Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 11 July 2025
The Sensex declined by 346 points, or 0.41%, to settle at 83,190.28, while the Nifty 50 slipped 121 points, or 0.47%, closing at 25,355.25. The BSE Midcap index also closed in the red, dropping 0.28%. In contrast, the BSE Smallcap index defied the overall negative trend, posting a modest gain of 0.12%.
Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index is above 25,300 to 25,250.
Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,550. On breaking above this resistance we can expect the 50-stock index to touch 25,700 and 26,200 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: Diamond Power Infrastructure, SPML Infra, Engineers India, Religare Enterprises, and PCBL Chemical.
1] Diamond Power Infrastructure: Buy at ₹ 161.98, target ₹ 400, stop loss ₹ 360;
2] SPML Infra: Buy at ₹ 273.80, target ₹ 292, stop loss ₹ 264;
3] Engineers India: Buy at ₹ 250, target ₹ 270, stop loss ₹ 240;
4] Religare Enterprises: Buy at ₹ 251, target ₹ 268, stop loss ₹ 242;
5] PCBL Chemical: Buy at ₹ 434.4, target ₹ 470, stop loss ₹ 419.
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.
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