By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Stocks to buy under ₹100: Experts recommend five shares to buy today — 6 April 2025 | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Stocks to buy under ₹100: Experts recommend five shares to buy today — 6 April 2025 | Stock Market News
Business

Stocks to buy under ₹100: Experts recommend five shares to buy today — 6 April 2025 | Stock Market News

Last updated: May 6, 2025 7:59 am
1 year ago
Share
SHARE


Contents
Stock market todayStocks to buy todayVaishali Parekh’s recommended stocksMahesh M Ojha’s stocks to buy under ₹100Sugandha Sachdeva’s intraday stock for todayAnshul Jain’s share to buy under ₹100

Stocks to buy under ₹100: Following strong global market sentiments on falling crude oil prices, two out of the three key benchmark indices of the Indian stock market ended higher on Monday. The Nifty 50 index finished 114 points higher at 24,461; the BSE Sensex ended 294 points higher at 80,796. However, the Bank Nifty index shed 195 points and closed at 54,919. The NSE cash market trading volumes were 11% lower than last Friday.

The mid-cap and smallcap segments displayed notable outperformance compared to the benchmark indices. The Nifty Midcap 100 Index soared by 1.81%, while the Nifty Smallcap 100 Index ended with gains of 1.02%. Market breadth turned positive after six sessions of declines, with the BSE advance-decline ratio registering a strong 1.76, the highest since April 21, 2025.

Stock market today

Speaking on the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, “We expect the market to continue its consolidation with a positive bias while tracking global cues and developments on the geopolitical front. Result reactions would drive sector/stock-specific movements with companies like Godrej Consumer, BSE, HPCL, CG Power, and Polycab, amongst others, announcing Q4 results today.”

On the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “The short-term trend of Nifty continues to be positive. With a sustainable move above the hurdle of 24500-24600 levels, Nifty could soon move towards the next upside of 24800-25000. Immediate support is placed at 24250.”

Asked about the outlook of the Bank Nifty today, Hrishikesh Yedve, AVP — Technical and Derivatives Research at Asit C. Mehta, said, “The Bank Nifty index opened negative on Monday, witnessed buying in the early trade, but succumbed to profit booking, ended on a negative note at 54,920. On the daily chart, the Bank Nifty index formed a red candle with a long upper shadow, reflecting higher-level uncertainty. Resistance for the Bank Nifty index is at 55,700 and 56,000, while key support lies at 54,450. A firm break below 54,450 may trigger fresh selling pressure, potentially dragging the index towards 54,000. Until then, a range-bound consolidation between 54,450 and 56,000 may continue.”

Stocks to buy today

Regarding intraday ₹100″>stocks for today under ₹100, market experts — Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment and Securities — recommended buying these five shares: Allcargo Gati, Hi-Tech Pipes, Niva Bupa, JTL Industries, and Suzlon Energy.

Vaishali Parekh’s recommended stocks

1] Allcargo Gati: Buy at ₹61, Target ₹65, Stop Loss ₹59.

Mahesh M Ojha’s stocks to buy under ₹100

2] Hi-Tech Pipes: Buy at ₹90 to ₹91.50, Targets ₹93.50, ₹95, ₹97, and ₹100, Stop Loss ₹87.80; and

3] Niva Bupa: Buy at ₹84 to ₹86, Targets ₹88, ₹90, ₹95, and ₹100, Stop Loss ₹82.

Sugandha Sachdeva’s intraday stock for today

4] JTL Industries: Buy on dips at ₹65, Target ₹69.20, Stop Loss ₹62.70.

Anshul Jain’s share to buy under ₹100

5] Suzlon Energy: Buy at ₹56.50, Target ₹60.50, Stop Loss ₹54.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.



Source link

You Might Also Like

Yen Surges as Nikkei Says Japan Intervened in Market Again | Stock Market News

Fitch’s Private Credit Default Rate Hit Record in Second Quarter | Stock Market News

Access Denied

Yen soars as analysts suspect official intervention; dollar broadly weaker | Stock Market News

UK’s FCA to Publish Daily Stock-Trading Data Starting Friday | Stock Market News

TAGGED:bank nifty todayintraday stocks for today under <span class='webrupee'>₹</span>100Nifty 50nifty todayShare market newShare Market TodayShares to buy todayShares to buy under <span class='webrupee'>₹</span>100Stock market newsStock market todayStocks to buy todayStocks to buy under <span class='webrupee'>₹</span>100
Share This Article
Facebook Twitter Email Print
Previous Article Stocks to watch: Indian Hotels, Paytm, Bank of Baroda, BSE, Paras Defence among shares in focus today | Stock Market News
Next Article Shares to buy or sell: Chandan Taparia recommends three stocks to buy today – May 6 | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS