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Verified closing edition21 Oct 2026Published 4:30 pm IST

Nifty 50 fell 0.34% as selling spread across the Nifty 500

Nifty 500 breadth recorded 84 advances, 414 declines, and 1 unchanged; the advance-decline ratio was 0.20. IT led at +2.88%; India Defence lagged at -2.49%. Bank Nifty lagged Nifty 50 by 0.58 percentage points. The close edition records 0 newly measured ledger outcomes and preserves all morning entries for fixed-horizon review.

Market data 21 Oct, 3:30 pm IST · Model daily-brief-v2

Market pulse

Latest stored index context
Nifty 50
22,811.35
-0.34%
Nifty Bank
54,976.9
-0.92%
GIFT Nifty
22,729
-0.71%
Dow Futures
52,444.6
-0.10%
Nifty Next 50
67,655.3
-1.51%
Nifty 100
23,762.45
-0.56%

Nifty 500 breadth

100.0% universe coverage · 21 Oct, 3:51 pm IST
Advances
84
Declines
414
Unchanged
1
Advance / decline
0.20

Sector leadership

Relative movement, not a recommendation

Top Movers

Price movement first; catalyst verification remains separate

Published research

14 immutable ledger entries

Technical setups

PNBMorning Star · score 100
Reference ₹121.9 · Target ₹141.84 · Invalidation ₹111.93

Three-candle reversal: bearish candle, small indecision candle, bullish close above first midpoint · volume 5.6x 20D avg · traded value Rs 952 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 19 Oct, 5:30 am IST
ABBMorning Star · score 100
Reference ₹6,974 · Target ₹7,873.15 · Invalidation ₹6,524.42

Three-candle reversal: bearish candle, small indecision candle, bullish close above first midpoint · volume 2.6x 20D avg · traded value Rs 389 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 19 Oct, 5:30 am IST
BANKINDIAMorning Star · score 100
Reference ₹136.78 · Target ₹154.79 · Invalidation ₹127.78

Three-candle reversal: bearish candle, small indecision candle, bullish close above first midpoint · volume 2.3x 20D avg · traded value Rs 200 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 19 Oct, 5:30 am IST
GALLANTTDouble Bottom Base · score 100
Reference ₹626.2 · Target ₹835.44 · Invalidation ₹521.58

Two pivot lows 1.5% apart, 38 sessions apart; neckline 644.0; geometry confidence 79/100 · volume 5.6x 20D avg · traded value Rs 1085 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 19 Oct, 5:30 am IST
GABRIELCup With Handle · score 100
Reference ₹1,486.1 · Target ₹1,814.54 · Invalidation ₹1,321.88

13.5% rounded cup, rims 5.8% apart and 29% handle retracement; price is 1.3% from rim; geometry confidence 80/100 · volume 4.0x 20D avg · traded value Rs 391 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 19 Oct, 5:30 am IST
NUVOCORounded Bottom · score 100
Reference ₹341.45 · Target ₹405.46 · Invalidation ₹309.45

13.1% rounded base with broad bottom; price is 3.7% from rim; geometry confidence 80/100 · volume 3.1x 20D avg · traded value Rs 32 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 19 Oct, 5:30 am IST
UBLBullish Engulfing · score 100
Reference ₹1,204.8 · Target ₹1,338.3 · Invalidation ₹1,138.05

Current bullish body overwhelms prior bearish candle after a short decline · volume 2.8x 20D avg · traded value Rs 67 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 19 Oct, 5:30 am IST
HFCLDouble Bottom Base · score 100
Reference ₹268.81 · Target ₹344.79 · Invalidation ₹230.82

Two pivot lows 0.4% apart, 57 sessions apart; neckline 256.7; geometry confidence 80/100 · volume 2.2x 20D avg · traded value Rs 406 Cr · ATR14 + 10/20-session structure; target at least 2R

Source data 19 Oct, 5:30 am IST

Long-term candidates

BPCLQuality Compounder · score 88
Reference ₹294.3 · Primary measurement 252 sessions

