Stock recommendations for 5 June from MarketSmith India
New Delhi, June 5 -- The Indian equity markets concluded today's session with a marginal positive bias as Nifty 50 gained 10.95 points (0.047%) to finish at 23,416.55. Despite intraday volatility, which saw the index swing between a low of 23,247 and a high of 23,465, the broader market sentiment remained cautiously optimistic.
Market breadth favoured the bulls, with the advance-decline ratio standing at 1,817 advances to 1,474 declines, indicating healthy participation across mid and small-cap segments. Sectoral performance was mixed; Nifty Media and Consumer Durables led the gains, each surging more than 2.1%. Conversely, Nifty Metal and IT faced selling pressure, declining 0.73% and 0.29%, respectively. This sideways movement suggests...
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