https://.com/economy April 4, 2026, 12:29 am hi https://.com/wp-content/themes//images/ https://.com/ Feed provided by <![CDATA[Stocks to Buy Today: 5 Breakout Picks by Sumeet Bagadia After US Fed Decision]]> https://karkexpress.com/economy/stocks-to-buy-today-5-breakout-picks-by-sumeet-bagadia-after-us-fed-decision/ Indian Stock Markets have again shown a trend of increasing for the third consecutive day. Indian Stock Markets were affected by global market trends on March 18. Indian Stock Exchange's BSE Sensex and Nifty 50 have again shown a trend of increasing, despite the tense situation in the Middle East, increasing oil costs, and a weaker rupee. Buying trends for both stock exchanges are high. Technical levels for both stock exchanges were also positive. Market expert Sumeet Bagadia has shown the support and resistance levels for both stock exchanges. Market expert Sumeet Bagadia has suggested five stocks for buying on March 19.

Sensex and Nifty 50 Extend Rally

Benchmark indices have closed in the green zone. The Sensex has closed at 76,704.13 after a gain of 633 points, or 0.83 percent. On the other hand, the Nifty 50 has closed at 23,777.80 after a gain of 197 points, or 0.83 percent. Despite the presence of headwinds, the markets have shown a reflection of the confidence of the investors, taking into account the rise in crude oil prices and the weakening rupee. The buying interest in the markets has helped the markets sustain the uptrend for the third consecutive day.

Nifty 50: Key Levels and Technical Outlook

Nifty 50 had a positive start to the day, opening at 23,632.90, and the trend continued during the day. The lowest and highest point of the day were recorded at 23,618.45 and 23,862.25, respectively, and finally closed the day at 23,777.80, up by 196.65. Sumeet Bagadia has mentioned that the 23,600-23,650 levels are likely to act as a support zone. The 23,900-23,950 levels are likely to act as a resistance zone. Further, the RSI was recorded at 37.04 levels. The RSI has started moving up from the oversold zone but is still trading below the mid-line of 50 levels.

Bank Nifty: Momentum Builds but Caution Remains

Similarly, the trend for the Bank Nifty index was also the same. The opening for the day was at 54,927.05. There was a constant increase in buying. The minimum for the day was noted at 54,689.10, and the maximum for the day was noted at 55,554.15. The day closed at 55,326.05, an increase of 450.05 points or 0.82%. According to Bagadia, "An immediate support for Bank Nifty will be in the range of 55,000-55,100. On the other hand, resistance for Bank Nifty is likely to come in the range of 55,600-55,700." RSI for Bank Nifty was recorded at 35.11. It is increasing from the oversold area. However, it is still below 50.

Stocks to Buy Today: Sumeet Bagadia’s Top Picks

Sumeet Bagadia recommended five stocks for March 19 based on strong technical setups and improving momentum.

GE Vernova T&D India: Strong Uptrend Continuation

Bagadia advised purchasing GE Vernova T&D India shares at ₹3,808 with a target price of ₹4,050 and a stop loss at ₹3,650. The stock is seen forming a continuation chart with a strong uptrend. The stock has fallen back to the 50 EMA and formed a bullish reversal chart. This indicates fresh buying interest at lower levels. The stock is also seen trading above the 20 EMA. The stock's 20, 50, 100, and 200 EMAs are also aligned, which is a positive sign. Also, the stock has made a higher low at Rs 3,650, and hence, the stock may move to Rs 4,050.

Centum Electronics: Breakout with Volume Support

Another stock which can be considered a top pick is Centum Electronics. According to the recommendation of Bagadia, the stock can be bought at a price of ₹2,835 and can be sold at ₹3,044 with a stop loss of ₹2,683. The stock has already shown a breakout after a consolidation period. The presence of strong bullish candles indicates a change in the stock's movement. The stock is trading above all its key EMAs. This is a clear sign of strength. The stock has shown a breakout with a rise in volume. This is a clear sign of institutional buying. The support for the stock is ₹2,683. As long as the stock trades above this level, it can move higher to ₹3,044.

