If you have ever watched a business news channel in India while the markets are open, chances are you have seen Sumeet Bagadia analyzing charts and levels with the precision of someone who has spent more than 15 years studying markets. 

Executive Director and Head of Technical Research at Choice Broking, Bagadia is one of the most recognizable faces in retail stock market analysis in the country. His opinion is often sought on television channels such as CNBC Awaaz, ET Now, Zee Business, and Bloomberg Quint.

In this article, you can find detailed information about the net worth of Sumeet Bagadia, his biography, career, family & market success

Quick Profile Overview

Detail	Information
Full Name	Sumeet Bagadia
Profession	Market Analyst, Executive Director
Current Role	Executive Director & Head of Technical Research, Choice Broking
Company	Choice International Ltd. (NSE: CHOICEIN)
Education	MBA in Finance; NCFM Commodities Module (95%)
Experience	15+ years in Indian capital markets
Known For	Technical research on equities, commodities & currencies; TV market commentary
Media Appearances	CNBC Awaaz, ET Now, CNBC Bajar, Bloomberg, Zee Business, NDTV Profit
Estimated Net Worth	Multi-crore range (exact figure not publicly disclosed)

Who is Sumeet Bagadia?

Sumeet Bagadia is an Indian market analyst and Executive Director & Head of Technical Research at Choice Broking. In the latter position, he has held since October 2018, after spending more than a decade as Associate Director at the same company. 

An alumnus of an MBA in Finance, Bagadia began his career at Sharekhan before moving to Destimoney Securities – where he headed Commodities & Currencies Research. 

At Choice Broking, he has been involved in setting up the technical research process, and has spent more than 15 years in the Indian capital markets – both in broking and commodities trading.

Sumeet Bagadia Net Worth

Since Sumeet Bagadia is a salaried employee and not a promoter of a listed company, his net worth is not publicly available. Various business and celebrity net worth portals, however, speculate that his wealth falls in the multi-crore category. 

That said, it is important to note that these figures cannot be considered as accurate as one would expect from a public filing. What we do know with a higher degree of certainty is what contributes to the wealth of Sumeet Bagadia. 

The following factors are likely to play a role in determining his net worth:

• Executive compensation at Choice Broking — As Executive Director and Head of Technical Research at a listed brokerage with a market capitalisation exceeding ₹17,000–18,000 crore in 2025–26, his compensation is likely to be substantial, though not individually disclosed in public filings the way a listed-company CEO’s might be.
• Personal equity investments — Reports suggest a portfolio weighted toward established large-cap Indian stocks, consistent with his own stated approach to long-term investing alongside short-term technical calls.
• Media and advisory income — Regular appearances on business news channels and financial dailies (Economic Times, Business Standard, DNA, Financial Chronicle) likely supplement his primary income through appearance fees and content collaborations.
• Tenure-based equity or bonus structures — Long-serving senior executives at growing brokerages often receive performance-linked bonuses or stock-based incentives, though specific details for Bagadia are not publicly available.

Choice Broking’s Growth: The Backdrop to His Career

Image Courtesy: Choice International Ltd / Official Website

Bagadia’s rise has coincided with rapid growth at Choice International Ltd. (Choice Broking’s parent company), which gives useful context for understanding the scale of the business he helps lead.

Metric	FY24	9M FY26 (Latest Reported)
Total Revenue	Approx. ₹750 crore (annualised)	₹830.66 crore (9 months)
Profit After Tax (PAT)	—	₹170.05 crore (9 months, up 55.7% YoY)
Demat Accounts	Approx. 9.9 lakh	12.34 lakh (up 24% YoY)
Client Assets Under Stock Broking	—	₹60,500 crore (up 22% YoY)
Market Capitalisation (2025–26)	~₹16,000–18,000 crore	~₹17,300–18,200 crore

Choice Broking ranks among the top brokers in India by active client accounts, with a pan-India presence spanning over 200 branches and more than 14 lakh clients as of late 2025. 

This scale underlines why senior leadership roles like Bagadia’s — overseeing the firm’s technical research output across equities, commodities, and currencies — carry significant professional weight in the Indian broking industry.

Early Life and Education

There is not much publicly available information regarding the early life and family background of Sumeet Bagadia. Like many corporate executives, Bagadia appears to lead a relatively private personal life. 

