Stocks to buy under ₹100: Experts recommend five shares to buy today — 13 April 2025
Stocks to buy under ₹ 100: Following the relief from the ceasefire in India-Pakistan tension and encouraging developments in the US-China trade deal, the Indian stock market witnessed strong buying on Monday. The Nifty 50 index skyrocketed 916 points and closed at 24,924. The BSE Sensex finished 2,975 points higher at 82,429. The Bank Nifty index ended 1,787 points northward at 55,382. All the sectors ended in green, with IT, realty, and metal emerging as the top performers. In the broad market, the Mid-cap and Small-cap indices soared over 4% and outshone the frontline indices.
Speaking on the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research—Wealth Management at Motilal Oswal, said, "Looking ahead, market participants will closely track the release of key inflation data—India's CPI and the US Core CPI, both scheduled for Tuesday. Additionally, investors will watch Q4 results 2025 from major companies, including Bharti Airtel and Tata Motors, which could drive sector-specific momentum. Positive momentum in Indian markets is likely to continue, driven by easing geopolitical tensions, progress on trade deals, and improving signs of economic stability."
On the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index witnessed a big gap-up opening with Border Ceasefire news, which has indicated a robust move with the bulls gaining strength over the bears, closing above the previous peak of the 23,800 zone, and with further targets of 25,300 and 25,800 levels expected, the bias and sentiment have turned overall positive as of now. The important 200-DMA zone of the 24,050 level shall be the major support for the short term."
Asked about the outlook of the Bank Nifty today, Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta, said, "The Bank Nifty formed a Morning Star candlestick pattern on the daily chart, indicating strength. The next key hurdle for Bank Nifty is located near the 56,000–56,100 zone, while major support is seen near 53,480. Traders are advised to hold long positions and consider booking profits around the 56,000-56,100 levels."
Regarding stocks to buy today, market experts — Sumeet Bagadia, Executive Director at Choice Broking; Mahesh M Ojha, AVP — Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet — recommended buying these five intraday stocks for today under ₹ 100: NMDC Steel, NMDC, IRB Infrastructure, Ola Electric Mobility, and Edelweiss.
1] NMDC Steel: Buy at ₹ 36.12, Target ₹ 38.64, Stop Loss ₹ 34.85; and
2] NMDC: Buy at ₹ 68.08, Target ₹ 72.84, Stop Loss ₹ 65.69.
3] IRB Infrastructure: Buy at ₹ 47 to ₹ 47.85, Targets ₹ 49, ₹ 51, ₹ 53, ₹ 55, Stop Loss ₹ 45.90; and
4] Edelweiss: Buy at ₹ 80 to ₹ 81, Targets ₹ 83.50, ₹ 85, ₹ 88, ₹ 90, Stop Loss ₹ 78.
5] Ola Electric Mobility: Buy at ₹ 48.40, Target 50.90, Stop Loss ₹ 47.50.
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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
23 minutes ago
- Time of India
India-Sri Lanka defence dialogue discusses enhancing maritime security
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India and Sri Lanka explored ways to further expand their bilateral defence cooperation , especially in areas of maritime security , the island nation's defence ministry deliberations took place at the Sri Lanka-India Defence Dialogue held in Colombo on was the first high-level meeting after India and Sri Lanka signed the first ever defence partnership on April 5.A statement from the Defence Ministry said that the Sri Lankan delegation was led by Defence Secretary Air Vice Marshal Sampath Thuyacontha (Retd), while the visiting Indian Defence Secretary Rajesh Kumar Singh led the Indian delegation."The high-level dialogue focused on strengthening bilateral defence cooperation, enhancing maritime security, and exploring new avenues for collaboration in training and strategic engagement," the statement officials from both sides participated in the discussions, reaffirming the longstanding defence partnership between Sri Lanka and India, it Indian Defence Secretary also met the Deputy Minister of Defence, Major General Aruna Jayasekara (Retd) and Thuyacontha April 5, India and Sri Lanka signed the first-ever defence partnership agreement -- firmed up during talks between visiting Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake -- signalling a major boost the the bilateral defence ties nearly four decades after the Indian Peace Keeping Force's intervention in the island nation strained the agreement will institutionalise the existing military engagement and pave the way for more structured cooperation including potential collaboration in the defence industrial sector, Foreign Secretary Vikram Misri had said then. PTI
Time of India
23 minutes ago
- Time of India
More reliability, peace of mind: Pre-scheduled ride's a preferred choice for riders
