🕗 Last Update: 18 Septmeber 2026, 7.00 AM
The Indian stock market closed moderately higher on Thursday, September 17, as investors largely overlooked the US Federal Reserve’s interest-rate hike, which appeared to be already priced into market expectations.
The Nifty 50 advanced 0.23% to 23,270.60, while the Sensex gained 0.10% to close at 74,413. Broader markets outperformed the benchmarks, with the Nifty Midcap 100 rising 1% and the Nifty Smallcap 100 gaining 0.76%.
He is Executive Director at Choice Broking, offering daily market outlooks and stock recommendations.
Breakout stocks are those that move above a defined resistance level or price pattern on strong volumes, indicating potential for a sharp upward trend.
Experts suggest a stock-specific strategy — look for technically strong charts, confirm volume participation, and keep strict stop-loss levels.
Breakouts can sometimes fail if broader market support is missing. Investors must monitor support levels and global cues before committing higher capital.
Sumeet Bagadia recommended 5 stocks to buy right now-
Aditya Birla Capital, Diffusion Engineers, I G Petrochemicals, Mahindra and Mahindra Financial Services, and Gulf Oil Lubricants India.
Nifty has a Sideways-to-Bullish bias with support at 24,500–24,555 and resistance at 24,820–24,900.
Bank Nifty remains Sideways-to-Bullish with support at 57,850–58,000 and resistance at 58,666–58,800.