Archive · 31 Jul 2026
Nifty 50 Gains, Bagadia Recommends Five Breakout Stocks
The Indian stock market had a good day.
The Nifty 50 index went up a little, and the Sensex also rose.
A market expert named Sumeet Bagadia said that the market looks strong and that certain stocks might do well.
He gave five stocks to buy, with suggested prices to buy and sell.
He also talked about how the market might keep going up if it stays above a certain level.
Nifty 50 closed at 24,317, up 0.28%, after extending gains for a second straight session.
Sensex rose 274 points to 77,928, supported by heavyweights like Reliance, HDFC Bank, and Mahindra & Mahindra.
US Federal Reserve left rates unchanged, hinting at possible cuts from September, adding pressure to markets.
Sumeet Bagadia highlighted bullish signals: RSI 57.66, India VIX 12.15, PCR 1.14, and support above 24,150–24,200.
Bagadia recommends buying Avalon Technologies, Karnataka Bank, Tamilnadu Petroproducts, Atul Auto, and Ador Welding with specified targets and stop losses.
- Who
- Sumeet Bagadia, Executive Director at Choice Broking
- What
- Market analysis and stock recommendations
- When
- July 30-31, 2026
- Where
- Indian stock market (Nifty 50, Sensex)
- Why
- To guide investors on bullish opportunities and market outlook
- Nifty 50 closing value
- 24,317.15
- Sensex closing value
- 77,928
- US Fed rate decision
- unchanged
- Bagadia's RSI
- 57.66
- Bagadia's recommended stocks
- Avalon Technologies, Karnataka Bank, Tamilnadu Petroproducts, Atul Auto, Ador Welding