Stocks to buy under ₹100: Experts pick three shares to buy today — 28 February 2025
Will the Indian Stock Market Recover?
The Indian stock market has been oscillating between gains and losses, with the broader market under significant selling pressure and benchmark indices consolidating. As we dive into the world of investing, it’s essential to understand the current market scenario and identify potential opportunities for growth. In this article, we’ll explore the top stocks to buy under ₹100, as picked by experts, and understand the market’s outlook.
Stock Market Today: A Mixed Bag
As we begin the new trading day, the Indian equity markets are expected to continue their consolidation phase. Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, shares his insights on the stock market outlook: "The global uncertainties persist, with Donald Trump confirming the implementation of 25% tariffs on Canada and Mexico, and similar tariffs expected on the EU. Given these negative cues, the Indian markets are likely to remain under pressure in the coming sessions."
Stocks to Buy Under ₹100: Expert Recommendations
Our experts, 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, have identified the following three shares as potential intraday stocks to buy under ₹100:
1] Manali Petrochemicals (₹59 to ₹60.50)
Target: ₹61.50, ₹63, and ₹65
Stop Loss: ₹58
2] EaseMyTrip (Easy Trip Planners) (₹12)
Target: ₹12.70
Stop Loss: ₹11.60
3] Sarla Performance Fibers (₹76)
Target: ₹81
Stop Loss: ₹73
Expert Insights
Mahesh M Ojha, AVP — Research at Hensex Securities, believes that Manali Petrochemicals has immense potential and recommends buying it between ₹59 to ₹60.50, with a target of ₹61.50, ₹63, and ₹65, and stop loss of ₹58.
Sugandha Sachdeva, Founder of SS WealthStreet, suggests buying EaseMyTrip at ₹12, with a target of ₹12.70, and a stop loss of ₹11.60.
Anshul Jain, Head of Research at Lakshmishree Investment and Securities, recommends buying Sarla Performance Fibers at ₹76, with a target of ₹81, and a stop loss of ₹73.
Disclaimer:
This article is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Conclusion:
As we navigate the volatile Indian stock market, it’s crucial to stay informed about market trends and expert opinions. The stocks to buy under ₹100 listed above have the potential to yield strong returns, but it’s essential to set stop losses and targets accordingly. Remember, it’s always a good idea to diversify your portfolio and monitor market developments closely.
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Source:
This article is written by an expert and is a compilation of various sources, including news articles, research reports, and expert opinions. For more information on the stocks mentioned, please refer to the original sources.
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