

Stock recommendations for 13 January from MarketSmith India
Subscribe to enjoy similar stories. Stock market news: Indian equity benchmarks finished in the red on Tuesday, as early optimism surrounding the resumption of India-US trade talks gave way to aggressive profit-taking. Nifty 50 ended the session at 25,732.30, down 58 points or 0.22%, while Sensex shed 250 points to close at 83,627.69.
Markets surrendered significant intraday gains, with Sensex tumbling more than 900 points from its peak as heavyweights like Reliance Industries and Larsen & Toubro faced selling pressure. On the sectoral front, consumer durables and realty were the primary laggards, whereas Nifty Bank showed relative resilience, closing marginally higher. The overall market breadth remained weak, with an advance-decline ratio of approximately 15:35 among Nifty 50 stocks, reflecting broader caution.
Geopolitical tensions in the Middle East and persistent FII outflows continue to weigh on sentiment. Two stock recommendations by MarketSmith India: Buy: Equitas Small Finance Bank Ltd (current price: ₹68) Buy: Alkem Laboratories Ltd (current price: ₹5,860) Nifty 50 recap On Tuesday, Indian equities ended marginally lower amid a choppy, range-bound session, as selective sectoral strength was offset by profit-taking in defensive and consumption-linked stocks. Nifty 50 closed at 25,732.3, down 0.22%, after oscillating between 25,603 and 25,900, while Sensex also settled modestly in the red.
Market breadth was evenly poised, with 1,586 stocks advancing against 1,542 declines, reflecting a balanced undertone despite the index-level softness. On the sectoral front, Nifty IT (+0.65%), PSU Banks (+0.78%), Metals, and Financial Services outperformed, aided by stock-specific buying and relative valuation comfort. On the
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