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Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 21 August 2026

V
Vaamanaa Sethi
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 21 August 2026
AI Summary

Indian stock market indices Sensex and Nifty 50 saw gains following positive global cues, though market conviction remains cautious. Analyst Sumeet Bagadia provided specific stock recommendations, including a buy rating for Innova Captab.

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Provides actionable financial advice and market analysis for investors navigating current volatility in the Indian stock market.

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Buy or sell stocks: Stock market benchmarks Sensex and Nifty 50 posted strong gains on Thursday, August 20, supported by largely positive global cues.The 30-share Sensex surged 628 points, or 0.82%, to close at 77,537.72, while the Nifty 50 advanced 154 points, or 0.64%, to settle at 24,231.85. The uptrend was broad-based, with the Nifty Midcap 150 gaining 0.36% and the Nifty Smallcap 250 rising 0.58%.Stock market todayNifty 50Nifty 50 gained 153.55 points (+0.64%) to settle at 24,231.85 after a positive opening and a steady recovery during the session. However, the Doji-like formation on the daily chart suggests that conviction remains limited despite the rebound. RSI at 48.33 has improved from lower levels but continues to remain below its average of 55.27, indicating that momentum is yet to turn decisively bullish.

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