Stock recommendations for 9 February from MarketSmith India
Subscribe to enjoy similar stories. Stock market recap: Domestic stock market benchmarks, the Sensex and the Nifty 50, ended with decent gains on Friday, 6 February, on buying in select heavyweights, including ITC, Kotak Mahindra Bank, and ICICI Bank. The Sensex ended 266 points, or 0.32%, higher at 83,580.40, while the Nifty 50 closed at 25,693.70, up 51 points, or 0.20%.
However, the mid and small-cap segments underperformed. The BSE 150 MidCap Index dropped 0.11%, while the BSE 250 SmallCap Index fell by 0.42%. Two stock recommendations by MarketSmith India for 9 February: Buy: Navin Fluorine International Ltd(current price: ₹6,417) Buy: Ceigall India Ltd (current price: ₹291) Nifty 50 recap | 6 February Indian equities ended Friday’s session on a mildly positive note, with benchmark indices consolidating near recent highs amid mixed sectoral cues.
Nifty 50 closed at 25,693.7, up 0.20%, after oscillating within a narrow intraday range of 25,491–25,704, indicating a lack of strong directional conviction. Sensex also edged higher in tandem. However, Market breadth remained weak, with 1,340 stocks advancing against 1,784 declines, underscoring continued pressure in the broader market despite headline index resilience.
Sector-wise, defensives and consumption-oriented pockets provided support, with FMCG (+2.3%) and Consumer Durables (+1.0%) outperforming steady demand expectations. Private Banks (+0.6%) and Oil & Gas (+0.5%) also contributed positively. In contrast, IT (-1.5%) underperformed amid lingering concerns over global tech spending, while Pharma (-0.7%), Auto (-0.5%), and PSU Banks (-0.5%) remained under pressure.
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