MarketSmith India, a well-known stock research platform, has released its top stock recommendations for August 21, 2025. Here’s a look at their selected stocks and overall market insights.
Market Overview
On August 20, 2025, the Indian stock market displayed resilience, with the Nifty 50 index closing higher despite volatile trading. The Sensex also advanced, while the Bank Nifty showed some weakness. Market sentiment was positive, driven by expectations of GST reforms and easing India-China geopolitical tensions.
According to the National Stock Exchange of India (NSE), the Nifty 50 closed at 25,050.55, gaining 69.90 points or 0.28%. The Sensex settled at 81,857.85, up by 213.46 points or 0.26%. The market breadth was positive, with 1,489 stocks advancing against 1,060 declining, indicating sustained buying interest.
Analysts suggest that the Nifty is holding comfortably above its key moving averages, indicating a firm underlying trend. Immediate support is placed at 25,000, followed by 24,800, with resistance seen at 25,100 and 25,200.
Stock Recommendations
MarketSmith India's stock picks often focus on companies with strong financial performance, diversified business models, and technological advancements. While specific stock recommendations for August 21, 2025, from MarketSmith India are limited in the search results, some sources do provide recent recommendations.
Recent Stock Picks:
Nifty and Bank Nifty Predictions
For Nifty predictions, attention is focused on the no-trading zone between 25,030 and 25,089. A 15-minute candle closing above 25,089 could signal further upward movement, with potential targets at 25,152, 25,243, and 25,330. Conversely, a close below 25,030 may indicate a downward trend, potentially reaching 24,770.
Bank Nifty is expected to trade between 55,650 and 55,808.
Market Influences
The market's positive trajectory is supported by expectations of GST reforms before Diwali and a potential easing of geopolitical tensions between India and China.
Cautionary Note
Investors should be cautious and avoid unsolicited advice, making decisions based on informed analysis and not unfounded rumors.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Consult with a financial advisor before making any investment decisions.
