Picks of the day: Buy L&T, short UPL, says Rahul Sharma

Rahul Sharma's market insights cover Larsen & Toubro's potential breakout, market choppiness, smallcap and midcap index analysis, positive metal sector outlook, and Muthoot Finance's expected up-move amid cautious FMCG sector sentiment. In metals, Sharma's top picks on the long side are Steel Authority of India or SAIL as well as Hindalco.

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