Now Reading: Three stocks under Rs 100 to buy this week, say analysts
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Three stocks under Rs 100 to buy this week, say analysts
Indian indices ended the week higher despite volatility. Nifty closed at 24,570.65 (up 0.77% for the week) and Sensex at 78,499.17 (up 0.52%). For Monday, Sumeet Bagadia of Choice Broking has recommended…
The Story in Brief
Indian indices ended the week higher despite volatility. Nifty closed at 24,570.65 (up 0.77% for the week) and Sensex at 78,499.17 (up 0.52%). For Monday, Sumeet Bagadia of Choice Broking has recommended three stocks under Rs 100: Confidence Petroleum India (buy at Rs 81.28, target Rs 89.50), Bank of Maharashtra (buy at Rs 78.28, target Rs 85), and Filatex India (buy at Rs 83.33, target Rs 91.50).
Ganesh Dongre of Anand Rathi has separately advised buying Kotak Mahindra Bank (Rs 385-390, target Rs 405), Wipro (Rs 185-190, target Rs 200), and Piramal Finance (Rs 2,100-2,110, target Rs 2,200). Five key triggers for the coming week are Q1 results (Vodafone Idea, HAL, Tata Motors), July CPI data on August 12, the US-Iran war and Strait of Hormuz standoff, crude oil prices, and FII flow trends.
The Indian Opinion
Stock tips are easy to hand out but hard to act on. The three sub-Rs 100 buys from Choice Broking and the three higher-priced picks from Anand Rathi come with precise targets and stop-losses. Yet with the US-Iran conflict pushing crude above $83 and July CPI data due on Wednesday, next week could be choppy. The real test? Watch if FII buying sustains or if the new CAS framework shakes F&O volumes.
Sources (3): livemint.com, livemint.com (2), livemint.com (3)
This story was synthesised by AI from the 3 sources linked above.
