Stocks to buy under ₹100 on Akshaya Tritiya: Experts recommend four shares to buy today — 30 April 2025
Speaking on the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research—Wealth Management at Motilal Oswal, said, "Looking ahead, progress on the US trade deal is expected to provide near-term support, while the ongoing earnings season may lead to stock-specific movements."
On the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "Bullish patterns like higher tops and bottoms are intact as per daily chart, and one may expect Nifty to resume its upside momentum after a small consolidation or minor dip. Immediate support for Nifty today is placed at 24,150. A decisive move above the resistance of 24,450 could open the next upside target of 24,850 soon."
Asked about the outlook of the Bank Nifty today, Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta, said, 'Technically, the Bank Nifty index formed a shooting star candle on the daily chart, suggesting strong supply near the 56,000 mark, while support is seen at 54,450. The index is expected to consolidate between 54,450 and 56,000 in the near term, with a breakout on either side likely to determine the next directional move.'
Regarding shares to buy today, market experts — 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 these four intraday stocks for today under ₹ 100: Network18 Media, Bank of Maharashtra, Kamdhenu, and NBCC.
1] Network18 Media: Buy at ₹ 44.50 to ₹ 45.30, Targets ₹ 46.50, ₹ 48, ₹ 50, ₹ 52, Stop Loss ₹ 42.40;
2] Bank of Maharashtra: Buy at ₹ 51 to ₹ 51.50, Targets ₹ 52.50, ₹ 555, ₹ 57, Stop Loss ₹ 49.80.
3] Kamdhenu: Buy at ₹ 28, Target ₹ 29.30, Stop Loss ₹ 27.20.
4] NBCC: Buy at ₹ 97, Target ₹ 102, Stop Loss ₹ 95.
Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
First Published: 30 Apr 2025, 07:46 AM IST
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