# MarketSmith India stock picks for 8 October

> MarketSmith India recommends two stocks to buy for 8 October.
- Title: MarketSmith India stock picks for 8 October · mint | Shortify
- Summary: MarketSmith India recommends two stocks to buy for 8 October. MarketSmith India recommends Mtar Technologies and Aegis Logistics for 8 October with target…
- Keywords: marketsmith india, mtar technologies, aegis logistics ltd, nifty 50, rbi rate hike, stock recommendations, stock market, money, business, MarketSmith, India, stock
- Source: mint — https://livemint.com/market/stock-market-news/stock-recommendations-for-8-october-from-marketsmith-india-11791386554870.html
- Author: MarketSmith India
- Published: 2026-10-08T00:30:22+00:00
- Read time: 1 min
- Topics: marketsmith india, mtar technologies, aegis logistics ltd, nifty 50, rbi rate hike, stock recommendations, stock market, money, business
## MarketSmith India stock picks for 8 October
MarketSmith India reveals its top stock recommendations for 8 October.
## RBI rate hike impacts Indian markets
Indian equities snapped a two-day winning streak after RBI raised interest rates for the first time since February 2023.
## Nifty 50 performance
Nifty 50 fell 173.05 points to close at 22,603.05 after touching a low of 22,546.30.
## RBI rate hike details
RBI raised repo rate by 25 basis points to 5.50% and shifted stance to calibrated tightening.
## MarketSmith India buy recommendations
MarketSmith India recommends two stocks for 8 October: Mtar Technologies Ltd and Aegis Logistics Ltd.
## Mtar Technologies buy details
Mtar Technologies Ltd (₹7,885) recommended with target price of ₹9,100 in two to three months.
## Mtar Technologies risk factors
High customer concentration risk and execution delays in defense, nuclear, space and clean-energy projects.
## Aegis Logistics buy details
Aegis Logistics Ltd (₹1,460) recommended with target price of ₹1,700 in two to three months.
## Aegis Logistics risk factors
Earnings sensitive to LPG demand fluctuations and regulatory changes in energy and logistics sectors.
## MarketSmith India methodology
MarketSmith India uses CAN SLIM methodology founded by William J. O'Neil for stock recommendations.
## RBI rate hike implications
Elevated crude oil prices, rupee weakness and foreign selling weighed on Indian market sentiment.
## Key takeaway

MarketSmith India recommends Mtar Technologies and Aegis Logistics for 8 October with target prices of ₹9,100 and ₹1,700 respectively.