New Delhi, June 16 -- For the week ended 13 June, Nifty50 declined approximately 1.14%, settling at 24,718.60. The index remained largely range-bound during the initial part of the week. However, it came under significant selling pressure in the latter half, driven by heightened geopolitical tensions and a sharp surge in crude oil prices.

down on Friday not only erased early-week gains but also dragged the index below the psychological 25,000 mark. Broader market indices also ended lower, reflecting broad-based weakness.

Two stock recommendations by MarketSmith India:

Buy: FDC Ltd. (current price: Rs.475.85)

Why FDC is recommended: Strong domestic brand presence, and focused R&D with controlled manufacturingKey metrics: P/E: 28.12, 52...