Stock recommendations for 7 July from MarketSmith India
New Delhi, July 7 -- Frontline indices extended their winning streak into a fourth consecutive session, ending firmly in positive territory. Nifty 50 advanced 0.66% to close at 24,430.35, gaining 159.50 points, while BSE Sensex closed at 78,285.07, up 521.16 points or 0.67%.
In the broader markets, small-cap and mid-cap indices shadowed this optimism, posting decent gains. Sectoral performance was highlighted by strong momentum in Nifty Realty (+1.81%), Consumer Durables (+1.48%), and Nifty Auto (+1.36%).
Key financial heavyweights, particularly HDFC Bank, spearheaded the index's upward movement following healthy provisional Q1 business updates. On the other hand, Nifty Media (-0.95%) and Nifty PSU Bank (-0.88%) faced mild selling press...
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