Stocks to buy under ₹ 100: Sumeet Bagadia recommends three shares to buy on Monday – 16 June 2025

Stocks to buy under 100: Indian Stock Market Suffered Significant Losses in the Last Two Consecurable Sessions Due to Heightened Geopolitical Tensions and Persisting Uncesty Surroarding the us tariff policy. Benchmark Nifty 50 Cumulatively Lost 1.7 per cent in the last two days, while for the week, it lost 1.14 per cent.

Foreign Portfolio Investors (FPIS) have been offloading Indian rights for the last three serious sessions in the cash market. Overall for June so far, fipis have sold off Indian equities Worth 4,812.39 Crore.

Sumeet Bagadia’s stock recommendations

Sumeet Bagadia, Executive Director at Choice Broking, Point Out that Immediate Support for the Nifty 50 is at 24,500, and a breach of it on a closing base

“The Indian Stock Market Sentiment has Turned Cutious as The Nifty 50 Index has made a new support at 24,000, while its immediane support, placed at 24,500, looks Vulnerable Due to the ISRAL-Airan War Buzz, “Said Bagadia.

“The Market Bias May Turn Weak Once The Key Benchmark Index Breaks BELOW 24,500 on a Closing Basis,” Bagadia said.

Stocks to buy under 100

Regarding Stocks to Buy Under 100, Sumeet Bagadia recommended buying these three shares: sigachi industry, udaipur cement work and asian granito India.

Sigachi Industries | Buy in cash at 58.43 | Target price: 62.5 | Stop Loss: 56.

Udaipur Cement Works | Buy in cash at 30.98 | Target price: 33.5 | Stop Loss: 29.8.

Asian Granito India | Buy in cash at 66.62 | Target price: 71 | Stop Loss: 64.

Disclaimer: The views and recommendations provided in this analysis are that of individual analysts or broking companies, not mint. We Strongly Advise Investors to Consult With Certified Experts Before Making Any Investments Decisions, as Market Conditions Can Change Rapidly and Individual Circumstances May Vary.