Adani Energy Solutions: Recovery with Breakout Potential

Bagadia recommended purchasing Adani Energy Solutions at Rs 1,036, targeting Rs 1,102, and placing a stop loss at Rs 1,000. The stock is seen forming a base after a sharp correction. The stock has moved past its 20 and 50-day EMAs, which is positive from a momentum perspective. It is also holding well above its 100 EMA, which is another positive sign for the stock. Also, the stock is seen testing resistance at Rs 1,040. If it manages to break past this barrier, we could see more upside for the stock. The support at Rs 1,000 acts as strong psychological support for the stock. The stock could move to Rs 1,102, which is also in line with the Fibonacci extension.

Bharat Forge: Pullback Offers Buying Opportunity

Bagadia suggested a buy for Bharat Forge Ltd. at ₹1,804 with a target of ₹1,935 and a stop loss of ₹1,760. The stock is seeing a pullback rally in a bigger uptrend. It is finding support at the 50 EMA and is attempting a bounce. Overall, the stock looks bullish with higher highs and higher lows. ₹1,760 is a strong support zone for the stock. It may move to the previous highs if it holds above ₹1,760 and may move to ₹1,935.

Cummins India: Signs of Trend Resumption

Another stock on the list of Bagadia is Cummins India. He recommended buying the stock at ₹4,717 and a target of ₹5,000 with a stop loss of ₹4,565. The stock is seen to be rising back to its uptrend with a controlled correction. It found support at the 50 EMA and is trading above the 20 EMA. The current position of the EMAs is positive for the stock. This is a good sign. The RSI has come back to normal from the overbought position. The support level of ₹4,565 is a strong support for the stock. It can rise to ₹5,000 if it trades above this level.]]> March 19, 2026, 12:33 pm https://karkexpress.com/economy/stocks-to-buy-today-5-breakout-picks-by-sumeet-bagadia-after-us-fed-decision/ hi <![CDATA[How The US–Israel–Iran Conflict Could Impact India’s Economy And 15 Key Sectors]]> https://karkexpress.com/economy/how-the-us-israel-iran-conflict-could-impact-indias-economy-and-15-key-sectors/ The rising conflict between the United States, Israel, and Iran in West Asia may set off a variety of economic consequences for India. These consequences may affect India’s economy in various ways, including inflation, currency stability, and various sectors of India’s economy. As per investment banker Sarthak Ahuja, at least 15 sectors and business segments of India’s economy may face a direct or indirect impact of this conflict. India’s economy may face a major impact due to rising oil prices, as India imports almost 90% of its crude oil. However, that’s not all. Shipping, aviation, remittances, agricultural products, and various manufacturing industries may also face a direct or indirect impact. Export-oriented industries like basmati rice and gems and jewelry may also face operational issues. Therefore, the impact of this conflict on India’s economy depends upon the duration of this conflict.

Rising Crude Oil Prices and Inflation Risk

First, crude oil prices often rise during geopolitical tensions in the Gulf region. Any disruption to energy supply routes immediately affects global oil markets. For India, the impact could be significant. India imports nearly 90 per cent of its crude oil requirement. Therefore, even a moderate rise in oil prices increases the country’s import bill. Higher oil prices quickly push inflation upward. Fuel costs influence transport, logistics and manufacturing expenses. As fuel prices increase, so do transportation costs. As a result, prices of goods and services also increase. There may also be implications for public finances. Subsidies and import costs of energy may increase.

Higher Shipping and Insurance Costs

Second, the conflict may lead to higher freight and insurance costs for global shipping and one of the most sensitive global trade routes includes the strategic Strait of Hormuz. An increase in geopolitical risks in this part of the world means that insurance costs for cargo vessels are higher. As a result, Indian exporters and importers may face lower profit margins. Exporters already operate in a highly competitive global market. Therefore, rising freight costs may weaken their pricing advantage.

