Stocks to buy under ₹100: Experts recommend six shares to buy today — 6 June 2025

Stock market today: Ahead of the weekly expiry, the Indian stock market ended higher on Thursday. The Nifty 50 index ended 130 points higher at 24,750, the BSE Sensex finished 443 points upside at 81,442, while the Bank Nifty index added 84 points and closed at 55,760. Eternal, Trent and Dr Reddy were major gainers on the Nifty, while major losers were IndusInd Bank, Tata Consumer, and Axis Bank. Trading volumes on the NSE cash market were higher by 6% compared to Wednesday's session.
The Mid-cap and the Small-cap indices continued to outperform the benchmark. The Nifty Mid-cap 100 Index rose by 0.53%, while the Nifty Small-cap 100 Index surged by 0.96%. Nifty small-cap index continued its upward journey for the fourth day to close at a four-month high. Market breadth remained positive for the fourth consecutive day, with advancing stocks outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.33.
On the outlook of the Nifty 50 today, Devarsh Vakil, Head of Prime Research at HDFC Securities, said, "Technically, the Nifty has regained its level above the 20-day EMA, indicating a potential strengthening of the underlying trend. The index appears to have established a strong base near 24,500. On the upside, 24,900 could offer short-term resistance for the Nifty, as investors also looked ahead to the Reserve Bank of India's (RBI) monetary policy decision on June 6, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time."
Asked about the outlook of the Bank Nifty today, Om Mehra, Technical Research Analyst, SAMCO Securities, said, "The Bank Nifty index is trading above all major moving averages, and the ascending triangle visible on the daily chart suggests the potential for an upward push. A close above 56,162 could open room for a fresh leg of gains."
Speaking on the outlook for the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, 'We expect markets to consolidate with a positive bias, tracking global markets, macro-economic indicators and progress in US-India trade negotiations.'
Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; 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 — recommended these six intraday stocks for today under ₹ 100: Shriram Properties, Subex, Sagility India, Ujjivan Small Finance Bank, YATRA, and Ugar Sugar.
1] Shriram Properties: Buy at ₹ 97.95, Target ₹ 103, Stop Loss ₹ 95.50; and
2] Subex: Buy at ₹ 15.30, Target ₹ 18, Stop Loss ₹ 14.
3] Sagility India: Buy at ₹ 38.50 to ₹ 39.10, Targets ₹ 40.75, ₹ 42.50, ₹ 45, Stop Loss ₹ 37.70; and
4] Ujjivan Small Finance Bank: Buy at ₹ 44 to ₹ 44.60, Targets ₹ 45.60, ₹ 46.50, ₹ 48, ₹ 50, Stop Loss ₹ 42.80.
5] YATRA: Buy at ₹ 95.90, Targets ₹ 100.80, ₹ 104, Stop Loss ₹ 93.80.
6] Ugar Sugar: Buy at ₹ 49.70, Target ₹ 53, Stop Loss ₹ 48.50.
Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

First Post

35 minutes ago

• First Post

Heightened tensions in West Asia pull Sensex & Nifty down, but defence stocks soar

Shares of Apollo Micro Systems and IdeaForge Technology surged 10% each. GRSE stocks rose 6.25%, while Swan Defence and Heavy Industries gained nearly 5% read more A man passes by the Bombay Stock Exchange (BSE) building on the day of Union Budget 2025-26 presentation, in Mumbai. File image/PTI Indian equity markets slid Monday as tensions in the Middle East escalated after the United States launched airstrikes on Iran's nuclear infrastructure, unnerving investors and triggering broad-based selling across major indices. The benchmark BSE Sensex fell 511.38 points, or 0.62 per cent, to close at 81,896.79. It had dropped as much as 931.41 points, or 1.13 per cent, earlier in the session. The NSE Nifty declined 140.50 points, or 0.56 per cent, to settle at 24,971.90. STORY CONTINUES BELOW THIS AD Markets reacted to news that the US had directly entered the Israel-Iran conflict by striking Iran's Fordow, Natanz, and Isfahan nuclear sites over the weekend. While the conflict raised concerns about broader regional instability and energy supply disruptions, initial fears around oil shocks remained contained. Brent crude gained 0.49 per cent to trade at $77.39 a barrel. The rising geopolitical uncertainty weighed on frontline indices, but Indian defence sector stocks rallied strongly on expectations of higher spending and order flows. Shares of Apollo Micro Systems and IdeaForge Technology surged 10 per cent. Garden Reach Shipbuilders & Engineers rose 6.25 per cent, while Swan Defence and Heavy Industries gained up to 5 per cent. The sector's outperformance followed months of recovery. After a five-month period of weakness attributed to valuation concerns, defence stocks began to rebound in March and gained further traction in April and May. The momentum intensified after Operation Sindoor, during which India showcased its indigenous defence capabilities, including intercepting drones and missiles launched by Pakistan, according to a report by The Mint. Sentiment was further lifted by Prime Minister Narendra Modi's recent reiteration of the government's commitment to self-reliance in defence production under the Make in India initiative. Despite the day's volatility, select capital goods and metals stocks provided support to the market. Investors monitored global cues closely, with attention focused on whether Iran would retaliate further or escalate the conflict into the Strait of Hormuz, a key oil transit route. STORY CONTINUES BELOW THIS AD Market participants are expected to remain cautious amid heightened geopolitical risks, even as underlying domestic trends in select sectors remain resilient. With inputs from agencies

