Latest news with #PrabhudasLilladher
Mint
20 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 20 June 2025
Stocks to buy under ₹ 100: Amid rising geopolitical tension caused by the Israel-Iran war, the Indian stock market extended its downside trend for the third straight session on Thursday. The Nifty 50 index ended 18 points lower at 24,793, the BSE Sensex finished 82 points lower at 81,361, while the Bank Nifty index corrected 251 points and closed at 55,577. Tata Consumer, Eicher Motors, and M&M emerged as top performers on the Nifty. Conversely, Adani Ports, Bajaj Finance, and Shriram Finance concluded the session as major losers of the Nifty. Trading volumes on the NSE cash market were lower by 23% compared to the average volumes of the last ten days. Across sectors, the selling pressure was widespread. Barring Nifty Auto, all other sectoral indices ended in the red. Nifty PSU Banks, Media, Realty, Metal, and IT witnessed the most significant declines. The Nifty Midcap and Smallcap Indices witnessed considerable selling pressure, with the Nifty Midcap 100 Index plummeting by 1.63%, while the Nifty Smallcap 100 Index plunged by 2%. Market breadth remained weak for the seventh consecutive day, with declining stocks sharply outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.32, the lowest since 06 May. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index amid the geopolitical tensions has managed to show resilience sustaining near the 24,800 zone for quite some time with very narrow movement witnessed as of now and currently is precariously placed having the crucial and important support zone positioned at 24,500 and at the same time, would need a decisive move above the 25,200 to anticipate for further fresh upward move." "The Bank Nifty index witnessed some profit booking from near the 56000 zone and closed near the 55600 level with overall bias maintained with a cautious approach and anticipating fresh developments in the coming sessions, which shall decide the further directional move of the index. The index has been precariously placed and would need a decisive move above the 56000 zone, as mentioned earlier, to turn the bias positive and, at the same time, would need to sustain the near-term support positioned near the 55000 level to maintain the overall trend intact," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding intraday stocks for today, Mahesh M Ojha, AVP — Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended four stocks to buy under ₹ 100: ESAF Small Finance Bank, Sat Industries, Imagicaaworld Entertainment, and Morepen Laboratories. 1] ESAF Small Finance Bank: Buy at ₹ 30.15 to ₹ 31.15, Targets ₹ 32.50, ₹ 34, ₹ 36, Stop Loss ₹ 28.80; and 2] Sat Industries: Buy at ₹ 96.25 to ₹ 97.25, Targets ₹ 99, ₹ 102, ₹ 105, Stop Loss ₹ 94.50. 3] Imagicaaworld Entertainment: Buy at ₹ 66.25, Target ₹ 69.50, Stop loss ₹ 64.50. 4] Morepen Laboratories: Buy at ₹ 60, Target ₹ 63.50, Stop Loss ₹ 58.50.
Mint
a day ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 20 June 2025
Stocks to buy under ₹ 100: Amid rising geopolitical tension caused by the Israel-Iran war, the Indian stock market extended its downside trend for the third straight session on Thursday. The Nifty 50 index ended 18 points lower at 24,793, the BSE Sensex finished 82 points lower at 81,361, while the Bank Nifty index corrected 251 points and closed at 55,577. Tata Consumer, Eicher Motors, and M&M emerged as top performers on the Nifty. Conversely, Adani Ports, Bajaj Finance, and Shriram Finance concluded the session as major losers of the Nifty. Trading volumes on the NSE cash market were lower by 23% compared to the average volumes of the last ten days. Across sectors, the selling pressure was widespread. Barring Nifty Auto, all other sectoral indices ended in the red. Nifty PSU Banks, Media, Realty, Metal, and IT witnessed the most significant declines. The Nifty Midcap and Smallcap Indices witnessed considerable selling pressure, with the Nifty Midcap 100 Index plummeting by 1.63%, while the Nifty Smallcap 100 Index plunged by 2%. Market breadth remained weak for the seventh consecutive day, with declining stocks sharply outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.32, the lowest since 06 May. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index amid the geopolitical tensions has managed to show resilience sustaining near the 24,800 zone for quite some time with very narrow movement witnessed as of now and currently is precariously placed having the crucial and important support zone positioned at 24,500 and at the same time, would need a decisive move above the 25,200 to anticipate for further fresh upward move." "The Bank Nifty index witnessed some profit booking from near the 56000 zone and closed near the 55600 level with overall bias maintained with a cautious approach and anticipating fresh developments in the coming sessions, which shall decide the further directional move of the index. The index has been precariously placed and would need a decisive move above the 56000 zone, as mentioned earlier, to turn the bias positive and, at the same time, would need to sustain the near-term support positioned near the 55000 level to maintain the overall trend intact," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding intraday stocks for today, Mahesh M Ojha, AVP — Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended four stocks to buy under ₹ 100: ESAF Small Finance Bank, Sat Industries, Imagicaaworld Entertainment, and Morepen Laboratories. 1] ESAF Small Finance Bank: Buy at ₹ 30.15 to ₹ 31.15, Targets ₹ 32.50, ₹ 34, ₹ 36, Stop Loss ₹ 28.80; and 2] Sat Industries: Buy at ₹ 96.25 to ₹ 97.25, Targets ₹ 99, ₹ 102, ₹ 105, Stop Loss ₹ 94.50. 3] Imagicaaworld Entertainment: Buy at ₹ 66.25, Target ₹ 69.50, Stop loss ₹ 64.50. 4] Morepen Laboratories: Buy at ₹ 60, Target ₹ 63.50, Stop Loss ₹ 58.50. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
