- Astro junction: Rahu remains in Dhanishta nakshatra until December 5, 2026, while Saturn remains retrograde until December 11, 2026. As per this astrological view, volatility could remain high, with unexpected rises and sudden falls possible. Traders and investors should therefore remain cautious, avoid overtrading and leverage, and exercise particular caution with F&O, options and margin trading/MTF. Capital protection should remain a priority during uncertain market conditions. Focus on a few selected companies that are likely to report better Q2 results.
- As per a market veteran: “Uncertainty creates wealth, certainty creates a fool’s paradise.” Markets rarely provide certainty, and periods of uncertainty can lead to significant changes in valuations and expectations. When certainty is high, expectations can become stretched, while uncertainty can create sharp price dislocations. Patience, probability, discipline and risk management therefore remain important in navigating uncertain markets.
- Short-term watch list: Black Rose, Bright Brothers, HSCL, IOLCP, Morepenlab, Pennar Industries, Prince Pipes & Fittings, RBL Bank, Shri Bajrang Alliance, Shetron and Talbros Engineering can be kept on the radar for further monitoring. The focus should remain on a select group of companies with the potential to deliver better Q2 results.
- Multiple macros to watch for further market direction: a) Crude oil above $100 – a significant negative for the Indian economy. b) Middle East/Iran conflict – unlikely to be resolved until the US mid-term elections, as per market view. c) US 10-year yield around 5.1% – a major headwind for equities. d) Further Fed tightening – another risk in the coming meetings. e) Russia-linked sanctions/tariff risks – India could face significant impact. f) Weak INR around Rs.96/$. g)Strong US dollar. h) FII selling and weak appetite – foreign investors withdrew Rs.27,437 crore from Indian markets in September, taking total sell-offs to Rs.2.50 lakh crore. i)Rising inflation – could reduce purchasing power and savings capacity. j) RBI liquidity tightening and higher bond yields – could encourage equity and mutual fund investors to shift towards bonds and bank FDs. k) India-US trade uncertainty. l) China and global growth uncertainty. m) High valuations in Indian mid- and small-caps remain a concern. n) SIP fatigue – prolonged market weakness could test investor patience and impact SIP flows. o) Near-term economic headwinds from unsettled India-US relations, global energy prices and the limited AI-related growth opportunity in India. p) Nifty is down 12.24% from its all-time high. A 20% correction from the peak would take the index towards 21,040. q) Political uncertainty – opposition parties are becoming more united, which could increase political uncertainty and put the government under pressure. r) Key short-term triggers: Bond yields, crude prices, the RBI Governor’s commentary on October 7, 2026, and Q2 results are likely to influence the market trend.
- Stocks to watch: On Friday, September 25, 2026, bullish breakouts with volumes were seen in Blackrose, IOLCP, Lordschlo, Morepenlab, Penind, Princepipe and SHBAJRG. These seven stocks can be kept on the radar/watch list on Monday.
