Market Trading Guide: Devyani International, ITC among 5 stock recommendations for Tuesday

Indian headline indices Sensex and Nifty ended their five-day losing streak on Monday, December 23, riding on strong action in bank and FMCG stocks. While the 30-stock BSE Sensex finished at 78,540.17, rising by 498.58 points or 0.64%, the broader Nifty50 finished at 23,753.45, rising by 165.95 points or 0.7%.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities, said Nifty formed a bullish Harami Cross pattern on the daily chart, indicating a potential rise in market optimism. Besides, the index closed above the 200-EMA, he said. “Going forward, a decisive move above 23,850 could trigger a smart recovery towards 24,000-24,400. On the downside, support is placed at 23,540; a breach below this level may lead to further weakness in the index," De added.Here are 5 stock recommendations for Tuesday: Stock Ideas