Breakout shares to buy or sell: Sumeet Bagadia recommends five shares to buy today - May 23, 2025 | Einsmark news
Breaking supplies buy or sell: The Indian stock market closed with sharp declines on Thursday, May 22, as escalating geopolitical tensions, concerns about US debt and high valuations in domestic equities have asked investors to withdraw from riskier assets. The Sensex fell by 645 points, or 0.79%, ending 80,951.99, while the Nifty 50 204 points, or 0.82%, dropped to sit down at 24,609.70. The BSE Midcap index fell 0.33%, while the BSE SmallCap index achieved a modest profit of 0.17%. Sumeet Bagadia’s recommendations for Breakout shares Sumeet Bagadia, executive director at Choice Broking, believe that the Indian stock market sentiment is positive, as the Nifty 50 index is still above the important support placed at 24,500. When he speaks to the prospects of the Indian stock market, Bagadia said: “If they break below 24,500 levels, the benchmark index may try to test 24,000 levels. So one has to maintain stock-specific approach and look at the shares that look strong on the technical chart. This can be a good option.” 1]Shilpa Medicare: Buy at £ 735.60, target £ 787, stop loss £ 709; 2]Surya Roshni: Buy at £ 311.20, target £ 333, stop loss £ 300; 3]Finolex Industries: Buy at £ 195.74, target £ 210, stop loss £ 188; 4]Clean Science and Technology: Buy at £ 1328.90, target £ 1422, stop loss £ 1282; 5]Mahindra Lifespace Developers: Buy at £ 366.05, target £ 392, stop loss £ 353. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or brokerage companies. We strongly advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and individual circumstances can differ.