Latest news with #SumeetBagadia
Mint
11 hours ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 10 June 2025
Breakout stocks buy or sell: Indian stock markets extended their winning streak for the fourth consecutive session on Monday, buoyed by the Reserve Bank of India's recent 50 basis point repo rate cut. The Sensex ended the day at 82,445.21, gaining 256.22 points or 0.31%, while the Nifty rose by 100.15 points or 0.40% to close at 25,103.20. All Nifty sectoral indices closed in positive territory except for Nifty Realty. Among the sectors, Nifty Financial Services Ex-Bank led the gains, with Nifty PSU Bank and Nifty Oil & Gas following closely behind. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is positive as the Nifty 50 index is sustaining above 25,000. Speaking on the outlook of Indian stock market, Bagadia said, ' Once the Nifty 50 index breaks above 25,150 decisively, we can soon expect the benchmark index to touch 25,600 and 26,000 decisively. 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 shares to buy today — Whirlpool Of India, Vishal Mega Mart, Manappuram Finance, L&T Finance, and Hindware Home Innovation. 1] Whirlpool Of India: Buy at ₹ 1354.70, target ₹ 1410, stop loss ₹ 1300; 2] Vishal Mega Mart: Buy at ₹ 131.01, target ₹ 141, stop loss ₹ 126; 3] Manappuram Finance: Buy at ₹ 264.80, target ₹ 283, stop loss ₹ 255; 4] L&T Finance: Buy at ₹ 193, target ₹ 207, stop loss ₹ 186; 5] Hindware Home Innovation: Buy at ₹ 284.30, target ₹ 305, stop loss ₹ 271. 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 — 9 June 2025
Breakout stocks buy or sell: Indian equities ended Friday with notable gains, fueled by the Reserve Bank of India's twin policy moves—a 50 basis point cut in the repo rate and a 100 basis point reduction in the cash reserve ratio (CRR). These measures boosted optimism for increased credit uptake and a revival in domestic economic growth. Both the Nifty 50 and Sensex posted strong finishes, each rising over 1%. The Nifty 50 gained 252 points, or 1.02%, to close at 25,003, while the Sensex rose by 443 points, or 1%, ending the session at 82,188. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned positive as the Nifty 50 index has breached above 25,000 decisively. Speaking on the outlook of Indian stock market, Bagadia said, ' Once the benchmark index breaks above Friday's high decisively, we can expect the 50-stock index to touch 25,600 and 26,000 respectively. 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 shares to buy today — Go Digit General Insurance, Godrej Properties, Aditya Birla Real Estate, Gujarat Mineral Development Corpn, and UTI Asset Management Company. 1] Go Digit General Insurance: Buy at ₹ 351.25, target ₹ 385, stop loss ₹ 334; 2] Godrej Properties: Buy at ₹ 2467, target ₹ 2720, stop loss ₹ 2340; 3] Aditya Birla Real Estate: Buy at ₹ 2355.80, target ₹ 2600, stop loss ₹ 2240; 4] Gujarat Mineral Development Corpn: Buy at ₹ 401.05, target ₹ 440, stop loss ₹ 380; 5] UTI Asset Management Company: Buy at ₹ 1223.90, target ₹ 1360, stop loss ₹ 1160. 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
4 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 6 June 2025
Breakout stocks buy or sell: The Indian stock market saw widespread buying activity on Thursday, June 5, which pushed the benchmark indices—the Sensex and Nifty 50—up by more than 1% during intraday trade. However, both indices pared some of their gains by the close, ending the day with an increase of around half a percent, marking their second consecutive session of advances. The Sensex opened at 81,196.08, up from its previous close of 80,998.25, and surged over 900 points to touch an intraday high of 81,911.13. Similarly, the Nifty 50 began the day at 24,691.20, compared to its last close of 24,620.20, and rose more than 1% to reach an intraday high of 24,899.85. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is positive as the Nifty 50 index is sustaining above 24,500. Speaking on the outlook of Indian stock market, Bagadia said, ' The benchmark index is facing hurdle at 25,000. On breaking above 25,000, the 50-stock index may soon touch 25,400. 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 shares to buy today — J K Cement, JM Financial, Welspun Corp, Sobha, and JSW Infrastructure. 1] J K Cement: Buy at ₹ 5715, target ₹ 6300, stop loss ₹ 5440; 2] JM Financial: Buy at ₹ 141.62, target ₹ 158, stop loss ₹ 134; 3] Welspun Corp: Buy at ₹ 962.35, target ₹ 1070, stop loss ₹ 911; 4] Sobha: Buy at ₹ 1602.30, target ₹ 1775, stop loss ₹ 1520; 5] JSW Infrastructure: Buy at ₹ 307.10, target ₹ 338, stop loss ₹ 292. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Mint
5 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 5 June 2025
Breakout stocks buy or sell: The Indian stock market bounced back on Wednesday, June 4, breaking a three-day losing streak, with the recovery driven mainly by key heavyweight stocks such as HDFC Bank, Reliance Industries, Bharti Airtel, and Infosys. The Nifty 50 rose by 70 points (0.3%) to close at 24,610, while the Sensex ended the day 260 points higher (0.32%) at 80,998. Broader market indices outperformed the main benchmarks, with the Nifty Midcap 100 and Nifty Smallcap 100 gaining 0.70% and 0.80%, respectively. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index is sustaining above 24,500. Speaking on the outlook of Indian stock market, Bagadia said, ' On breaching this support the market bias may turn weak and the key benchmark index may try to test 24,150 to 24,200 levels. On the upper side, the 50-stock index is facing hurdle at 24,800. 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 shares to buy today — Heritage Foods, Rico Auto Industries, Mawana Sugars, Indo Amines, and Hindware Home Innovation. 1] Heritage Foods: Buy at ₹ 446.1, target ₹ 477, stop loss ₹ 430; 2] Rico Auto Industries: Buy at ₹ 81.91, target ₹ 88, stop loss ₹ 79; 3] Mawana Sugars: Buy at ₹ 105.74, target ₹ 113, stop loss ₹ 102; 4] Indo Amines: Buy at ₹ 158.31, target ₹ 170, stop loss ₹ 152; 5] Hindware Home Innovation: Buy at ₹ 281.1, target ₹ 301, stop loss ₹ 271. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Mint
6 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 4 June 2025
Breakout stocks buy or sell: Indian stock markets closed in the red on Tuesday, as both the Sensex and Nifty 50 extended their losing streak to a third straight session. By the close of trading, the BSE Sensex had dropped 636.24 points, or 0.78%, settling at 80,737.51. Meanwhile, the NSE Nifty 50 slipped 174.10 points, or 0.70%, to end at 24,542.50. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index is sustaining above 24,500. Speaking on the outlook of Indian stock market, Bagadia said, ' On breaching this support the market bias may turn weak and the key benchmark index may try to test 24,150 to 24,200 levels. On the upper side, the 50-stock index is facing hurdle at 24,800. 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 shares to buy today — Deepak Frtlsrs and Ptrchmcls Corp, Authum Investment & Infrastructure, GE Vernova T&D India, Signatureglobal (India), and India Cements. 1] Deepak Frtlsrs and Ptrchmcls Corp: Buy at ₹ 1540.10, target ₹ 1663, stop loss ₹ 1486; 2] Authum Investment & Infrastructure: Buy at ₹ 2473.6, target ₹ 2647, stop loss ₹ 2387; 3] GE Vernova T&D India: Buy at ₹ 2340.10, target ₹ 2504, stop loss ₹ 2258; 4] Signatureglobal (India): Buy at ₹ 1258.7, target ₹ 1360, stop loss ₹ 1214; 5] India Cements: Buy at ₹ 351.7, target ₹ 380, stop loss ₹ 339. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