Pressure On the Indian Rupee

Third, the conflict could weaken India’s currency. According to Sarthak Ahuja, the Indian rupee may depreciate against the US dollar if oil prices remain high. A higher oil import bill increases demand for dollars. Consequently, the rupee may lose value. A weaker rupee then makes imports more expensive. This creates another inflationary pressure. India depends heavily on imported energy, electronics and industrial inputs. Therefore, currency weakness can quickly transmit price shocks across the economy.

Aviation Disruptions and Travel Slowdown

Fourth, there is a possibility of disruptions in the aviation sector. This is because airlines have already experienced flight cancellations and route diversions owing to airspace restrictions in West Asia. Another major concern is the cost of fuel. Aviation turbine fuel is influenced by global crude oil prices. An increase in the price of fuel will lead to an increase in the cost of flying. If the disruption in travel is sustained, there is a possibility that international travel will be affected. This will also affect business activities.

Temporary Rise in NRI Remittances

It’s noteworthy that geopolitical uncertainty can lead to a temporary increase in remittances sent by non-resident Indians. During these periods, NRIs may send additional remittances as a precautionary measure. Remittances can add to India’s foreign exchange reserves. Nevertheless, as Sarthak Ahuja points out, these remittances may not be fully utilized by the public. They may be saved instead. It’s possible that remittances may not positively impact consumer spending.

Basmati Rice Exports Face Disruption

Besides the macroeconomic effects, there are a few specific industries which may be directly impacted. The export market of basmati rice is one such industry. Iran is the largest importer of Indian basmati rice. Iraq ranks second in the import list of Indian basmati rice. Additionally, the Gulf countries collectively import more than half of India’s premium quality rice. Because of these disruptions, more than 200,000 tones of basmati rice shipments are currently stuck in transit. If this situation persists, exporters may face difficulties in meeting their existing commitments. This may lead to excess supply in the domestic market. As a result, prices may fall. Farmers may face financial difficulties.

Gems And Jewelry Supply Chain Risks

The gems and jewelry industry may also face challenges. A large share of India’s gold and rough diamond imports passes through the trading hub of Dubai. Disruption of supply along this route may slow down manufacturing activity. The diamond processing center of Surat is likely to be affected. Less gold supply may also lead to a rise in domestic gold rates.

Manufacturing Sectors Face Input Cost Pressures

Several manufacturing industries may also see rising input costs. Textile and garment manufacturers depend heavily on polyester yarn. If the prices of petrochemicals rise because of increased prices of oil, it is also possible that the prices of yarns would rise. This would affect the profit margins of exporters. In the same way, industries like paint, tires, and chemical products also require petrochemicals as inputs. As the price of crude oil goes up, the prices of these products also rise. Manufacturers may eventually pass these costs to consumers. This would further contribute to inflation.

Agriculture And Fertilizer Supply Concerns

Agriculture may also experience indirect effects. Nearly 70 per cent of India’s Sulphur fertilizer imports come from Gulf countries. If supply disruptions occur, fertilizer prices could rise sharply. The government may need to increase subsidies to protect farmers. However, higher subsidies may divert fiscal resources. Funds that could have supported infrastructure development may instead go toward agricultural support.

Travel And Tourism Adjustments

International travel demand may also soften if tensions escalate further. Tourists and business travelers may avoid routes passing through conflict-prone regions. Travel operators may therefore shift focus toward domestic tourism. Indian destinations may see higher demand as travelers avoid international routes.

India May Turn to Alternative Energy Sources

In order to reduce supply risk, India should consider increasing imports from Russia. The country already uses discounted crude from Russia to reduce energy costs. This will help the country reduce the current pressure. Nevertheless, the volatility of the global oil market will still affect the pricing. The long-term effects of the conflict will determine the level of the economic impacts. If the conflict subsides, the impacts will be minimal. Nevertheless, a long conflict will affect the pricing, supply, and operations of various sectors of the economy.]]> March 7, 2026, 12:43 pm https://karkexpress.com/economy/how-the-us-israel-iran-conflict-could-impact-indias-economy-and-15-key-sectors/ hi