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MarketSmith India names two top stock recommendations for Sept. 28

The note also points to a modest recovery in Indian equities, with the Nifty 50 closing up 0.3% and the Sensex up 0.4%.

Reported · Written up by our desk · Asia

MarketSmith India published its top stock picks for 28 September, listing two stocks for investors to consider that day. The firm framed the recommendations as part of its daily selection process for Indian equities.

The same update highlighted that Indian markets recovered modestly after a sharp selloff on Thursday. It said Friday trading saw value buying, with hopes of a U.S.-Iran truce cooling crude oil prices.

According to the update, the Nifty 50 rose 77.4 points, or 0.3%, to close at 23,140.5, while the Sensex gained 315.2 points, or 0.4%, to settle at 73,895.7.

It added that Brent crude eased more than 1% from around $105 per barrel on reports the U.S. and Iran are exploring a phased path to end the war, including reopening the Strait of Hormuz, and noted investors were also watching the Trump-Xi summit in Washington.

Latest closeWTI crude $92.44 ▼2.3%|Brent $97.47 ▼8.6%|Sensex 73,580.54 ▼1.7%

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