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Mint
28-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 28 July 2025
Stocks to buy under ₹ 100: The Indian stock market extended its selling for the second straight session on Friday. The Nifty 50 index broke below the 50-DEMA support and finished nearly 400 points lower from the weekly high at 24,837. This marks Nifty's fourth consecutive week of losses, with a weekly decline of 0.53%. On Friday, Cipla, SBI Life, and Apollo Hospitals demonstrated strength in a broadly negative market, standing out as the Nifty's top performers. Conversely, it was a tough session for financial heavyweights, with Bajaj Finance, Shriram Finance, and IndusInd Bank ending as the major losers. Trading volumes on the NSE cash market were lower by 4% compared to yesterday. Baring, Nifty Pharma and Healthcare, and all other sectoral indices ended in red. Nifty Media, PSU Banks, Oil & Gas, and Metal fell sharply, registering the steepest declines and bearing the brunt of the selling pressure. The pain was even more acute in the broader market today, with the Nifty Midcap 100 and Smallcap 100 indices significantly underperforming the benchmark. The Nifty Midcap 100 Index plunged 1.61%, while the Nifty Smallcap 100 Index plummeted 2.10%. Market breadth remained weak for the seventh day, where declining shares surpassed advancers. The advance-decline ratio on the BSE stood at 0.40, the lowest since 19 June. On the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management, Motilal Oswal, said, "We expect the market to remain in consolidation mode amid continued uncertainty around the India-US trade deal, a mixed Q1FY26 earnings season so far, and intensifying FII outflows. Key results over the weekend include Kotak Mahindra Bank, Macrotech Developers, and CDSL, amongst others." Speaking on the outlook of the Nifty 50 today, Rajesh Bhosale, Equity Technical Analyst, Angel One, said, "The chart structure has deteriorated for the bulls. On the daily chart, the Nifty 50 had been trading within a "Rising Channel" pattern since May. However, this week's breakdown below the channel's lower boundary confirms a bearish reversal. Importantly, this breakdown is accompanied by a bearish gap, which qualifies as a "Breakaway Gap", adding further conviction to the bearish setup. Additionally, the index has broken below the 50-DEMA, a level that had previously provided strong support. This shift marks a significant change in short-term momentum for the bears. On the indicator front, the RSI Smoothened has slipped below 39, a level not seen since the April swing lows, reinforcing the weakening trend. These signals suggest the potential for deeper downside, possibly towards the 200-day SMA, which lies in the 24,200–24,000 zone. For the coming week, immediate support is placed near the 89-day EMA at 24,650, followed by the 24,500 level, which has acted as a strong base during the May–June consolidation phase. On the upside, the bearish gap and the 50-DEMA zone around 24,950–25,000 now act as immediate resistance, while the 25,250 level, the high of the last two weeks, remains a stiff barrier." Asked about the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index continued with the slide with a weak candle indication on the daily chart, and once again is on the way to retest the important 50-DEMA zone near the 56,000 level, which is the crucial support. The index needs to sustain the 50-DEMA zone to keep the bias intact; otherwise, it can trigger a fresh downward slide in the coming sessions. At the same time, on the upside, Parekh added that the tough resistance barrier near the 57,300 zone needs to be breached decisively to expect fresh upward movement and strengthen the trend." Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Mehul Kothari, Deputy Vice President — Technical Research at Anand Rathi; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks for today — Bodal Chemicals, IOB, Hazoor Multi Projects, and DCW. 1] Bodal Chemicals: Buy at ₹ 74.40, Target ₹ 78, Stop Loss ₹ 72. 2] IOB: Buy at ₹ 37 to ₹ 38, Target ₹ 42, Stop Loss ₹ 36. 3] Hazoor Multi Projects: Buy at ₹ 39.50, Targets ₹ 41.70, ₹ 42.50, Stop Loss ₹ 38.50. 4] DCW: Buy at ₹ 79, Target ₹ 85, Stop Loss ₹ 75.
