Here's a news article based on the latest stock market updates for October 14, 2025:
MarketSmith India's Stock Recommendations for October 14
MarketSmith India has released its stock recommendations for today, October 14, offering insights into potentially well-performing stocks to guide investment decisions.
Market Overview
The Indian market is expected to open with a positive bias but might experience a loss of momentum due to mixed global cues. Nifty is projected to fluctuate within a range of 24,500 to 25,500. On Friday, the Nifty future closed negatively with a 0.28% loss at 25,048.
Expert Recommendations
Several market experts have provided stock recommendations for short-term trading. Kunal Bothra, a market expert, suggests the following:
- Samvardhana Motherson: Buy with a target price of Rs 224 and a stop loss at Rs 207.
- Exide Industries: Buy with a target price of Rs 550 and a stop loss at Rs 521.
Nooresh Merani, an independent technical analyst, recommends:
- Dixon Technologies: Buy with a target price of Rs 15,500 and a stop loss at Rs 14,800.
Other stock recommendations include:
- Hindalco: Buy with a target price of Rs 800 and a stop loss at Rs 730.
- L&T: Buy with a target price of Rs 3900 and a stop loss at Rs 3450.
- Tata Chemicals: Buy with a target price of Rs 1350 and a stop loss at Rs 1140.
Factors Influencing the Market
Despite a slight recovery in the Indian Rupee (INR) and a decrease in inflation expectations, overall market sentiment remains cautious, leading to slightly negative market movements.
MarketSmith India's Approach
MarketSmith India utilizes the CAN SLIM approach to identify top growth stocks. Their platform offers various tools, including:
- Premium stock screens
- Analysis of top-performing industry groups
- Evaluation of over 5000 Indian stocks
- Insights on current market trends
Stocks in Focus
MarketSmith India highlights stocks with significant percentage increases in volume compared to their normal daily trading levels, which often indicates institutional buying or selling activity. They also provide lists of stocks being heavily bought or sold by institutional investors. For stocks being bought, MarketSmith India requires an EPS & RS Rank of at least 70 and an A/D Rating of D+ or better. These stocks must also have a daily price change of 1/2 point or more with a volume change of 1/2 point or more compared to the 50-day average volume.
Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own.