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Indian markets ended on a firm note, extending their winning streak for the fifth straight session, despite a weak start amid subdued global cues. The Nifty 50 and Sensex displayed notable resilience, recovering from early losses to close at 25,050.55 and 81,857.84, respectively, supported by sustained buying in select sectors.

Investor sentiment remained cautious ahead of the U.S. Federal Reserve’s Jackson Hole symposium later this week. On the sector front, IT stocks led the gains, rising 1%, driven by hopes of a potential 25bps rate cut by the Fed, which could boost U.S. tech spending and benefit Indian exporters. On the other hand, financials lagged, declining around 0.5%. Broader markets remained firm, with the mid- and small-cap indices inching up 0.2% each, reflecting continued interest in the broader equity space. Let's get on to the best stock recommendations for today by India's expert analysts.

FACT (Cmp 1014.45)

FACT: Buy above 1015 and dips to ₹980, stop ₹965 target ₹1125-1150

CHALET: Buy CMP and dips to ₹965, stop ₹950 target ₹1070-1098

EMAMILTD: Buy CMP and dips to ₹606, stop ₹590 target ₹680-700

MarketSmith India is a stock research platform and advisory service focused on the Indian stock market. Trade name: William O'Neil India Pvt. Ltd. (Sebi Registered Research Analyst Registration No.: INH000015543)

Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441.

Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223.

Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

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