Mint
28-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 28 July 2025
Stocks to buy under ₹ 100: The Indian stock market extended its selling for the second straight session on Friday. The Nifty 50 index broke below the 50-DEMA support and finished nearly 400 points lower from the weekly high at 24,837. This marks Nifty's fourth consecutive week of losses, with a weekly decline of 0.53%. On Friday, Cipla, SBI Life, and Apollo Hospitals demonstrated strength in a broadly negative market, standing out as the Nifty's top performers. Conversely, it was a tough session for financial heavyweights, with Bajaj Finance, Shriram Finance, and IndusInd Bank ending as the major losers. Trading volumes on the NSE cash market were lower by 4% compared to yesterday. Baring, Nifty Pharma and Healthcare, and all other sectoral indices ended in red. Nifty Media, PSU Banks, Oil & Gas, and Metal fell sharply, registering the steepest declines and bearing the brunt of the selling pressure. The pain was even more acute in the broader market today, with the Nifty Midcap 100 and Smallcap 100 indices significantly underperforming the benchmark. The Nifty Midcap 100 Index plunged 1.61%, while the Nifty Smallcap 100 Index plummeted 2.10%. Market breadth remained weak for the seventh day, where declining shares surpassed advancers. The advance-decline ratio on the BSE stood at 0.40, the lowest since 19 June. On the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management, Motilal Oswal, said, "We expect the market to remain in consolidation mode amid continued uncertainty around the India-US trade deal, a mixed Q1FY26 earnings season so far, and intensifying FII outflows. Key results over the weekend include Kotak Mahindra Bank, Macrotech Developers, and CDSL, amongst others." Speaking on the outlook of the Nifty 50 today, Rajesh Bhosale, Equity Technical Analyst, Angel One, said, "The chart structure has deteriorated for the bulls. On the daily chart, the Nifty 50 had been trading within a "Rising Channel" pattern since May. However, this week's breakdown below the channel's lower boundary confirms a bearish reversal. Importantly, this breakdown is accompanied by a bearish gap, which qualifies as a "Breakaway Gap", adding further conviction to the bearish setup. Additionally, the index has broken below the 50-DEMA, a level that had previously provided strong support. This shift marks a significant change in short-term momentum for the bears. On the indicator front, the RSI Smoothened has slipped below 39, a level not seen since the April swing lows, reinforcing the weakening trend. These signals suggest the potential for deeper downside, possibly towards the 200-day SMA, which lies in the 24,200–24,000 zone. For the coming week, immediate support is placed near the 89-day EMA at 24,650, followed by the 24,500 level, which has acted as a strong base during the May–June consolidation phase. On the upside, the bearish gap and the 50-DEMA zone around 24,950–25,000 now act as immediate resistance, while the 25,250 level, the high of the last two weeks, remains a stiff barrier." Asked about the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index continued with the slide with a weak candle indication on the daily chart, and once again is on the way to retest the important 50-DEMA zone near the 56,000 level, which is the crucial support. The index needs to sustain the 50-DEMA zone to keep the bias intact; otherwise, it can trigger a fresh downward slide in the coming sessions. At the same time, on the upside, Parekh added that the tough resistance barrier near the 57,300 zone needs to be breached decisively to expect fresh upward movement and strengthen the trend." Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Mehul Kothari, Deputy Vice President — Technical Research at Anand Rathi; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks for today — Bodal Chemicals, IOB, Hazoor Multi Projects, and DCW. 1] Bodal Chemicals: Buy at ₹ 74.40, Target ₹ 78, Stop Loss ₹ 72. 2] IOB: Buy at ₹ 37 to ₹ 38, Target ₹ 42, Stop Loss ₹ 36. 3] Hazoor Multi Projects: Buy at ₹ 39.50, Targets ₹ 41.70, ₹ 42.50, Stop Loss ₹ 38.50. 4] DCW: Buy at ₹ 79, Target ₹ 85, Stop Loss ₹ 75. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
26-07-2025
- Business
- Mint
Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — 28 July 2025
Buy or sell stocks: The Indian stock market extended its selling for the second straight session on Friday. The Nifty 50 index broke below the 50-DEMA support and finished nearly 400 points lower from the weekly high at 24,837. This marks Nifty's fourth consecutive week of losses, with a weekly decline of 0.53%. Cipla, SBI Life, and Apollo Hospitals demonstrated strength in a broadly negative market, standing out as the Nifty's top performers on Friday. Conversely, it was a tough session for financial heavyweights, with Bajaj Finance, Shriram Finance, and IndusInd Bank ending as the major losers. Trading volumes on the NSE cash market were lower by 4% compared to yesterday. Baring, Nifty Pharma and Healthcare, and all other sectoral indices ended in red. Nifty Media, PSU Banks, Oil & Gas, and Metal fell sharply, registering the steepest declines and bearing the brunt of the selling pressure. The