Stock recommendations for 4 August from MarketSmith India

Indian equity markets ended on a strong note on 4 August, with Nifty 50 closing at 24,774.30, up 1.60%. Nifty IT led the gains with a 3.28% rise, while Nifty Media fell 3.09%. Many stocks showed positive movement as 2,360 shares advanced, reflecting broad buying interest across the market.