MediumNeutral
Announced Wed, 8 Jul · 06:00 IST
Stock recommendations for 8 July from MarketSmith India
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian equity benchmarks ended lower on Tuesday, with the Sensex falling 104.35 points (0.13%) to 78,180.72 and the Nifty 50 declining 31.65 points (0.13%) to 24,398.70, as late-session profit booking erased early gains amid escalating geopolitical tensions after Iranian missile strikes on vessels in the Strait of Hormuz pushed Brent crude above $73 a barrel. Market breadth was negative with 2,084 decliners against 1,191 advancers, while the Nifty IT bucked the trend with a 2.43% gain led by Infosys and Tech Mahindra. MarketSmith India recommended buying Equitas Small Finance Bank at ₹78-79 with a two-to-three-month target of ₹88, and Titan Company at ₹4,554-4,623 with a target of ₹5,800.