a day ago
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three intraday stocks for today — 20 June 2025
Buy or sell stocks: Amid rising geopolitical tension caused by the Israel-Iran war, the Indian stock market extended its downside trend for the third straight session on Thursday. The Nifty 50 index ended 18 points lower at 24,793, the BSE Sensex finished 82 points lower at 81,361, while the Bank Nifty index corrected 251 points and closed at 55,577. Tata Consumer, Eicher Motors, and M&M emerged as top performers on the Nifty. Conversely, Adani Ports, Bajaj Finance, and Shriram Finance concluded the session as major losers of Nifty. Trading volumes on the NSE cash market were lower by 23% compared to average volumes of the last ten days. Across sectors, the selling pressure was widespread. Barring Nifty Auto, all other sectoral indices ended in the red. Nifty PSU Banks, Media, Realty, Metal, and IT witnessed the most significant declines among them. The Nifty Midcap and Smallcap Indices witnessed considerable selling pressure, with the Nifty Midcap 100 Index plummeting by 1.63%, while the Nifty Smallcap 100 Index plunged by 2%. Market breadth remained weak for the seventh consecutive day, with declining stocks sharply outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.32, the lowest since 06 May. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market trend is cautious. The Nifty 50 index is sustaining above its immediate support of 24,800. The Prabhudas Lilladher expert said the benchmark index has crucial support at 24,500, whereas the 50-stock index is facing hurdles at 25,200. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index amid the geopolitical tensions has managed to show resilience sustaining near the 24,800 zone for quite some time with very narrow movement witnessed as of now and currently is precariously placed having the crucial and important support zone positioned at 24,500 and at the same time, would need a decisive move above the 25,200 to anticipate for further fresh upward move." "The Bank Nifty index witnessed some profit booking from near the 56000 zone and closed near the 55600 level with overall bias maintained with a cautious approach and anticipating fresh developments in the coming sessions, which shall decide the further directional move of the index. The index has been precariously placed and would need a decisive move above the 56000 zone, as mentioned earlier, to turn the bias positive and, at the same time, would need to sustain the near-term support positioned near the 55000 level to maintain the overall trend intact," said Parekh. Parekh said the Nifty's support today is at 24,600, while the resistance is at 25,000. The Bank Nifty's daily range would be 55,200 to 56,000. Regarding intraday stocks for today, Vaishali Parekh recommended three buy or sell stocks: JSW Energy, Vishal Mega Mart, and Voltas. 1] JSW Energy: Sell at ₹ 482, Target ₹ 470, Stop Loss ₹ 490; 2] Vishal Mega Mart: Buy at ₹ 126, Target ₹ 135, Stop Loss ₹ 120; and 3] Voltas: Sell at ₹ 1259, Target ₹ 1240, Stop Loss ₹ 1270. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
2 days ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend six shares to buy today — 19 June 2025
Stocks to buy under ₹ 100: Following weak global cues, the Indian stock market continued to trade sideways for the second straight session. The Nifty 50 index ended 41 points lower at 24,812, the BSE Sensex shed 138 points and closed at 81,444, while the Bank Nifty index finished 114 points higher at 55,828. Despite the broader negative trend, IndusInd Bank, Titan, and Trent emerged as the top performers on the Nifty, showcasing resilience. Conversely, TCS, Adani Ports, and Hindustan Unilever bore the brunt of significant selling pressure, concluding the session as major losers. Trading volumes on the NSE cash market were 13% lower compared to the previous session. Nifty Media, IT, and Metal witnessed the most significant declines among the sectors. In contrast, Nifty Consumer Durables, Private Banks, and Auto managed to end the day in the green, showing pockets of strength. The Nifty Mid-cap and Small-cap Indices continued their downward journey for the second day. The Nifty Mid-cap 100 Index fell by 0.46%, while the Nifty Small-cap 100 Index corrected 0.23%. Market breadth remained weak for the fifth consecutive day, with declining stocks outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.63. