Stock recommendations for 3 July from MarketSmith India

Indian benchmarks extended gains on 2 July, with Sensex rising 579 points to settle at 77,502 and Nifty 50 advancing 170 points to 24,176, supported by softer Brent crude and dovish signals from US Federal Reserve Chair Kevin Warsh. Nifty IT surged 4.64 percent led by Infosys and TCS, while Nifty PSU Bank slipped 0.43 percent. MarketSmith India recommended buying Emcure Pharmaceuticals with a two-to-three-month target of around ₹2,110 and Apollo Micro Systems with a target near ₹510.