Stocks to buy under ₹100: Sumeet Bagadia recommends three shares to buy tomorrow – 17 March 2025 | Stock Market News
Source: Live Mint
Stocks to buy under ₹100: After a brief recovery earlier this month, the Indian stock market continued its losing streak in the holiday-shortened week, influenced by mixed global cues.
The 30-share BSE Sensex decreased by 200.85 points (0.27 per cent) to close at 73,828.91, with 22 of its constituents ending lower and eight gaining. The NSE Nifty fell by 73.30 points (0.33 per cent) to settle at 22,397.20.
Over the past week, the Nifty 50 index declined by 0.69 per cent, while the Sensex decreased by 0.68 per cent. Mid-cap stocks experienced a 2.2 per cent drop, and small-cap stocks saw a 3.9 per cent decline. The total market capitalization of companies listed on the Bombay Stock Exchange (BSE) fell by ₹1,71,623.67 crore, bringing it to ₹3,91,12,994.41 crore (approximately $4.49 trillion).
Sumeet Bagadia’s stock recommendations
Sumeet Bagadia, Executive Director at Choice Broking, believes that the overall the Indian stock market sentiment is cautious as the Nifty 50 index failed to break the hurdle placed at 22,650.
Speaking on the outlook of Indian stock market, Bagadia said, “The frontline index is sustaining above 22300 support that august a bounce back from the lower levels. But, one can assume bullish or bearish trend in breaking of either side of 22,000 to 22,650 range.”
Regarding stocks to buy under ₹100, Sumeet Bagadia recommended buying these three shares: Pasupati Acrylon, MTNL, and Sepc.
Stocks to buy under ₹100
1] Pasupati Acrylon: Momentum buy at ₹55.77, Stop Loss of ₹53.5; Target Price of ₹60.
2] MTNL: Momentum buy at ₹48.88, Stop Loss of ₹46.5; Target Price of ₹52.5.
3] Sepc: Momentum buy at ₹16.42, Stop Loss of ₹15.75; Target Price of ₹18.
Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
