On January 9, 2026, financial expert Sumeet Bagadia, Executive Director at Choice Broking, provided his recommendations for five breakout stocks to consider buying. The shares he suggested were INOX India, Ramco Cements Limited, Netweb Technologies India, Sobha, and Onesource Specialty Pharma. These recommendations were published by Livemint.com, a credible Indian financial news outlet known for its business and market coverage. The broader Indian stock market experienced a cautious trading session on January 9, 2026. Both benchmark indices, the Sensex and Nifty 50, opened lower and continued to drift downwards, extending a losing streak from previous sessions. The Sensex had notably declined by 780 points on January 8, 2026, marking its steepest single-day percentage decline in over four months. The Nifty 50 also slipped below the 25,900 mark. Several factors contributed to the subdued market sentiment. Key among them were renewed concerns over potential US tariff hikes, particularly a proposed bill allowing for tariffs as high as 500% on countries importing Russian crude, which directly impacts India. Investors were also closely watching a US Supreme Court ruling on the legality of President Trump's tariffs, expected on the same day. Furthermore, persistent foreign fund outflows continued to weigh heavily on the markets, with Foreign Portfolio Investors (FPIs) being net sellers in January 2026. The rupee also depreciated against the US dollar amid these FII outflows and rising global crude oil prices. This confluence of global and domestic pressures has led to a cautious near-term outlook for the Indian equity markets.