Stock recommendations for 5 December from MarketSmith India

Nifty 50 Recap

The Indian market ended modestly higher on 4 December 2025, with Nifty 50 closing at 26,033.75, up 0.18% (47.75 points) after oscillating between 25,938.95 and 26,098.25 through the session.

Sectoral Performance

• Nifty IT rose 1.41%, supported by renewed interest in defensives and a stable global tech backdrop.
• Nifty FMCG provided a crucial uplift, rising 0.47%.
• Nifty Media was the primary laggard, declining -1.45%.
• Consumer Durables fell -0.62%.

Market Breadth

Despite the headline index finishing in the green, broader market breadth remained weak: out of all traded stocks, 1,381 advanced, while 1,746 declined and 87 remained unchanged, reflecting underlying softness beyond the large-cap space.

Technical Analysis

• The index pulled back from the higher trendline for a second consecutive session, signalling waning momentum after a strong multi-week climb.
• The RSI rolled over 60–65 and is trending lower, indicating a loss of strength and a shift toward neutral momentum.
• The MACD continues to show a flattening profile with a narrowing histogram, reflecting a slowdown in upside momentum and a potential early-stage bearish crossover setup if weakness persists.

Stock Recommendations

Gujarat Pipavav Port Ltd

Buy: ₹184–187

• Key metrics: P/E: 23.83, 52-week high: ₹203, volume: ₹44.61 crore
• Technical analysis: Bounce back from its 21-DMA
• Risk factors: Dependence on global trade cycles and export/import demand, Competition from nearby ports (JNPT, Mundra), Regulatory and tariff risks under TAMP/government policies, Vulnerability to global shipping disruptions & geopolitical issues, Environmental compliance risks, and cyclone exposure.

Target price: ₹209 in two to three months

Stop loss: ₹175

Torrent Pharmaceuticals Ltd

Buy: ₹3,780–3,810

• Key metrics: 62.36; 52-week high: ₹3,880; volume: ₹203 crore
• Technical analysis: 21-DMA Bounce
• Risk factors: Regulatory risks tied to stringent USFDA and global compliance requirements, High dependence on key chronic therapies.

Target price: ₹4,050 in two to three months

Stop loss: ₹3,690

Nifty Bank Recap

Bank Nifty opened on a negative note and traded volatile throughout the session, reflecting indecision among market participants.

Technical Analysis

• The RSI traded sideways and currently stands at 61, reflecting cooling momentum without signalling immediate weakness.
• The MACD has turned negative through a bearish crossover, though it remains positioned above the zero line, suggesting underlying support despite short-term hesitation.

Support and Resistance

• Initial support is placed at 25,850.
• Key support area: 25,700.
• Critical resistance level: 26,300.
• Upside target: 26,500–26,700.

About MarketSmith India

MarketSmith India is a stock research platform and advisory service focused on the Indian stock market. It offers tools and resources to help investors make informed decisions based on the CAN SLIM methodology, founded by legendary investor William J. O'Neil.

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