Breakout stocks to buy or sell: Sumeet Bagadia recommends five stocks to buy on Diwali 2025

Breakout stocks to buy or sell on Diwali 2025: The Indian stock market continued the positive trend for the third consecutive session on Friday. The Bank Nifty index climbed to a new lifetime high of 57,830.20. The Nifty 50 index ended 124 points higher at 25,709, while the BSE Sensex ended 484 points higher at 83,952. Such a positive trend in Dalal Street ahead of Diwali 2025 has boosted the morale of bulls. Among sectors, the Capital Market and Reality indices fared better last week, with Capital Market up 5% and Reality up 4%, while Media and IT indices lost the most. Media fell by 2.40% and IT by 1.80%. Stock market today Sumeet Bagadia, Executive Director at Choice Broking, believes Indian stock market sentiment turned positive as the Nifty 50 index broke above the 25,500 resistance and extended its gains further. The 50-share index will now touch 26,000 and 26,300 in the near term. One should maintain a stock specific approach and look at those stocks which look strong on the technical chart. Commenting on the Indian stock market outlook today, Sumeet Bagadia said, “The Indian stock market mood turned positive as the Nifty 50 index definitely broke above the 25,500 barrier. The 50-stock index extended its gains further and closed above 25,700, indicating that the key benchmark00 is the index, and2 26,300 levels, respectively. So, one should look at those stocks that are strong on the technical chart pattern.” Sumeet Bagadia’s breakout stocks to buy or sell As for stocks to buy today, Sumeet Bagadia has recommended five breakout stocks to buy-or-sell on Diwali 2025: Adani Power, SBFC, Radico Khaitan, Bharti Hexacom and Greenpanel Industries. 1]Adani Power: Buy at ₹166, target ₹177, stop loss ₹160; 2]SBFC: Buy at ₹112.80, target ₹121, stop loss ₹109; 3]Radico Khaitan: Buy at ₹3108, target ₹3333, stop loss ₹3000; 4]Bharti Hexacom: Buy at ₹1816, target ₹1950, stop loss ₹1750; and 5]Greenpanel Industries: Buy at ₹310, target ₹333, stop loss ₹299. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage firms, not Mint. We advise investors to check with certified experts before making any investment decisions.