New Delhi, June 2 -- The Nifty 50 declined 0.41% last week, closing at 24,750, and formed a second consecutive bearish weekly candle. The pullback was primarily driven by profit booking near the key resistance zone of 25,000-25,200, along with weakness in IT, FMCG, and metal stocks. Renewed US tariffs further dampened sentiment, particularly impacting export-oriented sectors. Despite the recent consolidation, the index remains on track to register a third consecutive monthly gain, posting a 1.67% rise in May.

Two stock recommendations for today, 2 June, by MarketSmith India:

APAR Industries Ltd (current price: 8,114)

Why it's recommended: Consistent financial growth, diverse business segments

Key metrics: P/E: 39.13 | 52-week high: Rs...