Latest news with #Smallcap
Mint
8 hours ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 24 July 2025
Breakout stocks buy or sell: Benchmark indices, Sensex and Nifty 50, posted solid gains on Wednesday, July 23, driven by favorable global cues and buying interest in select heavyweight stocks such as HDFC Bank and ICICI Bank. The Sensex surged 540 points, or 0.66 per cent, to close at 82,726.64, while the Nifty 50 advanced 159 points, or 0.63 per cent, to settle at 25,219.90. The BSE Midcap index registered a rise of 0.24 per cent, and the Smallcap index ended marginally higher with a 0.05 per cent gain. Sumeet Bagadia, Executive Director at Choice Broking, believes that the improved sentiment of the Indian stock market is still intact as the Nifty 50 has been sustaining above 25,000 levels after bouncing back from the 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,250 and it needs to breach this resistance for further improvement in Dalal Street mood. On breaking above 25,250 in a closing basis, we can expect the 50-stock index touching 25,500 and 25,700 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Mangalore Refinery and Petrochmcls, JM Financial, Radhika Jeweltech, Parag Milk Foods, and Paradeep Phosphates. 1] Mangalore Refinery and Petrochmcls: Buy at ₹ 155.15, target ₹ 166, stop loss ₹ 149; 2] JM Financial: Buy at ₹ 179.59, target ₹ 195, stop loss ₹ 173; 3] Radhika Jeweltech: Buy at ₹ 103.08, target ₹ 112, stop loss ₹ 99; 4] Parag Milk Foods: Buy at ₹ 253.6, target ₹ 272, stop loss ₹ 244; 5] Paradeep Phosphates: Buy at ₹ 200.15, target ₹ 215, stop loss ₹ 193. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
a day ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 23 July 2025
Breakout stocks buy or sell: The Indian stock market ended in red on Tuesday, July 22, weighed down by weak global cues, ending strong gains a day before. The benchmark indices closed flat with a slight negative bias. The Sensex dipped 14 points to end at 82,186.81, while the Nifty 50 fell 30 points, or 0.12%, to settle at 25,060.90. Broader markets fared worse, with the BSE Midcap index declining by 0.62% and the Smallcap index slipping 0.17%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market is indicating a trend reversal as the Nifty 50 index has bounced back strongly after inching close to 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,250. On breaking above this resistance on a closing basis, we can expect the 50-stock index to touch 25,500 and 25,700 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Emcure Pharmaceuticals, Thomas Cook (India), Schneider Electric Infrastructure, Pennar Industries, and Shanthi Gears. 1] Emcure Pharmaceuticals: Buy at ₹ 1425.7, target ₹ 1520, stop loss ₹ 1380; 2] Thomas Cook (India): Buy at ₹ 185.9, target ₹ 199, stop loss ₹ 179; 3] Schneider Electric Infrastructure: Buy at ₹ 932.6, target ₹ 996, stop loss ₹ 900; 4] Pennar Industries: Buy at ₹ 251.7, target ₹ 270, stop loss ₹ 243; 5] Shanthi Gears: Buy at ₹ 560.55, target ₹ 600, stop loss ₹ 540. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
a day ago
- Business
- Mint
Best stocks to buy today, 23 July, recommended by NeoTrader's Raja Venkatraman
A day after ending with decent gains, the Indian stock market resumed its downward march on Tuesday, amid weak global cues. The market benchmarks ended flat with a negative bias. The Sensex slipped 14 points to close at 82,186.81, while the Nifty 50 settled at 25,060.90, down 30 points, or 0.12%. The mid and small-cap segments underperformed. The BSE Midcap index lost 0.62%, while the Smallcap index dropped 0.17% Here are three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader for Wednesday, 23 July NYKAA (Cmp 220.03) ESCORTS (Cmp 3443.60) TATACHEM (Cmp 962.65) Stock Market Recap Indian benchmark indices opened positively on Tuesday, supported by robust Q1 earnings from leading private banks and Eternal (Zomato). The Nifty commenced trade at 25,166.65, briefly maintaining momentum before dipping to an intraday low of 25,035.55. Meanwhile, Sensex began at 82,527.43 and fluctuated between 82,538.17 and 82,110.63, marginally above its previous close of 82,200.34. Initial optimism was tempered by global uncertainties, with traders adopting a cautious stance ahead of the August 1 deadline for a potential U.S. trade agreement. Despite early gains, both indices traded flat through most of the session, reflecting market hesitancy. The broader sentiment remains optimistic, driven by strong domestic earnings, although global cues are prompting short-term caution. Analysts continue to watch for developments in the trade deal and commentary from central banks, which may offer directional clarity in the coming