Stock Watchlist for 20 May 2025: Sumeet Bagadia Highlights 5 Buy Opportunities

Despite positive global indicators the two major stock indices of India--the Sensex and Nifty 50 ended lower on May 19 after experiencing a second consecutive session of decline.

The Sensex fell in 271 points, settling at 82,059.42 that is 0.33 percent drop. Meanwhile, the Nifty 50 fell by 75 points, ending at 24,944.45 which is the loss of 0.30 percent decline.

The mid- and small-cap sectors performed well, and the BSE Midcap index growing by 0.27 percent while BSE Midcap index growing by 0.27 percent. Meanwhile, the index for small-caps grew by 0.75 percent.

Sumeet Bagadia breakout stocks recommendations

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market is positive as long as it reaches a point where the Nifty 50 Index is higher than 24,800.

In a discussion on the outlook for Indian market for stocks, Bagadia said, " The 50-stock index faces a an obstacle at 25,400, while the important benchmark index has vital support set at 24,500. It is possible to predict that the trend is either bearish or bullish on the break on either side of the band. Therefore, it is important to keep an eye on the ones that look good in the chart of technicals. Breakout stocks could be an excellent option."

Stocks to buy today

Sumeet Bagadia suggests five shares to buy today:

1. BASF India: Buy at Rs4902.90 with a target of Rs5450; stop loss at Rs4665

2. Wheels India: Buy at Rs772.65 with a target of Rs850 Stop loss of Rs735

3. Aarti Drugs: Purchase at Rs480.60 Target Rs530 Stop loss Rs455

4. Inox Wind: Buy it at Rs185.61 with a target of Rs205 and stop loss of at Rs176.

5. KPI Green Energy: Buy at Rs485.70 with a target of Rs540 Stop loss at Rs460.

In the meantime there is uncertainty ahead day of the 3-day Group of Seven meetings of central bank head of Canada later during the day makes the situation "difficult for the Intraday trading," said Maki Sawada an analyst at Nomura.