
Stock recommendations for 24 December from MarketSmith India
Subscribe to enjoy similar stories. Stock market recap: Frontline indices, Sensex and the Nifty 50, ended flat on Tuesday, 23 December, on profit booking at higher levels, even as mid and small-cap segments ended with modest gains amid mixed global cues. The Sensex ended with a minor loss of 43 points, or 0.05%, at 85,524.84, while the Nifty 50 closed 5 points, or 0.02%, up at 26,177.15.
The BSE Midcap index inched up by 0.07%, and the Smallcap index rose by 0.38%. Select heavyweights, such as Infosys, Bharti Airtel, and ICICI Bank, were among the top drags on the benchmarks, while HDFC Bank and ITC were among the key supports. Buy: Bajaj Auto Ltd (current price: ₹420) Buy: S.J.S. Enterprises Ltd (current price: ₹1,780) Indian equities ended Tuesday’s session marginally higher in a range-bound and stock-specific trade, with benchmark indices consolidating near recent highs.
Nifty 50 closed at 26,177.15, up 4.75 points (+0.02%), after oscillating within a narrow intraday band of 26,119–26,234, reflecting cautious positioning ahead of year-end cues. Sensex ended largely flat, mirroring the lack of strong directional triggers. On the sectoral front, gains were led by Financials and FMCG, with Nifty Financial Services ex-Bank and FMCG indices rising between 0.8% and 0.5%, respectively, supported by select private lenders and defensive buying.
Metals and Media also saw modest upticks. In contrast, IT stocks underperformed, with Nifty IT declining 0.8%, weighed down by concerns over near-term global tech spending, while PSU Banks and Healthcare also closed marginally lower. Market breadth was moderately positive, with 1,835 stocks advancing, 1,321 declining, and 108 remaining unchanged, indicating selective accumulation
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