Stock recommendations for 23 June from MarketSmith India

Domestic markets ended Monday with modest gains as US-Iran peace talk progress and Brent crude slipping below USD 80/barrel lifted sentiment. Nifty 50 added 89.80 points (0.37 percent) to close at 24,102.90, with Nifty Pharma and Nifty Media leading the rally while FMCG and Consumer Durables lagged. MarketSmith India issued two buy recommendations: Sansera Engineering (buy range Rs 2,967-3,012, target Rs 3,500, stop loss Rs 2,830) on a tight range breakout, and Anand Rathi Wealth (buy range Rs 1,898-1,927, target Rs 2,170, stop loss Rs 1,790) on a flat base pattern breakout.