Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Piramal Pharma on 20 July

Indian markets opened lower on 20 July 2026 with Sensex down 0.72 percent at 77,587 and Nifty 50 down 0.60 percent at 24,185, led by a nearly 5 percent drop in HDFC Bank after its Q1FY27 results showed sharper-than-expected NIM decline despite a 5 percent YoY profit rise. Reliance Industries and ICICI Bank gained around 1 percent on earnings, while Brent crude rose above $90 amid US strikes on Iran, fuelling inflation concerns. ICICI Securities' Dharmesh Shah has recommended buying Piramal Pharma on 20 July, with the brokerage expecting a breakout above 24,600 on Nifty 50 to trigger the next leg of the medium-term rally led by Bank Nifty towards 60,000.