Sumeet Bagadia's top 5 stocks to buy under ₹100 | Sagility, Ujjivan, NTPC Green, Bajaj HFL, JAYNECO; target, stoploss
AI Summary
The current market environment, characterized by foreign fund outflows and rising US bond yields, presents a challenging backdrop for retail investors. With the Nifty 50 nearing critical support levels, investors should be cautious and monitor for potential rebounds, particularly if the index can close above 22,600. The recommended stocks under ₹100 may offer opportunities for bargain hunting, but investors should remain vigilant given the prevailing market volatility and the potential for further declines in the broader indices.
Sumeet Bagadia's share recommendations under ₹100: The key benchmark indices of the Indian stock market continued to bear the brunt of sharp foreign fund outflows and rising US bond yields amid the raging conflict in the Middle East. Investors are also perturbed by elevated crude oil prices and the resultant decline in the rupee against the dollar, leading to a broad market sell-off in domestic equities, although IT shares bucked the downward trend after the recent correction.
The Nifty 50 index finished at 22,421, logging a weekly loss for the eighth straight session, whereas the BSE Sensex fell nearly 2000 points. The Bank Nifty index finished at 54,450. All three key benchmark indices witnessed strong selling throughout the truncated week.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 03 October 2026.
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