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✦Reported by mint

Top 3 stocks to buy under ₹100: IRFC, Motherson Sumi, Lloyds Engineering Works by Sumeet Bagadia

Top 3 stocks to buy under ₹100: IRFC, Motherson Sumi, Lloyds Engineering Works by Sumeet Bagadia
Source: mint

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Sumeet Bagadia of Choice Broking recommended IRFC, Motherson Sumi, and Lloyds Engineering Works as top stocks to buy under ₹100.
  • ✓The Indian stock market showed a strong recovery last week, with the Nifty 50 gaining 2.8%.
  • ✓Bagadia said, "Immediate support is placed at 22,900-22,980, while resistance is seen at 23,250-23,300."

Story at a Glance

Category
MARKET
Reported By
mint
Reading Speed
3 Minute(s)
Market Focus
India Economy

Stock market outlook: Sumeet Bagadia of Choice Broking believes the Indian stock market bias has improved and buying at lower levels is visible

Stocks to buy under ₹100 | Sumeet Bagadia's stock recommendations: The key benchmark indices of the Indian stock market witnessed a strong recovery last week. After bleeding for eight straight weeks, all three key indices -- Sensex, Nifty 50 and the Bank Nifty -- ended higher for the second successive week. The Nifty 50 index ended 2.8% higher, while the BSE Sensex gained 2250 points last week. The Bank Nifty index gained 1.06% and finished at 55,844.

IT led sectoral gains with a 3.92% rise, while Media, Cement, Auto, Metal and PSU Bank also advanced. Mid Small Financial Services, Consumer Durables and Healthcare faced selling pressure.

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