New Delhi, April 9 -- The Indian stock market bounced back on Tuesday after a sharp decline over the past few days. This recovery was mainly driven by positive global cues, fueled by hopes of trade tariff negotiations between the US and Japan, along with expectations of a 25 bps rate cut in the upcoming RBI policy meeting on Wednesday.
Best stock recommendations today: Two stock picks by MarketSmith India:
Why it's recommended: Niche focus on pediatric and perinatal care, pan-india expansion strategyKey metrics: P/E: 59.79, 52-week high: Rs. 1,710, volume: Rs. 10.62 crore.Technical analysis: Gap-up with 100-DMA retakeRisk factors: Dependence on key specialists, geographically concentrated in South India.Buy at: Rs. 1,480Target price: Rs...
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