logo
Stocks to buy under ₹100: Experts recommend five shares to buy today — 11 June 2025

Stocks to buy under ₹100: Experts recommend five shares to buy today — 11 June 2025

Minta day ago

Buy or sell stocks: Despite the continuous uptrend in the Mid-cap and Small-cap indices, key benchmark indices ended flat on Tuesday. The Nifty 50 index ended marginally higher, while the BSE Sensex finished 53 points lower at 82,391. The Bank Nifty index ended 210 points downside at 56,629. Grasim, Tech Mahindra, and Dr Reddy were among the major gainers on the Nifty. Conversely, Trent, Maruti, and Bajaj Finance faced selling pressure and became major losers.
The Nifty Mid-cap and Small-cap indices continued their upward journey, ending with minor gains along with the Nifty. The Nifty Small-cap index continued its upward journey for the seventh day in a row, closing at its highest level since 03-Jan-2025. The market breadth remained decisively positive for the fifth consecutive session, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.25.
On outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect markets to continue to consolidate and remain range-bound with a positive bias."
Speaking on the outlook for the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index once again witnessed a sluggish session with a very narrow movement throughout the session to end on a flat note with the broader market showing some active participation to support the overall sentiment maintained positive. The index has consolidated and sustained above the 25,000 zone, maintaining the trend intact. Once the recent peak of 25,116 zones is breached decisively, one can expect fresh targets of 25,600 and 26,000 in the coming days for the index, as mentioned earlier."
"The Bank Nifty index, after the strong spurt, has been witnessing a gradual slide since the last two sessions, maintaining the positive bias, and with the 56,000 zone positioned as the important support zone, the index would need another round of momentum breaching the 57,000 decisively to expect fresh upward move. As said earlier, one can expect the index to gain further for fresh upside targets of 57,800 and 60,000 achievable in the coming days with the 55,800 zone as the important support area," Shiju Kuthupalakkal said.
Regarding stocks to buy today, 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 these five intraday stocks for today under ₹ 100: Network18, Suzlon Energy, Allcargo Gati, Filatex India, and Autoline Industries.
1] Network18: Buy at ₹ 57, Target ₹ 62, Stop Loss ₹ 55.
2] Suzlon Energy: Buy at ₹ 67.35 to ₹ 68.35, Targets ₹ 68.80, ₹ 72, ₹ 75, ₹ 78, Stop Loss ₹ 65.80; and
3] Allcargo Gati: Buy at ₹ 73.25 to ₹ 74.25, Targets ₹ 76, ₹ 78, ₹ 80, ₹ 83, Stop Loss ₹ 71.70.
4] Filatex India: Buy at ₹ 56.20, Targets ₹ 60, ₹ 63, Stop Loss ₹ 55.
5] Autoline Industries: Buy at ₹ 89.20, Target ₹ 95, Stop Loss ₹ 86.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US stocks open lower as Middle East tensions rise
US stocks open lower as Middle East tensions rise

Economic Times

time38 minutes ago

  • Economic Times

US stocks open lower as Middle East tensions rise

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Integrum Energy and Connplex Cinemas receive regulatory nod for IPOs
Integrum Energy and Connplex Cinemas receive regulatory nod for IPOs

