Stock Market Recommendations

According to Sudeep Shah, Head - Technical Research and Derivatives, SBI Securities, Shyam Metalics and Energy Ltd, and Cipla are the top stock picks for this week. Here’s his view on Nifty, Bank Nifty for the week starting July 28, 2025.

Nifty View

The benchmark Nifty index has continued its downward trajectory, extending its losing streak for the fourth consecutive week. This persistent weakness can be attributed to a combination of factors — the absence of strong positive triggers, Q1 earnings from key corporates coming below expectations, and lingering uncertainty on the global trade deal front, all of which have dampened investor sentiment.

Bank Nifty View

The banking benchmark index, Bank Nifty, has relatively outperformed the broader frontline indices by closing the week on a mildly positive note, even as the overall market sentiment remained weak.

Stock Recommendations

Shyam Metalics and Energy Ltd: On the weekly chart, the stock has confirmed a Cup and Handle pattern breakout, accompanied by robust volume, which adds credibility to the breakout.

Cipla: The stock has registered a breakout above a downward sloping trendline on the daily chart, signalling a potential trend reversal.