The stock qualifies in both quality-value and compounder Playbook filters. Snapshot evidence: U-Score 88/100, Piotroski 7/9, model margin of safety 56.4%, FCF yield 19.6%, Trust Score 81/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 21 Oct, 4:45 am IST
BLSQuality Value · score 81
Reference ₹221.03 · Primary measurement 252 sessions

The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 81/100, Piotroski 8/9, model margin of safety 51.5%, FCF yield 4.9%, Trust Score 85/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 21 Oct, 4:45 am IST
FORCEMOTCompounder · score 80
Reference ₹17,563 · Primary measurement 252 sessions

The stock qualifies in the compounder Playbook filter. Snapshot evidence: U-Score 80/100, Piotroski 8/9, model margin of safety 52.0%, FCF yield 1.7%, Trust Score 86/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 21 Oct, 4:45 am IST
ZENSARTECHQuality Value · score 72
Reference ₹513.15 · Primary measurement 252 sessions

The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 72/100, Piotroski 8/9, model margin of safety 53.2%, FCF yield 4.8%, Trust Score 83/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 21 Oct, 4:45 am IST
HEROMOTOCOQuality Compounder · score 71
Reference ₹5,230 · Primary measurement 252 sessions

The stock qualifies in both quality-value and compounder Playbook filters. Snapshot evidence: U-Score 71/100, Piotroski 8/9, model margin of safety 50.2%, FCF yield 3.8%, Trust Score 87/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 21 Oct, 4:45 am IST
IEXQuality Value · score 71
Reference ₹104.8 · Primary measurement 252 sessions

The stock qualifies in the quality-value Playbook filter. Snapshot evidence: U-Score 71/100, Piotroski 8/9, model margin of safety 27.8%, FCF yield 2.1%, Trust Score 85/100.

Review rule: Reassess if U-Score falls below 55, Trust Score or result consistency falls below 50, or the original business and valuation evidence changes materially.

Source data 21 Oct, 4:45 am IST
Review entries and fixed-horizon outcomes

Results radar

Reported and upcoming company events

Order wins

Recent exchange-sourced disclosures
BLKASHYAP
BSE · 16 Oct, 2:57 pm IST

The Company has secured an order worth Rs. 202.02 Crores.

Source disclosure
BLKASHYAP
NSE · 16 Oct, 3:08 pm IST

B. L. Kashyap and Sons Limited has informed the Exchange about Bagging/Receiving of orders/contracts worth Rs. 200.02 Crores

Source disclosure
MCLOUD
BSE · 16 Oct, 9:17 am IST

Magellanic Cloud Limited''s Wholly owned Subsidiary Provigil Surveillance Limited Receives Purchase Order for Rs.29.13 Crore from Northern Railway Moradabad Division

Source disclosure
MCLOUD
NSE · 16 Oct, 9:15 am IST

Magellanic Cloud Limited has informed the Exchange regarding a press release dated October 16, 2026, titled "Magellanic Cloud Limited's Wholly Owned Subsidiary Provigil Surveillance Limited, Receives Purchase Order for an order worth Rs 29.13 Crore from Northern Railway Moradabad Division".

Source disclosure
MCLOUD
NSE · 16 Oct, 9:10 am IST

Magellanic Cloud Limited s Wholly Owned Subsidiary, Provigil Surveillance Limited Receives Letter of Acceptance (LOA) from Northern Railway, Moradabad Division for Contract Worth ₹29.13 Crore

Source disclosure
DEEDEV
BSE · 15 Oct, 12:02 pm IST

DEE Development Engineers Limited has received an order/ contract pf approximately of Rs. 46 crore.

Source disclosure
Risk note: Closing prices and first-day moves do not establish repeatability. Review fixed 1, 5, and 20-session outcomes in the public ledger. IndiaPulse does not execute trades, manage portfolios, or provide personalized investment advice.