Stock recommendations for 5 August from MarketSmith India

Indian equity markets ended on a weak note on 5 August, with Nifty 50 falling 159.40 points to 24,614.90. Investors got cautious as they monitored the Reserve Bank of India Monetary Policy Committee meeting. Many stocks saw profit booking, though Nifty Media and Nifty Metal showed some resilience amid the day's volatility.