On May 12, 2025, Indian stock markets experienced a remarkable surge, with both the BSE Sensex and NSE Nifty 50 indices soaring nearly 4%. This marked the most significant single-day increase in four years, fueled by positive geopolitical developments such as the India-Pakistan ceasefire and advancements in the US-China trade negotiations. Investor confidence surged, leading to a robust trading session.
Major Market Highlights
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The BSE Sensex closed at 82,430, up 2,975 points or 3.74%, after reaching an intraday peak of 82,495.97—a mere 4% away from its historic high of 85,978.
- The NSE Nifty 50 also performed exceptionally well, climbing to an intraday high of 24,944.80 before settling at 24,924.70, gaining 916.70 points or 3.82%.
Positive Outlook from Experts
Sumeet Bagadia, Executive Director at Choice Broking, has noted a significant shift in market sentiment, particularly as the Nifty 50 exceeded its previous high of 24,800. According to Bagadia, the index appears poised to reach the 25,000 mark, with potential to advance further to 25,300 if it maintains momentum.
He emphasizes the importance of a stock-specific strategy, advising traders to focus on shares that exhibit strength on technical charts. "With the current market dynamics, identifying breakout stocks can be a fruitful approach for day trading," he said.
Recommended Stocks to Buy
For investors looking to capitalize on this bullish trend, Bagadia has outlined five stocks to consider:
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Caplin Point Laboratories
- Buy Price: ₹1944.40
- Target: ₹2080
- Stop Loss: ₹1876
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Kirloskar Electric Company
- Buy Price: ₹124.33
- Target: ₹133
- Stop Loss: ₹120
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Global Health
- Buy Price: ₹1227.10
- Target: ₹1313
- Stop Loss: ₹1184
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JM Financial
- Buy Price: ₹105.80
- Target: ₹114
- Stop Loss: ₹102
- PNC Infratech
- Buy Price: ₹259
- Target: ₹280
- Stop Loss: ₹249
Conclusion
As the Indian stock market continues to rally, driven by positive global events and expert insights, investors are encouraged to adopt a strategic approach. Keeping an eye on breakout stocks can provide lucrative opportunities, especially in a bustling market environment. For more updates on market trends and stock recommendations, stay tuned to our financial news section!
