MediumPositive
Announced Mon, 15 Jun · 06:44 IST

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today after US-Iran peace deal

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian benchmarks snapped a two-week losing streak, with Nifty 50 rising 1.10% to 23,622.90 and Sensex climbing 1.73% to 75,527.95 on the week, supported by easing global cues following a US-Iran peace deal and RBI initiatives to attract foreign currency inflows. Sumeet Bagadia of Choice Broking noted that Nifty reclaimed its 20-day EMA with RSI at 51.25, while Bank Nifty surged 1,638 points to 56,814 with RSI at 65.37, indicating bullish momentum. He recommended buying five stocks for Monday: Kirloskar Oil Engines (target ₹2,070), FSN E-Commerce Ventures/Nykaa, Greaves Cotton, Brigade Enterprises, and Raymond.