New Delhi, Aug. 14 -- Indian equity benchmarks closed higher on 13 August, recovering from Tuesday's losses, as investors cheered a broad-based rally fuelled by positive global cues and softer domestic inflation data.

The Sensex gained 304 points to settle at 80,539, while the Nifty 50 added 131 points, finishing above the psychologically important 24,600 level at 24,619. Mid- and small-cap stocks outperformed, with the BSE Midcap rising 0.56% and the BSE Smallcap climbing 0.58%.

On to the top stock picks for 14 August, as recommended by India's leading market experts.

GPIL: Buy above Rs.205 and dips to Rs.195 | Stop: Rs.192 | Target: Rs.225-235

SYNGENE: Buy CMP and dips to Rs.640 | Stop: Rs.630 | Target: Rs.705-730

The sharp decline...