Stock recommendations for 29 June from MarketSmith India

MarketSmith India recommended buying Samvardhana Motherson International (current price around ₹151, target ₹175) citing a trendline breakout, strong global OEM relationships and growth in EV segments, with stop loss at ₹141. The brokerage also recommended L&T Finance (current price around ₹299, target ₹338) citing a trendline breakout, improving asset quality and retail lending focus, with stop loss at ₹280. Separately, Indian benchmarks ended marginally higher on 25 June with Nifty 50 at 24,056 and Sensex at 77,100, while Nifty Auto surged 2.25 percent led by easing crude prices.