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Markets

Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 19 January 2026

Buy or sell stocks: Benchmark indices Sensex and Nifty 50 ended two-session losing streak on Friday, January 16, led by gains in IT majors such as Infosys, TCS, and Tech Mahindra. The Sensex advanced 188 points, or 0.23%, to close at 83,570.35, while the Nifty 50 finished 29 points, or 0.11%, higher at 25,694.35. The rise in the benchmark indices was mainly driven by heavyweight IT and banking stocks.

Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 19 January 2026

Credit: Livemint

Key Highlights

  • The top five gainers in the Nifty 50 were IT stocks.
  • Infosys upgraded its revenue growth outlook, which lifted sentiment across the sector.
  • Banking stocks also advanced on expectations of strong Q3 earnings.
  • According to Sumeet Bagadia, Executive Director at Choice Broking, the Nifty 50 traded in a range-bound to mildly positive bias, reflecting continued caution among participants amid the absence of strong global or domestic triggers, on Friday.
  • The index witnessed intraday volatility.
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Sources

  1. Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 19 January 2026

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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