Stock recommendations for 21 July from MarketSmith India

Indian benchmarks closed lower on 20 July with the Sensex falling 443 points (0.57%) to 77,708.52 and the Nifty 50 declining 96 points (0.39%) to 24,238.50, tracking weak global cues amid escalating US-Iran tensions, though mid-cap and small-cap segments stayed resilient. MarketSmith India recommended buying KPI Green Energy around Rs 412 with a target of Rs 455 and Shyam Metalics and Energy around Rs 1,055 with a target of Rs 1,190 over two to three months. The Nifty 50 held above its 10-, 21-, 50-, and 100-DMAs, suggesting the intermediate-term trend remains constructive despite the bearish close.