Here's a report on stock recommendations from MarketSmith India for November 24, 2025:
MarketSmith India has released its stock recommendations for November 24, 2025, offering insights into potential investment opportunities. The recommendations are designed to assist investors in making informed decisions based on current market analysis.
Market Trends and Analysis
The Indian stock market indices experienced a slight downturn on Friday, November 21, after a two-day winning streak. This pullback was largely influenced by major financial stocks such as HDFC Bank, ICICI Bank, SBI, and Bajaj Finance, which dragged the market down amid weak global sentiment. The Nifty 50, after reaching a fresh 52-week high of 26,246.65, saw a decline, while the Sensex dropped 400.76 points.
Earlier in the month, on November 17, the Indian benchmark indices closed with marginal gains, consolidating recent gains amidst mixed global cues and the Bihar election results. The Nifty 50 closed 0.12% higher, settling slightly below 26,000, and the Sensex followed a similar trajectory. Global factors, including overnight declines in the US markets due to inflation concerns and technology valuations, initially impacted the opening.
Expert Recommendations
Market expert Raja Venkatraman has shared his top three midcap stock picks for November 24, providing investors with specific recommendations. Additionally, Sumeet Bagadia has recommended buying DCB Bank shares at ₹186, setting a stop-loss at ₹179 and a target share price of ₹200. Bagadia noted the stock's strong bullish performance, with the share price closing at 186.07, indicating renewed buying interest and sustained momentum.
Stocks to Watch
MarketSmith India's CAN SLIM method helps to identify promising stocks. The "Stocks On The Move" list highlights stocks with significant increases in volume compared to their average daily trading level, often signaling institutional buying or selling. Stocks with an EPS & RS Rank of at least 70 and an A/D Rating of D+ or better are considered. It is important to note that stocks must have a daily price change of at least 1/2 point with a volume change of at least 1/2 point compared to the 50-day average volume.
Renewable Energy Sector
NTPC and Power Grid have emerged as top picks in the renewable energy sector, as India aims for 500 gigawatts of renewable capacity by 2032. Mayuresh Joshi, Head Equity at Marketsmith India, noted that all parts of the power ecosystem, including generators, transmitters, financiers, and EPC players, stand to benefit from this transition. He also mentioned that companies like ABB and Cummins could gain from the rising demand for storage systems, data centers, and rail-related applications.
Disclaimer:
It is important to note that these recommendations are based on current market conditions and expert analysis. Investors should conduct their own research and consider their individual financial circumstances before making any investment decisions.
