New Delhi, Aug. 28 -- Today we recommend two financial services stocks. The sector is vital to India's economic development, acting as the primary engine to convert domestic savings into productive investments. By mobilising capital, managing risk, and facilitating transactions, financial services companies foster economic growth, create employment, and promote entrepreneurship.

We also analyse the market's performance on Tuesday to understand what lies in store for the market.

Current price: Rs.364

Target price: Rs450 in 12 months

Stop-loss: Rs.320

Why it's recommended:Rural Electrification Corporation Limited (REC Ltd.), established in 1969, is a leading 'Maharatna' enterprise, classified as an infrastructure financing company, a p...