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after witnessing a volatile morning session, gave in with profit booking seen from the 24,950 zone and ended the session near the 24,800 level with the bias and sentiment precariously placed on the back of ongoing geo-political tensions. As mentioned earlier, the index would need to sustain above the crucial support zone at the 24,500 level and, simultaneously, need a decisive move above the 25,200 level to anticipate a further fresh upward move." "The Bank Nifty index amid the volatile session failed to move past the hurdle band of 55,800-56,000 levels and closed near the 55,800 zone with overall bias maintained with a cautious approach is expected to take cue from the US FED meeting outcome to anticipate for fresh developments in the coming sessions. The index has been precariously placed and would need a decisive move above the 56,000 zone, as mentioned earlier, to turn the bias positive and, at the same time, would need to sustain the near-term support positioned near the 55,000 level to maintain the overall trend intact," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Sumeet Bagadia, Executive Director at Choice Broking; Mahesh M Ojha, AVP — Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended these six intraday stocks for today under ₹ 100: Aban Offshore, Manali Petrochemicals, Equitas Small Finance Bank, Spencer's Retail, Restaurant Brands Asia, and Khaitan Chemicals And Fertilizers. 1] Aban Offshore: Buy at ₹ 56.39, Target ₹ 60, Stop Loss ₹ 54; and 2] Manali Petrochemicals: Buy at ₹ 70.39, Target ₹ 75, Stop Loss ₹ 67.50. 3] Equitas Small Finance Bank: Buy at ₹ 65.25 to ₹ 66.25, Targets ₹ 68.50, ₹ 70, ₹ 72, ₹ 75, Stop Loss ₹ 63.80; 4] Spencer's Retail: Buy at ₹ 63.50 to ₹ 65.25, Targets ₹ 67.50, ₹ 69, ₹ 71, ₹ 75, ₹ 78, Stop Loss ₹ 61.80. 5] Restaurant Brands Asia or RBA: Buy at ₹ 75.30, Target ₹ 79.20, Stop Loss ₹ 73.70. 6] Khaitan Chemicals And Fertilizers: Buy at ₹ 84.50, Target ₹ 95, Stop Loss ₹ 80 (Closing Basis). Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
2 days ago
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 19 June 2025
Buy or sell stocks: Following weak global cues, the Indian stock market continued to trade sideways for the second straight session. The Nifty 50 index ended 41 points lower at 24,812, the BSE Sensex shed 138 points and closed at 81,444, while the Bank Nifty index finished 114 points higher at 55,828. Despite the broader negative trend, IndusInd Bank, Titan, and Trent emerged as the top performers on the Nifty, showcasing resilience. Conversely, TCS, Adani Ports, and Hindustan Unilever bore the brunt of significant selling pressure, concluding the session as major losers. Trading volumes on the NSE cash market were 13% lower compared to the previous session. Nifty Media, IT, and Metal witnessed the most significant declines among the sectors. In contrast, Nifty Consumer Durables, Private Banks, and Auto managed to end the day in the green, showing pockets of strength. The Nifty Mid-cap and Small-cap Indices continued their downward journey for the second day in a row. The Nifty Mid-cap 100 Index fell by 0.46%, while the Nifty Small-cap 100 Index corrected 0.23%. Market breadth remained weak for the fifth consecutive day, with declining stocks outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.63. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market closely follows the news of the Israel-Iran war. The Prabhudas Lilladher expert said the Nifty 50 index is facing an immediate hurdle at 24,950 to 25,000 levels while it has immediate support at 24,800. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index, after witnessing a volatile morning session, gave in with profit booking seen from the 24,950 zone and ended the session near the 24,800 level with the bias and sentiment precariously placed on the back of ongoing geo-political tensions. As mentioned earlier, the index would need to sustain above the crucial support zone at the 24,500 level and, simultaneously, need a decisive move above the 25,200 level to anticipate a further fresh upward move." "The Bank Nifty index amid the volatile session failed to move past the hurdle band of 55,800-56,000 levels and closed near the 55,800 zone with overall bias maintained with a cautious approach is expected to take cue from the US FED meeting outcome to anticipate for fresh developments in the coming sessions. The index has been precariously placed and would need a decisive move above the 56,000 zone, as mentioned earlier, to turn the bias positive and, at the same time, would need to sustain the near-term support positioned near the 55,000 level to maintain the overall trend intact," said Parekh. Parekh said that today, the Nifty's support is 24,600, while the resistance is 25,000. The Bank Nifty would have a daily range of 55,400-56,400. Regarding stocks to buy today, Vaishali Parekh recommended these three buy or sell stocks: Reliance Power, IndusInd Bank, and Graphite India. 1] Reliance Power: Buy at ₹ 66, Target ₹ 73, Stop Loss ₹ 63; 2] IndusInd Bank: Buy at ₹ 850, Target ₹ 880, Stop Loss ₹ 835; and 3] Graphite India: Buy at ₹ 550, Target ₹ 585, Stop Loss ₹ 530. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
