Stock recommendations for 26 August from MarketSmith India
Stock market recap, Aug. 26 -- Frontline indices, the Sensex and the Nifty 50, ended with decent gains on the monthly expiry day on Tuesday, 25 August, as a decline in oil prices influenced sentiment. Brent crude fell over 3% to around $89 per barrel, its lowest level in a week.
The 30-share pack closed 287 points, or 0.37%, higher at 77,656, while the NSE counterpart settled at 24,335, rising 116 points, or 0.48%. Midcaps also witnessed healthy buying, as the Nifty Midcap 150 rose by 0.45%. However, the Smallcap 250 index slipped 0.15%.
Two stock recommendations by MarketSmith India:
Buy: Karur Vysya Bank Ltd (current price: Rs.346)
Buy: Gokul Agro Resources Ltd (current price: Rs.253)
Nifty 50 performance on 25 August
Indian equit...
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