MarketSmith India has released its top stock picks for July 10, 2025, offering insights into potentially high-performing stocks for investors.
Stock Recommendations
Motilal Oswal highlighted MarketSmith India's top two stock recommendations:
Market Overview
On July 8, 2025, the Nifty 50 traded in a narrow range and closed flat, reflecting cautious investor sentiment. This subdued movement was attributed to global uncertainty ahead of the US tariff decision, which impacted risk appetite. While FMCG and consumption stocks provided some support, weakness in IT and metal stocks limited gains. Low trading volumes and a declining volatility index, with the India VIX near 9-month lows, indicated a wait-and-watch approach in anticipation of the tariff decision and Q1 numbers.
The Nifty Bank index demonstrated resilience, attracting buying interest after an initial dip on July 9, 2025. The daily chart showed a bullish candle with a higher-high and higher-low structure, signaling positive momentum. The index closed at 57,256.30, a 0.54% intraday gain, with KOTAKBANK, SBIN, and AUBANK leading the gains. Technical analysis indicated that the Nifty Bank index was trading above key moving averages, reinforcing the bullish trend.
Additional Stock Picks from July 9, 2025
MarketSmith India's top two stock picks from July 9th included:
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.