New Delhi, May 12 -- Stock market update: The Nifty 50 dropped 1.10% on Friday as escalating tensions at the border, following Indian missile strikes and Pakistani retaliation, spooked investors and triggered a broad market sell-off. Banking, financials, energy, and realty stocks bore the brunt, as geopolitical instability fuelled a risk-off sentiment across equities, currency, and bond markets.
Two stock recommendations by MarketSmith India for 9 May:
Buy: Titan Co Ltd (current price: Rs. 3,510.30)
* Why it's recommended: Strong Brand Portfolio, Network expansion and omni channel strategy, Robust Q4 Numbers.
* Key metrics: P/E: 90,, 52-week high: Rs. 3,867, volume: Rs.2,289 crore
* Technical analysis: Trending above all key moving a...
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