Chandan Taparia, head of equity research at Motilal Oswal, has issued fresh buy recommendations for Samvardhana Motherson International, Lodha Developments, and OI Corporation.
The analyst's latest picks signal a shift toward specific sector plays within the Indian equity market, targeting companies with near-term catalysts despite broader market caution.
The recommendations come as Indian benchmark indices, the Sensex and Nifty 50, are poised to open flat on Tuesday, July 28.
Global market cues remain weak, with the Gift Nifty trading around the 23,963 level in early trading.
Analysts note that the Nifty 50 must hold above the 24,000 mark to sustain bullish momentum, suggesting that investors are currently favoring defensive positioning and selective stock-picking over broad market exposure.
Taparia’s latest selections add to a series of recent calls from the Motilal Oswal research desk.