Buy or Sell: Sumeet Bagadia Recommends Three Stocks to Buy on Monday — 30 March 2026

Why It Matters

Targeted buys in large‑cap Indian stocks offer U.S. investors exposure to undervalued assets amid a bearish market, potentially enhancing portfolio diversification and returns.

Key Takeaways

• Recommends buying ONGC, TCS, Bharti Airtel
• Market shows weak sentiment, continued selling
• Profit booking targets set for each stock
• Expect short‑term volatility, long‑term upside

Pulse Analysis

The Indian equity market entered late March with a pronounced risk‑off tone, as investors reacted to softer domestic growth data and global rate‑rise anxieties. In this backdrop, Choice Broking’s senior strategist Sumeet Bagadia identified three heavyweight names that could benefit from a contrarian swing. ONGC, the state‑controlled oil giant, trades at a discount to its peers, buoyed by rising crude prices and a government‑backed dividend policy. TCS, a global IT services leader, continues to expand its cloud and AI offerings, delivering resilient earnings despite macro uncertainty. Bharti Airtel, the telecom behemoth, leverages 5G rollout and cost‑optimization initiatives to improve cash flow.

Fundamentally, each stock presents a distinct catalyst. ONGC’s balance sheet strength and upcoming capital expenditures position it for earnings acceleration once oil prices stabilize above $80 per barrel. TCS benefits from a diversified client base and strong order backlog, translating into steady revenue growth and high return on capital. Bharti Airtel’s aggressive spectrum acquisition strategy, coupled with a focus on digital services, is expected to drive subscriber growth and higher average revenue per user. Bagadia’s profit‑booking ranges—typically 8‑12% for ONGC, 10‑15% for TCS, and 7‑10% for Airtel—reflect a balanced approach to capture upside while managing downside risk.

For investors, the key takeaway is to view these recommendations as tactical entries rather than long‑term holds. The prevailing market weakness suggests that price corrections could create attractive entry levels, but volatility may persist as macro data releases continue. Position sizing, stop‑loss discipline, and adherence to the outlined profit targets will be essential to navigate short‑term swings. Overall, the trio offers a blend of sector exposure—energy, technology, and telecom—that can enhance diversification in a portfolio seeking exposure to India’s growth story while mitigating the current sentiment‑driven downside.