Stocks to buy under ₹100: Experts recommend four shares to buy today — 27 May 2025
Stocks to buy under ₹ 100: Indian stock market indices—the Sensex and Nifty 50—closed with solid gains on Monday, May 26, driven by strong performances from key players such as ICICI Bank, ITC, and Reliance Industries.
The Sensex finished the day up by 455 points, or 0.56%, at 82,176.45, while the Nifty 50 rose 148 points, or 0.60%, to end at 25,001.15. Meanwhile, the BSE Midcap index increased by 0.56%, and the BSE Smallcap index gained 0.48%.
Investors gained approximately ₹ 3 lakh crore in one trading session as the total market capitalization of companies listed on the BSE increased from ₹ 442 lakh crore to nearly ₹ 445 lakh crore compared to the previous session.
On the outlook for the Indian stock market today, Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said, 'Although the market pared most of its early gains, benchmark indices closed above their key psychological levels on steady all-round buying support due to optimism in European indices and mixed Asian cues. Investors will be focused on the minutes of the US FOMC meeting announcement and Fed Chairman's comment on it, and the domestic Q4 GDP numbers to be announced on Friday. The monthly F&O expiry on Thursday will also determine if investors are betting on bullish bets or it is skewed towards caution for next month.'
Speaking on the outlook of the Nifty 50 today, Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates Ltd. (A Pantomath Group Company), said, " Nifty opened on a positive note, witnessed strong buying interest, and ultimately settled on a positive note at 25,001. The volatility index, India VIX, surged by 4.29% to 18.02, indicating a rise in market volatility.
Technically, Nifty formed a bullish candle on the daily chart, indicating strength. However, the index is still placed near the psychological resistance level of 25,000. A sustainable move above 25,000 could drive the Nifty towards 25,200–25,250 levels in the short term. On the downside, 21-Day Exponential Moving Average (21-DEMA) support is placed near 24,530. As long as the index holds above this level, a buy-on-dips strategy should be adopted."
Meanwhile, on the Bank Nifty outlook, Yedve added, ' The Bank Nifty index opened on a positive note, witnessed buying interest, and finally settled on a positive note at 55,572. Technically, the Bank Nifty index on the daily chart formed a green candle with both-side shadow, indicating indecision. On the upside, the index is facing resistance near 56,000–56,100 levels. A sustained move above this level could trigger a fresh breakout, which will drive the index towards 57,000–57,500 levels. On the downside, 21-DEMA support is placed near 54,720. As long as the index remains above this level, it is likely to continue its bullish momentum.'
Regarding shares to buy today, market experts — Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher; Anshul Jain, Head of Research at Lakshmishree Investment and Securities; Sugandha Sachdeva, Founder of SS WealthStreet; Mahesh M Ojha, AVP — Research at Hensex Securities —recommended four intraday stocks for today: IFCI, Jamna Auto Industries, Suzlon Energy, Kamdhenu, HCC, and Jain Irrigation Systems.
1] IFCI: Buy at ₹ 57, Target ₹ 65, Stop Loss ₹ 54; and
2] Jamna Auto Industries: Buy at ₹ 92, Target ₹ 96, Stop Loss ₹ 90.
3] Suzlon Energy: Buy at ₹ 64.10, Target ₹ 70, Stop Loss ₹ 61.
4] Kamdhenu: Buy at ₹ 29.90, Target ₹ 33, Stop Loss ₹ 28.60.
5] HCC: Buy at ₹ 30.60-31.25, Target ₹ 32.50-34-36+, Stop Loss ₹ 29.20.
6] Jain Irrigation Systems: Buy at ₹ 57-57.70, Target ₹ 58 50-60-62+, Stop Loss ₹ 55.20.
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
an hour ago
- Time of India
Rs 2,000 denomination fake currency notes dip, but Rs 500 counterfeit notes spike in FY25
Chennai: Dip in Rs 2,000 denomination counterfeit notes contributed to the reduction in the value of fake banknotes detected by banks and Reserve Bank, but there was a rise in Rs 500 Fake Indian Currency Notes (FICN) during FY25, RBI data showed. Banknotes of Rs 2,000 denomination were withdrawn from circulation in May 2023, though it continues to be legal tender. The counterfeit notes detected in the denominations of Rs 10, Rs 20, Rs 50, Rs 100 and Rs 2,000 declined in 2024-25, while those in Rs 200 and Rs 500 denominations increased by 13.9% and 37.3%, respectively, when compared with the previous year (FY24). A total number of 2,17,396 FICNs was detected by banks and Reserve Bank in FY25, recording a marginal drop by 2.3% in FY24 at 2,22,639 FICNs. However, it does not include counterfeit notes seized by the police and other enforcement agencies, India's central bank said in its annual report for 2024-25. According to data, Rs 500 FICNs increased from 85,722 in FY24 to 1,17,727 in FY25. Its value rose from around Rs 4.3 crore to Rs 5.9 crore, respectively. Subsequently, the number of Rs 2,000 denomination counterfeit notes plunged by 86.5% YoY at 3,508 in FY25 from 26,035 in FY24. Its value decreased to Rs 70 lakh in FY25 from Rs 5.2 crore in FY24. Further, 32,660 numbers of Rs 200 FICNs and 51,069 in the Rs 100 denomination were detected in the last fiscal (FY25). Out of the total FICNs detected in the banking sector in 2024-25, 95.3% was detected by banks and the rest 4.7% was detected at the Reserve Bank. The report said, a Currency Research and Development Centre (CRDC) has been set up under the administrative control of Bharatiya Reserve Bank Note Mudran (BRBNMPL) for conducting advanced testing of security features of Indian banknotes, counterfeit deterrence tests, forensic/scientific analysis of forged notes, ethical counterfeiting of notes by using latest available tools and technologies and for the development of security/design features for Indian banknotes. Former president of Bank Employees Federation of India C J Nandakumar said, the rise in Rs 500 FICNs indicates the circulation of counterfeit notes. 'Criminals have become sophisticated in designing fake notes with features that even escape from being identified by sorting machines. Apart from issuing guidelines, the regulator must also initiate more stringent actions and supervise to end the menace of FICNs,' he added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hans India