sessions. Outlook for Trading Nifty has been weak, and the sustained bearish pressure seen on every rally indicates that it is inclined for some downward bias as the trends are unable to head higher. While sector rotation is happening, we are reaching a point where the indices have become divergent. HDFC Bank has been under a great deal of stress, and despite some decent numbers, the stock could not impact the market condition. As we have been discussing, the trends were expected to head into the upper end of the value resistance zone as the indicators were tiring out. The rise witnessed in Bank Nifty is seen struggling as the attempt to hold on is seen fizzling out, as bearish pressure is emerging at higher levels. Currently, due to a lack of triggers, we are witnessing a range of actions that could keep the trends from recovering swiftly. A look at Bank Nifty indicates that until 56000 is given away, till then bulls will attempt to rebound. Bank Nifty is a sector that should be tracked. Until 57500 is exceeded we could look at stock specific action where there are divergent views been displayed across all the component stocks. PSU Banks are having it rough and the erratic vibes being exhibited shall make it difficult for the Bank Nifty to recover. This in turn will spill over to the other sectors like Auto, Realty and Finance. Despite marketson Monday showing some prowess of a recovery the inability of Bank Nifty to clear the 57500 mark seems limited ahead of the event. Till then this index holds the key for some trends to emerge. Meanwhile the current scenario has . Now, we need to see Nifty move above 25100 which is the immediate resistance for some bullish revival as well as the max pain point that will continue to halt any progress. With the Open Interest data clearly indicating a hurdles at higher levels one should keep tracking a 30-minute range breakout on Wednesday above this level for creating some long. As indices are not showing much declines one should look to participate in some stock specific action. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
3 days ago
- Business
- Time of India
Mid and smallcaps expensive, selectivity crucial for investors: George Thomas
"Investors should be selective in their stock picks because broader market valuations are not cheap. Compared to the strong returns of the past three to five years, returns over the next couple of years might be lower, although still reasonably healthy," says George Thomas, Quantum AMC. If you look at the six-month trajectory, the market is still up by 6%. How do you see the market moving in the near term and the long term with respect to the Nifty and Sensex? More importantly, which sectors should investors consider if they want to allocate capital now? George Thomas: If you look at the recent market performance, it's driven by a few key factors. Firstly, the earnings profile of companies has been somewhat muted. For the March quarter, aggregate revenue growth was in single digits—around 6-7% for the BSE 500—while margins remained steady. In such an environment, valuations weren't supportive enough to generate high returns. Explore courses from Top Institutes in Select a Course Category healthcare Data Science Public Policy Data Analytics PGDM Finance Cybersecurity Healthcare Data Science Leadership Management Degree Design Thinking MBA others MCA Others Operations Management Project Management Technology CXO Digital Marketing Product Management Artificial Intelligence Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 20 Most Expensive Cars Undo However, looking ahead, we believe a few positive triggers are emerging. For one, the higher-than-expected rate cuts could eventually boost consumption and support some capex projects that may materialize in the coming quarters. The monsoon has also been reasonably good, which should benefit the rural economy. Irrigation activity and kharif sowing have shown healthy trends. With these factors, along with a relatively low base for FY25, we expect things to improve from here. That said, investors should be selective in their stock picks because broader market valuations are not cheap. Compared to the strong returns of the past three to five years, returns over the next couple of years might be lower, although still reasonably healthy. Let's elaborate further on the broader markets—specifically midcaps and smallcaps. It doesn't seem appropriate to talk about both market caps in the same breath anymore. Let's discuss them separately. There was a time when investors earned good profits from these segments. Valuations had cooled off a bit, but are we now looking at a time correction in certain pockets? And how are you positioned from a sector-specific