New Delhi, June 18 -- On Tuesday, Nifty50 declined 0.37%, closing near 24,853 amid broad-based profit-booking and rising geopolitical concerns. Sentiment was dampened by escalating tensions in West Asia following the US's warnings over Tehran, which triggered a spike in crude oil prices. This led to selling pressure in key sectors such as Nifty Pharma, Auto, Metals, Oil and Gas, and Financials.

Two stock recommendations by MarketSmith India

Why Coromandel International is recommended: Consistent revenue growth, diverse, and expanding product portfolioKey metrics: P/E: 36.51 | 52-week high: Rs.2,514.00 | Volume: Rs.218.61 croreTechnical analysis: Bounce back from its 50-DMA after a few days of consolidationRisk factors: Monsoon dependenc...