# Stock recommendations for 10 October from MarketSmith India

> MarketSmith India recommends two stocks for 10 October: Allied Blenders and SG Finserve.
- Title: Stock recommendations for 10 October from MarketSmith India
- Summary: MarketSmith India recommends two stocks for 10 October: Allied Blenders and SG Finserve. MarketSmith India recommends Allied Blenders and SG Finserve for 10…
- Keywords: marketsmith india, allied blenders and distillers ltd, sg finserve ltd, nifty 50, stock recommendations, stock market, india, stock market news, money, business, Stock, recommendations
- Source: mint — https://livemint.com/market/stock-market-news/stock-recommendations-for-10-october-from-marketsmith-india-11791553489303.html
- Author: MarketSmith India
- Published: 2026-10-12T00:30:58+00:00
- Read time: 1 min
- Topics: marketsmith india, allied blenders and distillers ltd, sg finserve ltd, nifty 50, stock recommendations, stock market, india, stock market news, money, business
## MarketSmith India stock recommendations
MarketSmith India reveals top stock recommendations for 10 October.
## Market rebound on Friday
Indian equities rebounded Friday led by IT stocks after TCS quarterly results.
## Nifty 50 performance
Nifty 50 rose 288.65 points to 22,520.45 after eight-week losing streak.
## IT sector surge
IT stocks rose nearly 3% with TCS gaining 4% after beating profit estimates.
## Allied Blenders recommendation
MarketSmith recommends Allied Blenders and Distillers Ltd at ₹704-715 target ₹820.
## Allied Blenders strategy
Strong premiumisation strategy led by brands like ICONiQ and Sterling Reserve.
## Allied Blenders risk factors
Highly regulated alcohol industry with state-wise policy changes and taxation risks.
## SG Finserve recommendation
MarketSmith recommends SG Finserve Ltd at ₹669-679 target ₹770.
## SG Finserve strategy
Rapidly expanding supply-chain finance franchise serving MSMEs and dealers.
## SG Finserve risk factors
Concentration in supply-chain financing exposes to slowdown among anchor corporates.
## Key takeaway

MarketSmith India recommends Allied Blenders and SG Finserve for 10 October with target prices of ₹820 and ₹770 respectively.