Top Stock Picks Amid Market Volatility: Sumeet Bagadia's Recommendations
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 10 April 2026
Mint
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On April 9, 2026, the Indian stock market fell by 1.3% amid geopolitical tensions affecting crude oil prices. Sumeet Bagadia from Choice Broking recommends five stocks to buy, including GE Vernova T&D India and Waaree Energies, highlighting their bullish momentum and potential upside targets.
- 01The Indian stock market saw a decline of 1.3% on April 9, 2026.
- 02Sumeet Bagadia recommends five stocks to buy, including GE Vernova T&D India and Isgec Heavy Engineering.
- 03Nifty 50 faced resistance at the 23,920–24,000 range and support at 23,500–23,580.
- 04The Bank Nifty index dropped by approximately 1.58%, indicating bearish sentiment.
- 05Bagadia suggests caution in trading due to the current market volatility.
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On April 9, 2026, the Indian stock market closed down by 1.3%, with the Sensex dropping over 1,000 points to settle at 76,557 and the Nifty 50 declining by 222.25 points to 23,775.10. This downturn is attributed to ongoing geopolitical tensions and rising crude oil prices. Sumeet Bagadia, Executive Director at Choice Broking, noted that the Nifty 50 is facing resistance in the 23,920–24,000 zone and has strong support between 23,500–23,580. The Bank Nifty also experienced a significant decline, closing at 54,821.70, a drop of about 882.20 points. Bagadia recommends five stocks for investors: GE Vernova T&D India, Isgec Heavy Engineering, Waaree Energies, Senores Pharmaceuticals, and Power Finance Corporation, highlighting their bullish trends and potential upside targets ranging from ₹4200 to ₹460. He advises traders to remain cautious amid the current market conditions and to monitor key support and resistance levels closely.
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The market's decline may affect investor confidence and could lead to cautious trading behavior among retail investors. Those holding shares in the recommended stocks may see potential gains if the market stabilizes.
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