MarketSmith India, a stock research platform, has provided its recommendations for today, August 7, 2025. Here's a summary of their stock picks and recent market activity.

Market Overview

The Indian equity indices experienced losses for the second consecutive session on August 6, 2025. The Nifty closed below 24,600, while the Sensex ended 166.26 points lower, a 0.21% decrease, settling at 80,543.99. The Nifty declined by 75.35 points, or 0.31%, to close at 24,574.20.

After a flat start, the Nifty traded within a narrow range throughout the day, closing near the day's low. Market participants were largely cautious ahead of the RBI's Monetary Policy Committee (MPC) decision. As expected, the central bank maintained the policy rate and a neutral stance, resulting in a muted market reaction.

Stock Recommendations

For August 7, 2025, MarketSmith India recommends two stocks:

• Insurance Sector Stocks: Specific names from the insurance sector are expected in the recommendations.

Additional Stock Picks

While specific recommendations for August 7 are focused on the insurance sector, MarketSmith India has recently highlighted other stocks.

• Colgate-Palmolive (India) Ltd: A "buy" recommendation was issued with a target price of ₹2,890 in three months and a stop loss at ₹2,310.
• United Spirits: Also a "buy," with a target price of ₹1,650 in three months and a stop loss at ₹1,370.
• Hindustan Unilever Ltd: Recommended on August 1, 2025, citing rural demand recovery, volume-led sales, a strong brand portfolio, strategic investments, and corporate restructuring.

Other stocks to watch

• Torrent Pharma: The stock has gained around 6% from its pivot level in 11 days. Its Relative Strength (RS) rating has reached 75.
• Bosch Limited: The stock has given a breakout and is trading above its pivot level by 3%.
• PI Industries: The stock is trading with a positive sentiment and is trading up its all key moving averages.

Disclaimer: It's important to note that investments in the securities market are subject to market risks. Always read all related documents carefully before investing.