In the face of fluctuating market conditions, Bajaj Broking Research has identified two standout stocks for investors to consider. Godawari Power and Ispat Limited, along with Apollo Micro Systems, have emerged as top recommendations. These selections come at a time when the market is reacting to new US tariffs, which have introduced a layer of uncertainty for investors.

The Nifty index is currently finding support between 24,400 and 24,350 points. Meanwhile, the Bank Nifty is holding its ground at a crucial support level of 53,000 points. These benchmarks are critical for traders and investors as they navigate the current economic landscape.

Godawari Power and Ispat Limited: A Strong Contender

Godawari Power and Ispat Limited has been highlighted for its robust performance and potential for growth. The company is well-positioned to benefit from ongoing GST reforms, which are expected to streamline operations and enhance profitability. Investors are advised to keep an eye on this stock as it could offer significant returns.

Apollo Micro Systems: Riding the Festive Wave

Apollo Micro Systems is another stock that has caught the attention of analysts. With the festive season approaching, this company stands to gain from increased consumer spending. Its strategic positioning in the market makes it a promising option for those looking to capitalize on seasonal trends.

Market Dynamics and Investor Strategy

The introduction of new US tariffs has added complexity to the market environment. Investors are urged to focus on quality stocks that can withstand these external pressures. Companies that are agile and can adapt to changing regulations will likely outperform their peers.

Navigating Support Levels in Nifty and Bank Nifty

The Nifty’s support range of 24,400-24,350 points is a critical zone for traders. Similarly, the Bank Nifty’s support at 53,000 points serves as a key indicator of market sentiment. Monitoring these levels can provide insights into potential market movements and help investors make informed decisions.