Time of India

timean hour ago

  • Time of India

Integrum Energy and Connplex Cinemas receive regulatory nod for IPOs

Integrum Energy Infrastructure and Connplex Cinemas received regulatory approvals to move ahead with their respective initial public offerings (IPOs). Integrum Energy Infrastructure IPO gets BSE approval Integrum Energy Infrastructure has received clearance from the BSE. The company plans to raise funds through a fresh issue of up to 49.50 lakh equity shares, along with an offer for sale of up to 5.40 lakh shares, bringing the total issue size to up to 54.90 lakh equity shares, each with a face value of Rs 10. The company will use the IPO proceeds to meet working capital requirements, invest in its subsidiary Integrum Green Assets Private Limited for setting up a solar power plant for commercial and industrial (C&I) customers, fund acquisitions, and for general corporate purposes. Beeline Capital Advisors Private Limited is the Book Running Lead Manager and Integrated Registry Management Services Private Limited is the Registrar to the issue. Founded in 2021 and headquartered in Bengaluru, Integrum Energy provides customized clean energy solutions in the solar, wind, and hybrid segments. The company is currently developing a solar project in Karnataka. For the year ending March 31, 2024, it reported revenue of Rs 233.24 crore, EBITDA of Rs 20.76 crore, and profit after tax (PAT) of Rs 15.15 crore. Live Events Connplex Cinemas approved by NSE Emerge Connplex Cinemas Limited has received in-principle approval from NSE Emerge for its IPO comprising a fresh issue of up to 51 lakh equity shares of Rs 10 each. The proceeds will be used to purchase a corporate office, acquire LED screens and projectors, and meet working capital and general corporate needs. Connplex operates under the brand name 'CONNPLEX' and focuses on bringing luxury cinema experiences to Tier 2, 3, and 4 cities. The company features recliner seating, advanced AV systems, and operates revenue streams through ticketing, food and beverages, advertisements, and private events. Beeline Capital Advisors is the Book Running Lead Manager and MUFG Intime India Private Limited is the Registrar to the issue. For the year ending March 31, 2024, Connplex posted revenue of Rs 60.30 crore, EBITDA of Rs 6.19 crore, and PAT of Rs 4.09 crore. For the half-year ending September 30, 2024, revenue stood at Rs 40.69 crore, EBITDA at Rs 12.83 crore, and PAT at Rs 9.61 crore.

Indian stock markets settle in the negative territory on tension between Iran and US
Indian stock markets settle in the negative territory on tension between Iran and US

India Gazette

timean hour ago

  • India Gazette

Indian stock markets settle in the negative territory on tension between Iran and US

New Delhi [India], June 12 (ANI): The Indian stock indices ended in the red on Thursday, weighed down by the rising geopolitical tensions between Iran and the United Sensex closed at 81,691.98 points, down 823.16 points or 1 per cent. The Nifty also followed the Sensex and closed at 24,888.20 points, down 253.20 points or nearly 1 per cent.'After hitting a high near 25200, the index slipped sharply below the 25000 mark and found support at its 20-day EMA. A brief bounce in the last hour trimmed losses, but the index still ended with a cut of around 250 points, forming a big bearish candle on the daily chart,' said Chandan Taparia, Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services participants braced themselves to keep a track of global sentiment, as they turned negative, keeping domestic indices negative on Thursday.'This reflects rejection from higher levels and rising pressure near the 25000 zone. A move below 24700 may trigger further downside, while bulls need to reclaim 25000 to regain momentum,' added Chandan Taparia. All the Nifty Sectoral indices ended their day in the red territory except Nifty Healthcare Index. Out of all the sectors, Nifty Consumer Durables was the most affected indices, followed by Nifty Oil & Gas and Nifty Auto. 'On the stock-specific front, shares of IndiGo and SpiceJet dropped over 3 per cent following news of an Air India flight crash in Ahmedabad,' said Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity - Ashika Stock Broking, part of Ashika Nair, Head of Research, Geojit Investments says valuations concerns are rising in the Indian markets 'Consolidation in domestic markets is evolving into a broad-based trend, now extending to large-cap stocks. Valuation concerns and rising oil prices--driven by Middle East tensions--are fuelling risk aversion among investors. IT, metals, and auto sectors have mostly underperformed. Nair added that uncertainty over US tariffs is adding to it 'the U.S. is considering unilateral tariff hikes on several key trading partners, with a decision expected within the next one to two weeks, ahead of an early July deadline. Meanwhile, gold is witnessing a fresh leg of safe-haven buying, amid escalating geopolitical and economic risks.'Air India on Thursday confirmed that flight AI171 with destination to Gatwick in London, was involved in an accident today after take-off from the Sardar Vallabhbhai Patel International Airport in Ahmedabad, Gujarat. (ANI)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store