Stock recommendations for 2 July from MarketSmith India
Stock market update, July 2 -- Domestic equity benchmarks snapped a two-day losing streak on Wednesday, registering healthy gains amid supportive global cues and a slight cooling in Brent crude prices.
Reclaiming psychological thresholds, Sensex rallied 444 points, or 0.58%, to settle at 76,922.64, while Nifty 50 climbed 140.10 points, or 0.59%, to close above the pivotal mark at 24,005.85. Market breadth remained positively, with 1,852 stocks advancing against 1,473 stocks declining, reflecting steady accumulation across mid- and small-cap segments.
Sectoral momentum was driven primarily by a notable surge in the reality space and selective buying in defensive segments such as Pharma, while the Auto sector gained strength from robust J...
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