Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 9 July 2026

Indian markets fell sharply on July 9, 2026, with the Nifty 50 dropping 516.65 points (-2.12%) to close at 23,882.05 and the BSE Sensex declining 1,658 points to 76,522, driven by US-Iran tensions and a spike in crude oil prices. Bank Nifty also corrected 2.51% to 56,742.60, breaking below its 20-day EMA. Technical analyst Sumeet Bagadia of Choice Broking recommended five breakout stocks amid the bearish setup, noting India VIX surged 26% to 14.68 and Nifty faces immediate support at 23,600-23,650 with resistance at 24,000-24,050.