pain was even more acute in the broader market today, with the Nifty Midcap 100 and Smallcap 100 indices significantly underperforming the benchmark. The Nifty Midcap 100 Index plunged 1.61%, while the Nifty Smallcap 100 Index plummeted 2.10%. Market breadth remained weak for the seventh day, where declining shares surpassed advancers. The advance-decline ratio on the BSE stood at 0.40, the lowest since 19 June. Sumeet Bagadia, Executive Director at Choice Broking, believes the Indian stock market bias has weakened as the Nifty 50 index has decisively broken below the 50-DEMA support of 24,900. The Choice Broking expert said the key benchmark index may try to touch 24,700 to 24,650 levels in the subsequent few sessions. However, the crucial support for the 50-stock index is now placed at 24,500, whereas the index faces a hurdle of 25,050. He advised investors to maintain a stock-specific approach and look at those stocks that look strong on the technical chart. Regarding stocks to buy next week, Sumeet Bagadia recommended buying these three technically strong stocks: Sun Pharmaceutical Industries, HDFC Life Insurance Company, and Jindal Steel And Power. 1] Sun Pharma: Buy at ₹ 1699, Target ₹ 1850, Stop Loss ₹ 1620. Sun Pharma's share trades at ₹ 1,699 and maintains its overall uptrend, forming a consistent pattern of higher highs and lows. After recently reaching a record high, the stock has retraced toward its demand zone and is currently consolidating within a well-defined range. This consolidation phase appears constructive, supported by steady accumulation and consistent trading volumes, indicating growing buying interest at lower levels. The ongoing consolidation near key support zones sets the stage for a potential reversal. A sustained move above the ₹ 1,730 mark could act as a strong confirmation of this reversal and may open the door for a renewed upward trajectory. Such a breakout would end the current range-bound price action and reinforce the continuation of the broader uptrend. Given the encouraging chart setup, improving momentum, and volume-backed accumulation near demand zones, traders may consider buying Sun Pharma shares at ₹ 1,699, with a stop-loss at ₹ 1,620 to manage downside risk. A breakout and sustained move above ₹ 1,730 could pave the way for an upside toward ₹ 1,850 in the short to medium term, offering a favourable risk-reward opportunity for positional traders. 2] HDFC Life: Buy at ₹ 762.35, Target ₹ 825, Stop Loss ₹ 730. HDFC Life's share price is currently trading at ₹ 762.35 and remains in a broad uptrend, marked by a consistent formation of higher highs and higher lows on the higher timeframes over the past several months. After hitting a record high recently, the stock has undergone a healthy retracement, moving toward its demand zones, which has helped constructively reset the momentum. The stock shows signs of a potential reversal from these demand zones, supported by a stabilising price structure and renewed buying interest. A sustained move above the ₹ 775 mark could act as a breakout trigger and pave the way for the stock to resume its upward momentum, potentially revisiting its previous highs and extending beyond them in the near term. Considering the positive long-term structure, early signs of reversal, and momentum recovery, traders may look to buy HDFC Life shares at the current market price of ₹ 762.35, with a stop-loss placed at ₹ 730 to limit downside risk. A breakout and sustained move above ₹ 775 could unlock upside potential toward ₹ 825, offering an attractive setup for positional traders. 3] Jindal Steel And Power: Buy at ₹ 1000, Target ₹ 1090, Stop Loss ₹ 955. Jindal Steel's share price closed the day at ₹ 1,000.15, showcasing a strong technical breakout that signals the beginning of a potential uptrend. The stock recently completed the formation of a classic Inverted Head & Shoulders pattern, which is widely recognised as a bullish reversal structure, typically marking the end of a prior downtrend. The breakout above the neckline resistance at ₹ 980, backed by rising volumes, indicates a confirmed trend reversal with growing bullish momentum. The stock is now trading well above all its key exponential moving averages across short-term, medium-term, and long-term timeframes, reinforcing the strength of the ongoing upward trend. This alignment of moving averages adds credibility to the breakout and supports the case for continued bullish action. Momentum indicators are also in sync with the price structure. The Relative Strength Index (RSI) is in the bullish zone, reflecting strong buying interest, while the MACD is likely showing a positive crossover, supporting the ongoing trend. Additionally, the price is riding the upper Bollinger Band, a classic signal of trend strength and a potential sign of sustained momentum. Given the breakout structure, rising volumes, and momentum confirmation, traders may consider buying JINDALSTEL at the current market price of ₹ 1,000.15, with a stop-loss at ₹ 955 to manage downside risk. A sustained move above ₹ 1,000 could lead to further upside toward ₹ 1,090 in the short to medium term, offering a favourable setup for traders and investors. 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.
