New Delhi, June 6 -- On Thursday, the Nifty 50 gained 0.60%, closing at 24,750, driven by strong performances in RIL, ICICI Bank, and HDFC Bank. Barring the Nifty Realty, Pharma, and Metal, the indices performed well, lifting the overall market sentiment. Optimism ahead of the RBI's expected rate cut and supportive global cues, including lower US yields and a softer dollar, boosted sentiment.

Two stock recommendations for today, 6 June, by MarketSmith India:

Zydus Lifesciences Ltd (current price: Rs.955)

Why it's recommended: Strong financial performance, strategic acquisitions and expansion, and consistent R&D investment

Key metrics: P/E: 19.92 | 52-week high: Rs.1,324.30 | Volume: Rs.171.80 crore

Technical analysis: Reclaimed 200-E...