2 weeks ago
Sensex, Nifty end lower; Bagadia recommends five breakout stocks
On Monday, the Indian stock market had a slightly down day.
The Sensex and Nifty 50, which are like scoreboards for big company shares, ended a little lower.
Investors were being careful because of world events and company earnings.
Smaller companies did a bit better than the big ones.
A stock expert named Sumeet Bagadia shared five companies he thinks are good to buy.
He said these stocks are showing strong patterns, like breaking through important price levels.
He gave a buy price, a target price, and a stop-loss price for each stock.
A stop-loss is a safety price to sell if the stock falls too much.
His picks were Concord Biotech, Kfin Technologies, KEI Industries, Oberoi Realty, and Finolex Cables.
Remember, stock tips are just opinions, and prices can go up or down.
The Sensex fell 281 points (0.36%) to close at 77,728.16, while the Nifty 50 ended at 24,287.65, down 78 points (0.32%) on August 17.
Mid- and small-cap stocks outperformed, with the Nifty Midcap 100 gaining 0.05% and the Nifty Smallcap 100 rising 0.36%.
Nifty Realty and Metal outperformed, while IT and FMCG were the key laggards.
Sumeet Bagadia of Choice Broking recommended buying Concord Biotech, Kfin Technologies, KEI Industries, Oberoi Realty, and Finolex Cables on August 18.
Bank Nifty settled nearly unchanged at 57,497.80 after swinging between an intraday low of 57,119.60 and a high of 57,757.25.
- Who
- Sumeet Bagadia, Executive Director at Choice Broking, who recommended five stocks; Indian stock market investors.
- What
- The Sensex and Nifty 50 ended lower while Bagadia recommended five breakout stocks to buy.
- Where
- Indian stock markets (BSE Sensex and NSE Nifty 50).
- When
- Monday, August 17, 2026, for the market close; recommendations are for Tuesday, August 18, 2026.
- Why
- Investors remained cautious amid better-than-expected Q1FY27 earnings and ongoing geopolitical uncertainties.
Key facts
- Sensex close
- 77,728.16 (down 281 points, 0.36%)
- Nifty 50 close
- 24,287.65 (down 78 points, 0.32%)
- Bank Nifty close
- 57,497.80 (nearly unchanged)
- India VIX
- 11.3250
- Nifty PCR
- 1.00
- Recommended stocks
- Concord Biotech, Kfin Technologies, KEI Industries, Oberoi Realty, Finolex Cables
- Analyst
- Sumeet Bagadia, Executive Director, Choice Broking
- Market date
- August 17-18, 2026
Quotes
Sumeet Bagadia
Executive Director at Choice Broking
“Sumeet Bagadia recommends five breakout shares to buy on Tuesday, 18 August: Concord Biotech, Kfin Technologies, KEI Industries, Oberoi Realty, and Finolex Cables.”
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