On April 23, 2023, Indian stock markets experienced a downturn, with the Nifty 50 index falling 0.84% to 24,169.3 and the BSE Sensex declining 1.10% to 77,651.48. This decline was attributed to rising Brent crude oil prices, which exceeded $100 per barrel following geopolitical tensions in the Strait of Hormuz. Nagaraj Shetti, a Senior Technical Research Analyst at HDFC Securities, provided buy recommendations for NLC India Ltd and RVNL. He suggested purchasing NLC India shares at ₹298.45 with a target of ₹320 and a stop-loss at ₹286, indicating a consolidation phase with potential for a higher bottom formation. For RVNL, he recommended buying at ₹306.50 with a target of ₹325 and a stop-loss at ₹295, noting the stock's alignment with the bullish railway sector trend. The Nifty 50's immediate support is set between 24,100-24,000, while resistance is at 24,400. Investors are advised to monitor upcoming earnings reports from major companies, including Infosys and Union Bank of India.