Market Trading Guide: HDFC Bank, Tata Motors among 4 stock recommendations for Thursday

Indian headline indices ended in the red on Wednesday after hitting fresh record highs, dragged by IT sector heavyweights Infosys and Tata Consultancy Services (TCS). Nifty scaled an all-time high of 25,482.20 before finishing the session at 25,377.55, down by 41 points or 0.16% while S&P BSE Sensex conquered a peak of 83,326.38 before settling at 82,948.23, lower by 131.43 points or 0.16%.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that some traders decided to take profits at higher levels which caused the market to close about 130 points below its peak for the day. "On the downside, there is support at 25,300. If Nifty falls below this level, it could lead to a further drop towards the 24,900-25,000 range. On the upside, 25,500 is acting as a resistance level, meaning it may be difficult for the market to move above this point in the short term," De said.Here are 4 stock recommendations for Wednesday: Stock Ideas