It is known that he has an MBA in Finance, and has cleared the NCFM Commodities Module – with a distinction of 95%. As he has often mentioned on social media, he began trading at the age of 17, and developed an interest in the capital markets at a young age.

Career Journey: Building a Technical Research Desk

Early Career

Bagadia began his professional career at Sharekhan – a well-known retail broking firm. He later moved to Destimoney Securities, where he headed Commodities & Currencies Research. During his time at various organizations, he was exposed to research, broking, and trading – including commodities, equities, and currencies.

Progression to Executive Director at Choice Broking

Bagadia joined Choice Broking and spent more than a decade in the same role prior to being promoted to the position of Executive Director in October 2018. 

In his capacity as Executive Director & Head of Technical Research, Bagadia is responsible for research in equities, commodities, and currencies. In addition to short-term and positional trading advisory services, his responsibilities also entail publishing mid-cap momentum research, as well as market commentary.

Appearance on TV Channels and Publications

In recent years, Bagadia has appeared as a guest commentator on several business news channels, including CNBC Awaaz, ET Now, CNBC Bajar, Bloomberg, Zee Business, and NDTV Profit. 

In addition to this, his weekly market update columns in Economic Times, Business Standard, DNA, Financial Chronicle, as well as podcasts, have enabled him to gain wider recognition as a market analyst.

Family

Sumeet Bagadia keeps his personal and family life largely private, with no significant public disclosures about his family background beyond general references to a Mumbai-based upbringing. 

This is consistent with his broader public persona, which is built almost entirely around his professional market commentary rather than personal branding — a deliberate choice that distinguishes him from more media-personality-driven finance influencers.

FAQs

What is Sumeet Bagadia’s net worth?

The net worth of Sumeet Bagadia is not publicly disclosed. However, some business and net worth portals estimate it to be in the multi-crore range.

What is Sumeet Bagadia’s current position?

Sumeet Bagadia currently serves as Executive Director & Head of Technical Research at Choice Broking.

How many years of experience does Sumeet Bagadia have?

Sumeet Bagadia has more than 15 years of experience in the capital markets.

What is Sumeet Bagadia’s educational background?

Sumeet Bagadia has an MBA in Finance, and has cleared the NCFM Commodities Module with a distinction of 95%.

What companies has Sumeet Bagadia worked for?

Sumeet Bagadia has worked for Sharekhan and Destimoney Securities in the past, and has spent over a decade at Choice Broking.

Does Sumeet Bagadia appear on TV?

Yes, Sumeet Bagadia is a regular guest commentator on CNBC Awaaz, ET Now, CNBC Bajar, Bloomberg, Zee Business, and NDTV Profit, in addition to writing for various financial publications.

What is Sumeet Bagadia known for?

Sumeet Bagadia is known for his technical research on markets – including support-resistance levels, as well as short-term positional trading and mid-cap momentum research.

Is Choice Broking a listed entity?

Yes, Choice Broking is a subsidiary of Choice International Ltd – which is listed on the BSE (531358) and NSE (CHOICEIN). As of late 2025 and early 2026, its market value was between ₹16,000-18,000 crore.

Does Sumeet Bagadia recommend stocks?

Yes, he frequently recommends stocks on television, as well as in various publications. Moreover, Choice Broking also publishes research notes with his recommendations, which include entry price, target, and stop-loss for various short-to-medium-term positions.

Is there a particular reason why it is difficult to find out Sumeet Bagadia’s net worth?

Yes, since he is a salaried employee and not a promoter of a listed company, his net worth is not public.

Conclusion

Sumeet Bagadia’s professional journey offers a fascinating insight into the life of one of India’s most popular market analysts. Unlike many of his contemporaries, Bagadia has not gained fame and fortune by founding a company or setting up a financial services platform. 

Instead, the Executive Director of Choice Broking has spent more than 15 years making technical sense of markets – both on television as well as through research reports. 

While it is difficult to say with any degree of accuracy how much money Bagadia makes – or how much he is worth – it is safe to assume that few people in the Indian capital markets have as strong and stable an understanding of the markets as he does. 

As Choice Broking continues to grow and more retail investors begin to take an interest in the Indian capital markets, Bagadia’s work will continue to be important in enabling them to make decisions on short-term trades and investments.