Uber today released key 2024 trends for Uber Reserve, its pre-scheduled ride option, showing a sharp rise in usage across Indian cities as more riders explore the advance- travel-booking feature. Tired of too many ads? go ad free now With bookings growing close to 200% year-on-year, Reserve is becoming the preferred choice for riders looking for reliability, especially for odd-hour airport trips, festival travel, and business commutes. Nearly one in four airport drop-offs now happen via Reserve, showing growing demand for certainty when timing matters most, with Delhi, Bangalore, Mumbai, Hyderabad, and Chennai leading in usage. Airport drop-offs were the primary use case for Reserve during 2024, with as much as 40% of overall Reserve trips ending at an airport. Beyond the airport use case, spikes in Reserve bookings were observed during wedding seasons, exam dates, and major festivals like Diwali, Eid, and Christmas, where the usage increased almost 15% ahead of public holidays. Intercity travel using Reserve also rose significantly, up 40% during the Diwali festive period, and close to 30% over long weekends during 2024. Speaking on the growth of the product, Shweta Mantri, Head of Rider Verticals, Uber India and South Asia, said: 'Riders are telling us what they value most - reliability, flexibility, and peace of mind. Uber Reserve is helping them take more control of their time and their travel. Whether it's for a flight, a meeting, or a family celebration,Reserve is becoming the preferred choice for planned journeys across India. ' Riders have the option to book Reserve trips up to 90 days in advance, and in one case, a rider booked their trip as early as 89 days ahead, reflecting the faith they put in their trusted ride option. The average lead time for Reserve bookings was 9 hours during 2024. Tired of too many ads? go ad free now Popular Reserve time slots included 4-6 AM for flights, and 7-10 AM for office commutes. Reserve trips made through Uber for Business rose 140% year-on-year, and now make up a tenth of all Reserve bookings - a sign that working professionals are increasingly opting for more control and certainty with pre-scheduled transport. In terms of product adoption, Chennai led the charge during 2024, with the highest proportion of the overall trips being reserved ahead, followed by Bangalore and Hyderabad. With growing momentum across use cases and cities, Uber Reserve is poised to play a larger role in how India plans its travel. As rider expectations evolve, Uber remains committed to building solutions that offer greater control, reliability, and peace of mind.
Mint
24 minutes ago
- Mint
Third-party motor insurance premiums could rise by up to 25%, govt review underway: Report
The Ministry of Road Transport and Highways (MoRTH) is actively reviewing a proposal to increase Motor Third Party (TP) insurance premiums, following recommendations from the Insurance Regulatory and Development Authority of India (IRDAI), report CNBC-TV18. The proposal suggests an average hike of 18%, with a steeper increase of 20–25% for at least one vehicle category. A final decision is expected in the next 2–3 weeks, after which a draft notification could be issued for public consultation, as per standard regulatory practice. Motor TP insurance, which is mandatory under the Motor Vehicles Act, covers third-party liabilities resulting from accidents involving insured vehicles. Despite its significance, TP premiums have remained unchanged for four years, even as insurers continue to face mounting losses in the segment. The industry has been under strain due to rising medical costs, court-awarded settlements, and increased vehicle density on Indian roads. Loss ratios — the percentage of premium paid out as claims — have remained alarmingly high in recent years. According to sources: New India Assurance (Public sector) reported a TP loss ratio of 108% in FY25 (Public sector) reported a TP loss ratio of in FY25 Go Digit (Private insurer) posted 69% (Private insurer) posted ICICI Lombard reported a TP loss ratio of64.2% Such figures highlight the underwriting stress general insurers are facing due to stagnant premium rates. For FY25, TP insurance comprised nearly 60% of total motor insurance premiums and contributed 19% to the general insurance industry's overall premium income. Given this substantial share, analysts believe that a 20% hike could boost the sector's combined ratio — a key measure of underwriting profitability — by an estimated 4–5%. Industry experts have long called for systematic and periodic revisions of TP premiums to align with economic realities. The last revision occurred in 2021, and the subsequent rate freeze has exacerbated margin pressures for insurers. Without regular updates, insurers argue, the TP line becomes increasingly unsustainable.
