Here's a concise news article based on the latest information available regarding stock recommendations from MarketSmith India on October 7, 2025.
MarketSmith India's Stock Picks for October 7, 2025
MarketSmith India has released its latest stock recommendations for October 7, 2025, providing insights into potential investment opportunities for traders and investors. These recommendations are designed to assist investors in making informed decisions in the current market environment.
Today's Recommendations
Motilal Oswal has highlighted several stock picks from MarketSmith India.
- Colgate-Palmolive (India) Ltd: MarketSmith India suggests buying Colgate-Palmolive shares at the current price of ₹2,508, with a target price of ₹2,890 within three months and a stop loss at ₹2,310.
- United Spirits: Another pick is United Spirits, with a buy price of ₹1,451, a target price of ₹1,650 within three months, and a stop loss at ₹1,370.
- Hikal Ltd: Hikal Ltd is recommended with a buy range of ₹395-405, a profit goal of ₹475, and a stop loss at ₹365, with a timeframe of 2-3 months.
- Shilpa Medicare Ltd: Shilpa Medicare Ltd is suggested with a buy range of ₹860-875, a profit goal of ₹1,040, and a stop loss at ₹808, with a timeframe of 2-3 months.
- Azad Engineering Ltd: Azad Engineering Ltd is recommended with a buy range of ₹1,550-1,580, a profit goal of ₹1890, and a stop loss at ₹1,427, with a shorter timeframe of 1-2 months.
Market Context
On October 3, 2025, the Indian equity market experienced a rally, breaking an eight-session losing streak following the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting. The Nifty 50 surged by 239 points (0.97%), settling above the key technical resistance at 24,850.6, while the Sensex gained 754 points, closing at 81,022.58. The RBI's decision to hold the repo rate at 5.50% was less significant than its forward guidance, which included an upward revision of the FY26 GDP growth forecast to 6.8% and a reduction in the CPI inflation projection to 2.6%.
About MarketSmith India
MarketSmith India is a stock research platform that offers advisory services within the Indian stock market. It provides tools for stock analysis, including stock screeners, watchlists, and chart pattern recognition. The platform is based on the CAN SLIM investment methodology developed by William J. O'Neil. This approach combines both technical and fundamental data to help investors identify strong stocks.
Disclaimer: It is important to note that these recommendations are based on the analysis and insights provided by MarketSmith India and Motilal Oswal. Investors should conduct their own research and consider their individual risk tolerance and investment objectives before making any investment decisions.