New Delhi, May 20 -- On Monday, the Nifty 50 fell 0.30% to close at 24,945.45, slipping below 25,000 due to a sharp decline in IT stocks amid concerns over the US economic growth. Moody's downgrade of the US credit outlook further dampened sentiment, triggering caution across global markets. The India VIX rose nearly 5%, indicating increased volatility. While large-cap stocks faced pressure, mid- and small-cap segments showed resilience, with investor interest seen in realty, PSU banks, defence, and railway-related sectors.

Two stock recommendations for today by MarketSmith India

GAIL (India) Ltd (current price: Rs.189.48)

Why it's recommended: Investment in renewable energy, international expansion, strong financial performance

Key m...