Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 6 June 2025

Breakout stocks to buy or sell: J K Cement, JM Financial, Welspun Corp, Sobha, and JSW Infrastructure are the five stocks that Sumeet Bagadia suggests purchasing today.

By Soumya Ranjan

Buy or sell breakout stocks: On Thursday, June 5, there was a lot of buying activity on the Indian stock market, which caused the benchmark indices, the Sensex and Nifty 50, to rise by more than 1% during intraday trading.

Both indices, however, gave up some of their gains by the end of the day, finishing the day up about 0.5 percent, which was their second straight session of gains.

The Sensex jumped over 900 points to reach an intraday high of 81,911.13, after opening at 81,196.08, up from its previous close of 80,998.25. In a similar vein, the Nifty 50 started the day at 24,691.20, up more than 1% from its previous close of 24,620.20, and reached an intraday high of 24,899.85.

The breakout stocks that Sumeet Bagadia recommends

According to Choice Broking Executive Director Sumeet Bagadia, the Nifty 50 index is holding steady above 24,500, indicating that sentiment in the Indian stock market is favorable.

Bagadia stated, “The benchmark index is facing hurdle at 25,000,” in reference to the Indian stock market’s outlook. If the 50-stock index breaks above 25,000, it could soon reach 25,400. Thus, it is advisable to stick to a stock-specific strategy and focus on stocks that appear to be doing well on the technical chart. It can be beneficial to look at breakout stocks.

Stocks to purchase today

Sumeet Bagadia suggests purchasing five shares today: JSW Infrastructure, J K Cement, JM Financial, Welspun Corp, and Sobha.

1] J K Cement: Buy at ₹5715, target ₹6300, stop loss ₹5440;
2] JM Financial: Buy at ₹141.62, target ₹158, stop loss ₹134;
3] Welspun Corp: Buy at ₹962.35, target ₹1070, stop loss ₹911;
4] Sobha: Buy at ₹1602.30, target ₹1775, stop loss ₹1520;
5] JSW Infrastructure: Buy at ₹307.10, target ₹338, stop loss ₹292.

Disclaimer: Times of Dalal Street does not endorse the opinions or suggestions expressed in this analysis; rather, it is the opinion of individual analysts or broking firms. Since market conditions can fluctuate quickly and individual circumstances can differ, we strongly advise investors to seek advice from certified experts before making any investment decisions.