Sumeet Bagadia recommends five stocks for investment
On March 25, 2025, Sumeet Bagadia, Executive Director at Choice Broking, suggested five stocks for investors to buy. These stocks are Mangalore Refinery and Petrochemicals, BLS International Services, Chalet Hotels, Himadri Speciality Chemical, and Rashtriya Chemicals and Fertilizers. The Indian stock market showed significant growth on Monday, with both the Sensex and Nifty 50 rising by over 1%. This follows a strong 4% increase the previous week. The Sensex soared by 1,201 points, reaching 78,107, which is the highest since early February. Similarly, the Nifty 50 resumed its ascent, surpassing 23,700 during the day's trading. Bagadia believes that the market is leaning strongly towards bullish trends. He stated that the Nifty 50 is likely to reach around 24,200 in the near future. He advised investors to focus on strong stocks for intraday trading rather than taking a bearish approach. Here are Bagadia's recommendations for stocks to buy today: 1. Mangalore Refinery and Petrochemicals: Buy at ₹143.24, target ₹154, stop loss ₹138. 2. BLS International Services: Buy at ₹422.25, target ₹452, stop loss ₹407. 3. Chalet Hotels: Buy at ₹864.20, target ₹925, stop loss ₹833. 4. Himadri Speciality Chemical: Buy at ₹458.05, target ₹490, stop loss ₹442. 5. Rashtriya Chemicals and Fertilizers: Buy at ₹132.15, target ₹141, stop loss ₹128. Investors are reminded to consult with certified experts before making any investment decisions, as market conditions can change quickly.