New Delhi, June 20 -- On Thursday, the Nifty 50 declined marginally by 0.08% and closed at 24,793 amid a volatile trading session. The market remained under pressure due to hawkish commentary from the US Federal Reserve, which dampened global sentiment by projecting only two rate cuts for 2025. Geopolitical tensions in the Middle East further weighed on risk appetite. The selling pressure was evident in the market across sectors.

Two stock recommendations by MarketSmith India:

Ramkrishna Forgings Ltd (current price: Rs.638.50)

Why it's recommended: Capital infusion by promoters, seasonal positive tailwind, EPS growth.

Key metrics: P/E: 34.54 | 52-week high: Rs.1,064 | Volume: Rs.354.22 crore

Technical analysis: 50-DMA retake, positiv...