valuation standpoint in midcaps and smallcaps? George Thomas: For mid- and small-cap investors, selectivity is crucial because there is froth in many areas. In our Quantum Smallcap Fund, for instance, we are holding about 13% in cash—which is higher than usual—reflecting our caution about valuations in that space. Live Events Some of our recent additions have been in the auto ancillary sector and a company catering to the FMCG space. However, investors need to adopt a bottom-up approach—you can't generalize. One must be mindful of valuations and evaluate each company's story individually. From a broader perspective, mid- and small-caps continue to be expensive compared to their historical averages. Not so much on a P/E basis, but if you look at price-to-book—an indicator of how profits compare to historical trends—there's clear evidence of froth. Hence, selectivity is essential. The companies we've added in the auto ancillary space are gaining new clients, including both domestic and foreign auto OEMs, and are increasing their components per vehicle. So, investors need to be very selective in this pocket. Let's shift focus to PSU banks. Indian Overseas Bank , for example, just reported a 75% rise in net profit to ₹1,111 crore, and the stock is up 2%. There's been a lot of action in PSU banks lately, especially with a 50-bps rate cut already in place and clarity emerging on the rate trajectory. How do you view this space going forward? George Thomas: We have been extremely selective in the PSU banking space. We currently hold just one PSU bank that has a large franchise and one of the lowest costs of funds. However, when you move further down the ladder, we believe that management and underwriting quality in many PSU banks do not match the best players in the sector. We are constructive on the banking sector overall. Even though there could be some near-term margin pressure due to rate cuts, we believe the market has largely factored this in. The asset quality concerns we saw in segments like personal loans, credit cards, and MFIs seem to be behind us. Looking ahead, we expect asset quality to remain stable, and current valuations have already priced in some of the expected margin compression. Compared to their historical averages, some banking names—particularly in the private sector—continue to offer attractive upside. I'd like to bring your attention to the chemicals and fertiliser sector. With NITI Aayog recently releasing a roadmap to boost India's chemical industry, does this sector feature in your portfolio? What's your outlook considering the structural changes being proposed? George Thomas: We currently have no exposure to the chemical sector, primarily due to concerns around supply-side dependencies. Many of these companies are significantly influenced by how major Chinese suppliers behave, which adds unpredictability. Moreover, it's hard to identify a sustainable moat in many specialty chemical companies. Their performance often hinges on regional dynamics, and given the scale of their operations, we don't see consistent structural advantages such as cost leadership. While there could be selective opportunities, from a broader sector perspective, we have not found an attractive combination of valuations and fundamental strength. Hence, we have stayed away from this space in our portfolio.
Mint
3 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 21 July 2025
Breakout stocks buy or sell: The Indian stock market closed lower for the second straight session on Friday, July 18, as investors continued to reduce their equity holdings due to lackluster earnings, high market valuations, and ongoing uncertainty surrounding tariffs. The Sensex declined by 502 points, or 0.61 per cent, ending at 81,757.73, while the Nifty 50 fell 143 points, or 0.57 per cent, to close at 24,968.40. The BSE Midcap index slipped 0.62 per cent, and the Smallcap index dropped by 0.64 per cent. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned weak as the Nifty 50 index has closed close to its 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' On breaking below this support, the key benchmark index may try to touch next support of 24,650. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Max Estates, I G Petrochemicals, Blue Jet Healthcare, Sanathan Textiles, and Sagar Cements. 1] Max Estates: Buy at ₹ 552.9, target ₹ 590, stop loss ₹ 535; 2] I G Petrochemicals: Buy at ₹ 509, target ₹ 540, stop loss ₹ 490; 3] Blue Jet Healthcare: Buy at ₹ 1010.2, target ₹ 1080, stop loss ₹ 975; 4] Sanathan Textiles: Buy at ₹ 554.05, target ₹ 590, stop loss ₹ 535; 5] Sagar Cements: Buy at ₹ 268.5, target ₹ 288, stop loss ₹ 260. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
