PIX Transmissions stands out through its combination of manufacturing strength and respectable profitability ratios. At a P/E of 19.5, the valuation is more measured than several expensive momentum names
Nifty shows early recovery, not an established broader uptrend. Respect 22,700 support, monitor the twenty-day average and use defined-risk spreads only after confirmation.
Reliance presents a bearish technical structure alongside signs of recovery in the supplied option chain. The spot snapshot shows a previous close of Rs. 1,158.90, a low of Rs. 1,152.20 and VWAP of Rs. 1,159.60.
Crude oil retains upward price momentum, but extension and mixed indicators demand discipline. Respect Rs. 8,900–8,800 support,
Nifty 🔴 Lost 157.10 points on October 12; RSI 34.04; recovery hurdles at 22,499–22,559
Bank Nifty 🔴 RSI 42.33; watch the 54,740 moving-average reference and 54,975–55,438 recovery hurdles
Gift Nifty stood at 22,409.50, down 0.74%, at 7:24 AM on October 13, 2026. The contract opened at 22,423.50, touched a high of 22,435, and recorded a low of 22,394.50.
