Indian stock indices remained positive for the fourth consecutive session on Friday, bolstered by encouraging global signals, relative calm in the Israel-Iran conflict, and a potential extension of the tariff deadline. A spokesperson from the White House suggested on Thursday that the deadline for reciprocal tariffs might be postponed. The Sensex closed at 84,058 points, rising by 303 points, while the Nifty 50 finished at 25,637 points, climbing up by 89 points. Strong domestic fundamentals in India, a proactive Reserve Bank of India (RBI), and favorable monsoon conditions are Nifty 50 reclaimed 25,500 mark after eight months, as easing of geopolitical worries bolstered market sentiment globally. S&P 500 has approached near its All-Time High levels. Shah has recommended two stock to buy for short-term. Nifty 50 performed in tandem with global peers gaining 2% for the week, at 25,638. Small cap zoomed 4% wherein traction seen in Metal and Capital market, BFSI sectors.

Breakout from six weeks consolidation (25,200-24,500) From seasonality perspective, July has been the favourable month for Nifty 50 since 1991. 71% of the time returns have been positive with an average of 2.5%. Structurally, despite geopolitical worries index maintained its higher high-low formation. Nifty midcap and small cap indices have resumed uptrend after two weeks breather and now just 3-4% away from their life time highs. Past four decades history suggest that knee-jerk reactions during geopolitical escalation offers good investment opportunity. 80% stocks of Nifty 500 universe are trading above their 50 days SMA. 62% of stocks are sustaining above their 200 days Sma, highlighting inherent strength. Outperformance of Bank Nifty continued as it inched upward and clocked fresh All Time High.

ICICI Securities recommends buying Power Finance Corporation Ltd ( PFC ), and National Aluminium Company Ltd ( Nalco ) shares this week. US Dollar index is sustaining below past two months low of $98 which augurs well for FII's inflow in emerging markets. B Buy Nalco shares in the range of $ 186-192. He has a share price target of $ 216 with a stop loss of $ 174. We strongly advise investors to consult with certified experts before making any investment decisions. We strongly advise investors to consult with certified experts before making any investment decisions. As market conditions can change rapidly and individual circumstances may vary, consult with a certified expert before making a decision. For confidential support call the Samaritans on 08457 90 90 90, visit a local Samaritans branch