
Stocks to buy under ₹100: Experts recommend six shares to buy today
Stocks to buy under ₹ 100: Despite a tepid start on Friday, the Indian stock market closed with smart gains, helped by the Reserve Bank of India's policy actions, which included not just a higher-than-expected rate cut of 50 basis points (bps) but also a cash reserve ratio cut of 100 bps.
This action gave a major leg up to the stock market bulls, driving the BSE Sensex higher by 746.95 points, or 0.92%, to settle at 82,188.99. Meanwhile, the 50-share NSE Nifty closed above the 25,000-level as it climbed 252.15 points, or 1.02%, to 25,003.05.
Sectorally, rate-sensitive indices led the charge with Nifty Realty gaining 4.68%, Nifty Auto 1.52% and Nifty Bank 1.47%. Barring Nifty Media, all sectors closed in the green. The broader markets also rejoiced, with Nifty Midcap 100 advancing 1.21% and Nifty Smallcap 100 index gaining 0.81%.
The outlook for the Indian stock market remains firm going ahead, according to analysts.
Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services, "We expect Indian markets to witness a gradual up-move, supported by positive sentiment following higher than anticipated rate cut by RBI and optimism surrounding a potential US-India trade agreement with officials from both sides meeting in New Delhi this week to finalise the first phase of the proposed deal."
However, he cautioned that global headwinds, including unexpected shifts in US tariffs and ongoing geopolitical tensions, may induce volatility.
Meanwhile, commenting on the Nifty 50 outlook today, Ajit Mishra – SVP, Research, Religare Broking, said: The Nifty has once again approached the upper band of its prevailing consolidation range of 24,500–25,100. A decisive breakout above 25,200 would mark the beginning of a fresh uptrend, with potential to gradually move toward the 25,600–25,800 zone. On the downside, the 24,400–24,600 range is expected to act as a strong support zone during any corrective phase.
As for Bank Nifty, Ajit Mishra said that the banking index has finally broken above the key 56,000 mark after trading in a tight range for over a month. "We now expect it to move toward the 58,000 level, making this segment crucial for broader market direction. In case of a dip, the 55,350–56,000 range is likely to provide strong support," he added.
Regarding stocks to buy today, market experts Sumeet Bagadia, Executive Director at Choice Broking; Sugandha Sachdeva, Founder of SS WealthStreet; Anshul Jain, Head of Research at Lakshmishree Investment and Securities and Mehul Kothari, Deputy Vice President - Technical Research at Anand Rathi recommended buying these six intraday stocks under ₹ 100: IDFC First Bank, HFCL, Confidence Petroleum, Dhani Services, GMR Airport, and NHPC.
1) IDFC First Bank: Buy in cash at ₹ 71.55, target price at ₹ 79, stop loss at ₹ 68
2) HFCL: Buy in cash at ₹ 91.42, target price at ₹ 101, stop loss at ₹ 86.50
3) Confidence Petroleum: Buy at ₹ 59.40, target price at ₹ 62.50 - 66.80, stop loss at ₹ 58
4) Dhani Services: Buy at ₹ 61, target price at ₹ 66, stop loss at ₹ 58
5) GMR Airport: Buy near ₹ 86, target price at ₹ 90 and stop loss at ₹ 84
6) NHPC: Buy near ₹ 89, target price at ₹ 93 and stop loss at ₹ 87
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 making any investment decisions.
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Stocks to buy under ₹100: Experts recommend five shares to buy today — 12 June 2025
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Stocks to buy under ₹100: Experts recommend five shares to buy today — 12 June 2025
Stocks to buy under ₹ 100: The Indian stock market continued to trade volatile for the sixth straight session on Wednesday. The Nifty 50 index ended higher for the sixth straight session and finished at 25,141. The BSE Sensex gained 123 points and closed at 82,515, while the Bank Nifty index went off 169 points and closed at 56,459. Sectorally, oil & gas, IT, and pharma were the major gainers, demonstrating strength even in a consolidating market. However, Nifty PSU Banks, FMCG, and metal sectors ended the day in the red. In a change from recent trends, the Nifty Mid-cap and Small-cap indices broke their winning streak today. The Nifty Mid-cap 100 Index fell by 0.49%, while the Nifty Small-cap 100 Index went down by 0.53%. However, market breadth remained decisively positive, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.24. 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 key economic data points, with US CPI data released on Wednesday, followed by the UK GDP print and India's CPI inflation reading, due on Thursday. Positive developments on the US-China trade front and the India-EU FTA could influence sentiment and set the tone for near-term market direction." Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after consolidating since the last two days, witnessed a volatile session with the initial half progressed ahead to scale the 25,200 zones while post-lunch session succumbed to profit booking to end near the 25,150 level with sentiment slightly turning cautious. The index has the 25,000 zones as the near-term support, while on the upside, the 25,500 level can be expected in the coming sessions once there is a breach above the hurdle of 25,200 levels, with overall bias maintained strong." "The Bank Nifty index has witnessed another session of profit booking to slip further from the peak made near the 57,000 zone, and with the 55,800 to 56,000 band maintained as the important support from the current level, the index is still in the strong territory but would need a decisive breach above the 57,000 level to anticipate for fresh upward move in the coming days to maintain the positive bias intact," Shiju Kuthupalakkal said. Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP—Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshil Jain, Head of Research at Lakshmishree Investment and Securities, recommended these five intraday stocks: Lloyds Enterprises, NMDC Steel, Sterlite Technologies, Fedders Holding, and Ugar Sugar Works. 1] Lloyds Enterprises: Buy at ₹ 73, Target ₹ 83, Stop Loss ₹ 70. 2] NMDC Steel: Buy at ₹ 40 to ₹ 41, Targets ₹ 42.40, ₹ 43.80, ₹ 46, Stop Loss ₹ 38.80; and 3] Sterlite Technologies: Buy at ₹ 76.50 to ₹ 77, Targets ₹ 78.50, ₹ 80, ₹ 82, ₹ 85, Stop Loss ₹ 74.60. 4] Fedders Holding: Buy at ₹ 50, Targets ₹ 53, ₹ 54.80, Stop Loss ₹ 48.40. 5] Ugar Sugar Works: Buy at ₹ 51, Target ₹ 58, Stop Loss ₹ 48 (Closing Basis). 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 making any investment decisions.