4 researched | WATCH | 56.4 | 50.2 | 68.3 | 53.1 | — | ▼ -0.47% | 32.1 | 14/21/54/17 |
| Metals & Mining 82 scanned · 3 researched | WATCH | 48.8 | 29.6 | 68.2 | 67.8 | — | ▼ -0.25% | 16.0 | 16/10/36/20 |
| Realty 38 scanned · 2 researched | WATCH | 53.9 | 54.4 | 52.1 | 55.6 | — | ▲ +0.21% | 37.9 | 3/2/14/19 |
| Energy & Power 82 scanned · 4 researched | WATCH | 54.2 | 45.7 | 63.6 | 61.1 | — | ▲ +0.59% | 14.8 | 15/4/32/31 |
| Financial Services 149 scanned · 5 ranked elsewhere · 2 researched | WATCH | 51.4 | 51.5 | 44.5 | 62.4 | — | ▼ -0.73% | 15.8 | 12/4/81/52 |
| Healthcare & Hospitals 56 scanned · 16 ranked elsewhere · 1 researched | WATCH | 47.6 | 23.7 | 73.8 | 67.6 | — | ▼ -0.24% | 43.6 | 10/15/25/6 |
| Hospitality & Tourism 37 scanned · 4 researched | WATCH | 60.1 | 59.4 | 69.5 | 46.4 | — | ▼ -0.29% | 87.9 | 12/7/8/10 |
| Chemicals 100 scanned · 1 researched | WATCH | 57.6 | 50.0 | 68.5 | 59.9 | — | — | — | 15/14/47/24 |
| Construction & Materials 125 scanned | WATCH | 60.8 | 68.9 | 62.8 | 35.8 | — | — | — | 17/12/60/36 |
| Capital Goods 103 scanned · 3 researched | WATCH | 49.7 | 27.2 | 78.1 | 62.2 | — | — | — | 18/18/51/16 |
| Textiles & Apparel 48 scanned · 2 researched | WATCH | 55.6 | 49.4 | 62.0 | 61.8 | — | — | — | 11/7/16/14 |
| Retail & Consumer 67 scanned | WATCH | 57.8 | 50.0 | 68.4 | 61.0 | — | — | — | 7/10/32/18 |
| Packaging & Plastics 34 scanned | WATCH | 51.9 | 36.6 | 65.3 | 70.4 | — | — | — | 8/3/15/8 |
| Logistics & Transport 25 scanned · 1 researched | WATCH | 47.3 | 26.6 | 70.0 | 64.6 | — | — | — | 9/3/6/7 |
| Telecom & Media 29 scanned | WATCH | 51.6 | 50.0 | 60.3 | 41.2 | — | — | — | 8/1/9/11 |
| Commercial Services 29 scanned | WATCH | 59.1 | 62.0 | 52.8 | 61.8 | — | — | — | 4/3/10/12 |
| Diversified & Other 40 scanned · 1 researched | WATCH | 50.0 | 40.0 | 59.5 | 60.9 | — | — | — | 2/5/18/15 |
Source: data/verdicts.json × NSE sector index closes.
Split 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. Each 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.