On April 20, the domestic benchmark indices, Nifty 50 and Sensex, opened on a slightly negative note amid rising uncertainties over US-Iran negotiations and mixed signals from leadership. Despite this, the Sensex climbed 314.84 points (0.40%) to 78,808.38, while the Nifty 50 increased by 98.85 points (0.42%) to 24,455.85. The market's cautious sentiment is compounded by a sharp rise in global oil prices, with Brent crude increasing 4.72% to $94.65 per barrel. Vinay Rajani, a senior analyst at HDFC Securities, noted that the Nifty 50 has surged over 10% from its recent low and is targeting the 200 DEMA near 24,800. He recommends buying Action Construction Equipment at ₹919 with a target of ₹875 and a stop-loss at ₹1,000. Additionally, he suggests purchasing Moil at ₹325, targeting ₹365 with a stop-loss at ₹310. Rajani emphasizes that both stocks show bullish momentum and technical strength, despite the overall market's cautious outlook.