Top Stocks to Buy Under ₹100: Sumeet Bagadia Recommends These 3 Picks
Indian markets ended Friday on a flat note but outperformed global and Asian peers, which faced declines due to weak U.S. economic data and rising trade tensions. Despite a 0.08% dip in the Sensex, it gained 1.55% for the week, breaking a three-week losing streak. The Nifty 50 closed slightly higher (0.03%), securing a 1.93% weekly gain—its first in three weeks.
🔹 Market Outlook by Sumeet Bagadia
Sumeet Bagadia, Executive Director at Choice Broking, highlights a cautious sentiment in the Indian stock market, with Nifty 50 holding support at 22,550. He suggests a stock-specific approach, as Nifty’s next move depends on whether it breaks above 22,625 (bullish signal) or falls below 22,150 (selling pressure).
📌 Stocks to Buy Under ₹100
Bagadia recommends these three stocks based on technical analysis:
1️⃣ SAH Polymers
- Buy Price: ₹93.27
- Stop Loss: ₹90
- Target Price: ₹100
2️⃣ Pasupati Acrylon
- Buy Price: ₹44.63
- Stop Loss: ₹42
- Target Price: ₹48
3️⃣ Ambica Agarbathies Aroma & Industries
- Buy Price: ₹29.82
- Stop Loss: ₹28
- Target Price: ₹32
⚠️ Disclaimer: These stock recommendations are from analysts at Choice Broking and not investment advice from Mint. Always consult a certified financial expert before making investment decisions.
