The Indian stock market has shown partial recovery from the significant selloff in March, with the Nifty 50 index settling at 23,998, up 0.4% despite ongoing geopolitical tensions and rising oil prices. The BSE Sensex fell 0.75% to 76,913.50, and the Indian Rupee reached an all-time low as Brent crude prices surged to nearly $126 per barrel. Dharmesh Shah, Vice President at ICICI Securities, recommends buying shares of Power Grid Corporation of India Ltd. within the range of ₹306-319, with a target price of ₹352 and a stop loss set at ₹289. Shah anticipates that the market will consolidate within the 23,400–24,500 range, which will help cool off overbought conditions following an 11% rally from the April low. He emphasizes that the current market retracement should be viewed as healthy consolidation rather than a trend reversal, advising investors to accumulate high-quality stocks during dips. The broader market is showing signs of strength, with the Nifty 500 outperforming the Nifty 100, indicating a potential rally ahead.