2 hours ago
- Hans India
Bharat InvITs Association presents India's first industry overview on the growth and performance of infrastructure investment trusts in India
InvITs India, Infrastructure Investment Trusts, Bharat InvITs Association, AUM Growth, Infrastructure Financing, SEBI Regulated Investments Mumbai, June 13, 2025 – The Bharat InvITs Association, the apex industry body for Infrastructure Investment Trusts (InvITs) in India today shared its first consolidated industry update, offering key insights into the performance, scale, and reach of Infrastructure Investment Trusts (InvITs) in India. Delivered by Mr. N. S. Venkatesh, Chief Executive Officer of the Association, the briefing marks a significant step in enhancing transparency and industry-wide understanding of InvITs as an infrastructure financing model. This update outlines how InvITs have matured into a well-regarded asset class, contributing meaningfully to India's infrastructure development efforts and attracting participation from a wide spectrum of investors. Industry Snapshot as on March 31, 2025: Growth in AUM: The total assets under management (AUM) of listed InvITs, public and private is ₹7 Lakh crore and has seen steady year-on-year growth since 2019, underscoring sustained investor interest and a strong pipeline of operational infrastructure assets. In the last five years the AUM has grown by over 1000%, with growth of 16.5% over the last year. Distributions to unitholders: InvITs distributed a total of ₹ 24,267 crore to unitholders in FY 2024–25, reaffirming their ability to generate regular, predictable cash flows for investors. Market Capitalisation: The combined market capitalisation of listed InvITs (Public and Private) reached ₹2.4 Lakh crore as of March 31, 2025, reflecting the sector's expanding footprint and investor confidence. Returns Profile: InvITs have continued to deliver stable and competitive returns, supported by regulated cash flows and long-term infrastructure assets. Unitholder Base: The total number of unitholders as on 31st March 2025 is 2.8 lakhs, representing a healthy mix of institutional, retail, and global investors. Geographical distribution: InvITs have drawn investment interest from across domestic and international markets. A total of 250+ underlying assets are spread across 21 Indian states. Sectoral coverage: The industry currently spans several key infrastructure sectors such as roads, power transmission, energy (generation & storage), telecom, warehousing, supply chain, optical fibre line, pipelines. Commenting on the industry insights, N S Venkatesh, Chief Executive Officer, Bharat InvITs Association, said: 'InvITs have emerged as a structured and transparent investment platform, well-suited to India's evolving infrastructure financing needs. They have created a distinct and credible asset class that brings long-term capital into infrastructure while offering stable returns to investors. With increasing participation from diverse investor categories and a strong regulatory oversight and support from SEBI InvITs are poised to play an integral role in supporting India's infrastructure goals.' The Bharat InvITs Association's first industry-wide update sets the stage for ongoing dialogue, transparency, and collaboration across stakeholders. As InvITs continue to evolve within India's financial ecosystem, the association remains committed to fostering growth, encouraging investor participation, and supporting the nation's infrastructure development agenda.
Economic Times
2 hours ago
- Economic Times
No major economic impact of Iran-Israel conflict, but vigil up: India official
AP A man walks at the scene of an explosion in a residence compound in northern Tehran, Iran. The ongoing Israel-Iran conflict is unlikely to have any major economic impact on India unless it escalates into a broader and protracted regional conflagration but the government is keeping a close watch on the evolving situation, a senior official said. The conflict, however, could potentially stoke volatility in global crude oil prices, capital flows, currency movement and shipping costs in the short term, the official conceded. While it's "too early" to gauge the precise impact on India, the finance ministry and regulators would continue to maintain heightened vigil in view of the volatility across markets, the official told given its strong macroeconomic fundamentals, India is on a strong footing to tide over any such global crisis without much bruise, he said. He also ruled out any sharp and durable impact of the crisis on non-energy commodity prices globally over the medium term. Indian stocks fell on Friday tracking a global sell-off and the rupee depreciated against the dollar as worries about the Israel-Iran conflict weighed down investor benchmark Sensex and Nifty nosedived 0.7% each on Friday. The rupee depreciated 0.6% to close at a two-month low of 86.09 against the greenback, as the dollar index strengthened with investors scrambling for safe haven crude oil prices spiked 12% to $78.5 per barrel in the early hours of Friday morning following the Israeli strike. The prices, however, pulled back to less than $75 a barrel after reports emerged that Israel had not targeted Iran's oil infrastructure but limited its strike to Tehran's nuclear facilities. The Israeli strikes have raised fears if Iran could retaliate by trying to close the Strait of Hormuz, a vital choke point for about a fifth of the global oil supply. In that case, shipping and related insurance costs could rise US gold futures inched up more than 1% to touch its peak in nearly two months amid heightened demand for haven assets.
