New Delhi, May 26 -- On Friday, the Nifty 50 advanced 0.99% to close at 24,853.15, reflecting broad-based strength across key sectors. The uptrend was underpinned by easing US treasury yields, which enhanced global risk sentiment and spurred foreign inflows into Indian equities. Notable gains in IT, FMCG, and Financial stocks provided significant support to the index. Stable Indian rupee and crude oil prices further bolstered investor confidence. Overall, market sentiment remained positive, driven by optimism around improving macroeconomic fundamentals despite prevailing global uncertainties.

Two stocks recommended for today by MarketSmith India

Multi Commodity Exchange of India Ltd (current price: Rs.6,492.50)

Why it's recommended: Fi...