Top 5 stocks to buy under ₹100: Lloyds, Bajaj HFL, Maharashtra Bank, GMR Airports, RBA by Sumeet Bagadia | Target, SL
AI Summary
The ongoing volatility in the Nifty 50 index, marked by a seven-week losing streak, suggests a challenging environment for retail investors. With key support levels identified, investors should be cautious and consider the potential for further declines if these levels are breached. The recommended stocks under ₹100 may present buying opportunities, but investors should remain vigilant and assess the broader market conditions before making commitments.
Stocks to buy under ₹100: The key benchmark indices of the Indian stock market remained volatile during the week, with the Nifty 50 index extending its weekly losing streak to seven consecutive weeks, marking its longest such losing run in six years. The benchmark came under significant selling pressure on Thursday, when the Nifty 50 index declined 1.64%, before recovering modestly on Friday amid value buying. Despite the late-week recovery, the 50-stock index closed the week down around 0.88% from the previous Friday’s close.
Sumeet Bagadia, Executive Director at Choice Broking, believes the outlook for the Indian stock market is sideways to bearish. The Eliot Wave expert said the crucial support for the Nifty 50 index is at 22,900–23,000, with resistance at 23,300–23,370.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 27 September 2026.
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