India Gazette

39 minutes ago

• India Gazette

India's export sector resilient even as geopolitical tensions test global trade stability: FIEO President

New Delhi [India], June 23 (ANI) India's export sector remains 'resilient and adaptive' at a time geopolitical tensions in the Middle East, including the ongoing Iran-Israel conflict, pose certain challenges to global trade dynamics, President of Federation of Indian Export Organisations (FIEO) SC Ralhan said. 'Our trade with both Iran and Israel, while important, constitutes a small share of our overall export-import basket. The government and industry are jointly monitoring developments to ensure minimal disruption,' the exporters' body chief said. FIEO said it anticipates some short-term impact on demand and logistics, particularly in the Gulf region, which serves as a crucial hub for Indian exports. 'Increased shipping costs, longer transit times, and rising marine insurance premiums may add pressure, especially in price-sensitive sectors,' he added. However, he noted that Indian exporters have repeatedly demonstrated agility in rerouting shipments, diversifying markets, and managing financial exposures. 'The robust MSME and large-scale exporters, coupled with strong government support mechanisms, will help cushion any near-term shocks,' he noted. Crude oil price volatility is being closely watched, as it can influence inflation and logistics costs. However, India's diversified energy procurement strategy and the Reserve Bank's proactive stance help maintain liquidity and macroeconomic stability. Over the years, India has diversified its energy supplies, and a large volume of them do not come through the Strait of Hormuz now. Oil Marketing Companies have supplies for several weeks and continue to receive energy supplies from several routes. Petroleum Minister Hardeep Puri vowed his ministry will take all necessary steps to ensure the stability of fuel supplies to citizens. 'Overall, while there are temporary headwinds, we see this as an opportunity for Indian exporters to explore alternate routes, strengthen regional partnerships, and consolidate India's role as a reliable trade partner in uncertain times,' the FIEO President said. The FIEO said it is committed to supporting exporters with timely guidance, market intelligence, and policy advocacy to ensure continued momentum in the global trade journey. (ANI)

India Gazette

39 minutes ago

• India Gazette

Hitachi Construction Machinery places India at core of its global strategy

Tokyo [Japan], June 23 (ANI): Toru Takatani, President of the Global Marketing Group at Hitachi Construction Machinery, shared deep insights into the company's longstanding partnership with India and its global vision for the future. Hitachi Construction Machinery, a global leader in the construction equipment sector, especially hydraulic excavators, has been a key player in shaping infrastructure projects across continents. The company's India journey began in 1984, when it initiated a technological collaboration with the Tata Group. This strategic alliance introduced advanced Japanese welding and machine processing technologies to the Indian landscape. What started as a partnership has now evolved into TATA Hitachi Construction Machinery, a flagship brand with manufacturing units in Kharagpur and Dharwad, and a national headquarters in Bangalore. The Bangalore HQ not only handles sales and service operations across the country but also supports a vast fleet of over 40,000 Hitachi machines currently in use throughout India. President Takatani drew a compelling comparison between Japan and India to highlight market potential. 'Japan, with a population of 120 million, has a construction machinery demand of about 22,000 units annually,' he said. 'India, on the other hand, has a population of 1.4 billion but the machinery demand stands at only 27,000 units. The gap shows massive potential for growth.' One of Tata Hitachi's proudest innovations is its unique 'ConSite' system--short for Consolidated Solution for Construction Sites. This digital platform integrates GPS and sensor technology to monitor machine conditions in real time. Through PCs or smartphones, machine status--including operational data, oil levels, and damage reports--can be remotely accessed. Interestingly, President Takatani highlighted that the implementation of ConSite in India was smoother than in many other countries, praising India's robust digital ecosystem. 'This is proof that India is truly an IT Kingdom,' he remarked. Beyond domestic operations, Tata Hitachi's facilities in India serve as a major export hub. Machines tailored for the diverse needs of 15 countries--including those in Southeast Asia, Africa, and the Middle East--are manufactured in India and shipped globally. Recognising India's engineering talent, Hitachi Construction Machinery has established a Research & Development Centre in India. The centre is expected to house 200 engineers, focusing on developing products not just for India, but for the global market--including Japan. While the company has long aligned with the 'Make in India' vision, its current direction reflects a broader ambition: 'Design and Lead from India'. President Takatani emphasised that India is not just a production base, but an innovation and leadership hub in Hitachi's global strategy. With its strong partnership with Tata, focus on digital transformation, and rising role in global manufacturing and R&D, Hitachi Construction Machinery is firmly positioning India at the heart of its international operations. (ANI)