Mint
22-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 22 July 2025
Stocks to buy under ₹ 100: After a weak opening, the Indian stock market witnessed strong buying at the lower levels, and all three key benchmark indices finished with decent gains. The Nifty 50 index regained the psychological 25,000 and finished 122 points higher at 25,090. The BSE Sensex registered a 442-point gain and closed at 82,200, whereas the Bank Nifty index ended 669 points northward at 56,952. Eternal, ICICI Bank and HDFC Bank emerged as the top performers in the Nifty. Conversely, Reliance, Wipro, and IndusInd Bank concluded the session as the major losers. Trading volumes on the NSE cash market were slightly lower by 3% compared to the previous session. Among the sectoral indices, Nifty Financial Services, Nifty Bank, and Metal emerged as major gainers, playing a crucial role in the Nifty's rebound. On the other hand, OIL/GAS, PSU Banks, and FMCG faced the steepest declines, contributing significantly to the overall market fall. The Nifty Midcap 100 Index gained 0.62%, while the Nifty Smallcap 100 Index underperformed the Benchmark, ending flat. Market breadth remained negative, with declining stocks outnumbering advancing ones on the BSE, as indicated by an advance-decline ratio of 0.90. On the Indian stock market's outlook today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect the market to remain range-bound, tracking quarterly earnings outcomes and developments on the India-US trade deal. Key results scheduled for Tuesday include Colgate, JSW Infra, Dixon Tech, and Paytm, amongst others." Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The short-term trend of the Nifty 50 index remains weak, but a decisive move above the key overhead resistance of 25,250 is likely to negate the bearish sentiment in the near term. Any weakness from the lower highs could revisit the recent swing low of 24,882." Asked about the outlook of the Bank Nifty index, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, 'The Bank Nifty index recovered strongly from the base of the 56,200 zone with a positive bullish candle formation on the daily chart on the back of good results from HDFC Bank and ICICI Bank, which helped in pulling the index and is expected to rise further with a bias improving. On the upside, the index would need to breach above the resistance zone of 57,600 level and, thereafter, expect fresh higher targets of 58,500 and 60,000 levels in the coming days, as mentioned earlier.' Regarding stocks to buy today, Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, Sugandha Sachdeva, Founder of SS WealthStreet, and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks for today under ₹ 100: SJVN, Lloyds Enterprises, Andhra Paper, and Morepen Laboratories. 1] SJVN: Buy at ₹ 99, Target ₹ 110, Stop Loss ₹ 95; and 2] Lloyds Enterprises: Buy at ₹ 82, Target ₹ 92, Stop Loss ₹ 76. 3] Andhra Paper: Buy at ₹ 81, Target ₹ 86, Stop Loss ₹ 80; and 4] Morepen Laboratories: Buy at ₹ 62, Target ₹ 67, Stop Loss ₹ 60. 5] South Indian Bank: Buy at ₹ 29, Targets ₹ 31, ₹ 32.20, Stop Loss ₹ 27.80.
Mint
22-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 22 July 2025
Stocks to buy under ₹ 100: After a weak opening, the Indian stock market witnessed strong buying at the lower levels, and all three key benchmark indices finished with decent gains. The Nifty 50 index regained the psychological 25,000 and finished 122 points higher at 25,090. The BSE Sensex registered a 442-point gain and closed at 82,200, whereas the Bank Nifty index ended 669 points northward at 56,952. Eternal, ICICI Bank and HDFC Bank emerged as the top performers in the Nifty. Conversely, Reliance, Wipro, and IndusInd Bank concluded the session as the major losers. Trading volumes on the NSE cash market were slightly lower by 3% compared to the previous session. Among the sectoral indices, Nifty Financial Services, Nifty Bank, and Metal emerged as major gainers, playing a crucial role in the Nifty's rebound. On the other hand, OIL/GAS, PSU Banks, and FMCG faced the steepest declines, contributing significantly to the overall market fall. The Nifty Midcap 100 Index gained 0.62%, while the Nifty Smallcap 100 Index underperformed the Benchmark, ending flat. Market breadth remained negative, with declining stocks outnumbering advancing ones on the BSE, as indicated by an advance-decline ratio of 0.90. On the Indian stock market's outlook today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect the market to remain range-bound, tracking quarterly earnings outcomes and developments on the India-US trade deal. Key results scheduled for Tuesday include Colgate, JSW Infra, Dixon Tech, and Paytm, amongst others." Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The short-term trend of the Nifty 50 index remains weak, but a decisive move above the key overhead resistance of 25,250 is likely to negate the bearish sentiment in the near term. Any weakness from the lower highs could revisit the recent swing low of 24,882." Asked about the outlook of the Bank Nifty index, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, 'The Bank Nifty index recovered strongly from the base of the 56,200 zone with a positive bullish candle formation on the daily chart on the back of good results from HDFC Bank and ICICI Bank, which helped in pulling the index and is expected to rise further with a bias improving. On the upside, the index would need to breach above the resistance zone of 57,600 level and, thereafter, expect fresh higher targets of 58,500 and 60,000 levels in the coming days, as mentioned earlier.' Regarding stocks to buy today, Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks for today under ₹ 100: SJVN, Lloyds Enterprises, Andhra Paper, and Morepen Laboratories. 1] SJVN: Buy at ₹ 99, Target ₹ 110, Stop Loss ₹ 95; and 2] Lloyds Enterprises: Buy at ₹ 82, Target ₹ 92, Stop Loss ₹ 76. 3] Andhra Paper: Buy at ₹ 81, Target ₹ 86, Stop Loss ₹ 80; and 4] Morepen Laboratories: Buy at ₹ 62, Target ₹ 67, Stop Loss ₹ 60. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
