Break shares to buy or sell: The Indian stock market closed with a solid profits on Thursday, October 9, supported by broad buying in sectors before the kick-off in September quarter. This reported its heavyweight Tata Consultancy Services (TCS) on Thursday its earnings in the second quarter. The Sensex rose by 398 points, or 0.49 percent, to finish at 82,172,10, while the Nifty 50 index closed 136 points, or 0.54 percent, at 25,181,80. The BSE Midcap index contracted 0.75 percent, and the smallcap index ended 0.18 percent higher. Markets are currently centered on the Q2 earnings, which are expected to be relatively subdued. However, analysts expect strong earnings growth in the second half of the financial year, which may place the market to fresh highlights. Sumeet Bagadia’s recommendations for Breakout shares Sumeet Bagadia, executive director at Choice Broking, believe that the optimistic view of the Indian stock market is upheld, as the Nifty 50 index has more than 25,000 levels, despite finding resistance to 25.200 levels. When we talk about the prospects of the Indian stock market, Bagadia said: “If we break above this obstacle, we can expect strong buying from Bull’s and the most important benchmark index soon to touch 25,500 and 25,800 levels.” Stocks to buy today Sumeet Bagadia recommends five outbreak shares to buy today: Dr Agarwal’s healthcare, precision wires India, Blackbuck, Subros, Hi-Tech Gears. 1]Dr Agarwal’s Health Care: Buy at £ 506, target £ 545, stop loss £ 490; 2]Precision Wires India: Buy at £ 213, target £ 230, stop loss £ 206; 3]Subros: Buy at £ 1164, target £ 1250, stop loss £ 1120; 4]Blackbuck: Buy at £ 679, target £ 730, stop loss £ 655; 5]Hi-Tech gears: Buy at £ 814, target £ 875, stop loss £ 785. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.
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