Top Stock Picks for May 2026: Five Shares Recommended by Sumeet Bagadia
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 13 May 2026
Mint
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On May 12, 2026, the BSE Sensex and Nifty 50 indices faced significant declines, with the Sensex dropping 1,456 points to close at 74,559.24. Amid this market turmoil, Sumeet Bagadia, Executive Director at Choice Broking, recommends five stocks to buy, including R R Kabel and V2 Retail, each showing strong bullish momentum.
- 01BSE Sensex fell 1,456 points to 74,559.24 on May 12, 2026.
- 02Nifty 50 also declined by 436 points to 23,379.55.
- 03Sumeet Bagadia recommends five stocks: R R Kabel, V2 Retail, Bajaj Consumer Care, Onesource Specialty Pharma, and Bliss GVS Pharma.
- 04R R Kabel is advised to buy at ₹1,938 with a target of ₹2,070.
- 05V2 Retail is recommended at ₹220 with a target of ₹235.
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On May 12, 2026, the Indian stock market continued its downward trend, with the BSE Sensex dropping 1,456 points (1.92%) to close at 74,559.24, and the Nifty 50 falling 436 points (1.83%) to 23,379.55. The decline was attributed to mixed signals from global markets and persistent selling pressure. Sumeet Bagadia, Executive Director at Choice Broking, analyzed the market's technical indicators, noting immediate support levels for the Nifty 50 between 23,150 and 23,200, and resistance around 23,550 to 23,600. He recommended caution among investors, as further declines could occur if key support levels are breached. Amidst this market volatility, Bagadia identified five stocks as strong buy candidates: R R Kabel, V2 Retail, Bajaj Consumer Care, Onesource Specialty Pharma, and Bliss GVS Pharma. R R Kabel is trading at ₹1,938 with a target of ₹2,070, while V2 Retail is recommended at ₹220 with a target of ₹235. Each stock shows signs of bullish momentum, making them potential opportunities for investors looking to navigate the current market conditions.
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Investors may face increased volatility and potential losses in their portfolios due to the ongoing market decline. However, the recommended stocks could provide opportunities for gains amidst the downturn.
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