Stocks to buy under ₹100: Experts recommend five shares to buy today — 5 February 2025
Stocks to buy under ₹100: Experts have provided five stock recommendations below ₹100 to buy or sell on Wednesday that include IFCI, Alok Industries, GSS Infotech, Peninsula Land and MTNL.
Stocks to buy under ₹100: Experts recommend five shares to buy today — 5 February 2025
Stocks to buy under ₹100: Despite weak quarterly earnings and foreign capital outflows as well as uncertainty about US President Donald Trump's trade policies, the Indian stock market finished higher on Tuesday after the indices bounced back. The Nifty 50 index finished at 23,739.25 points which was 1.62 percent higher than the previous closing at 23,361.05 points.
Stock market today
According to Vaishali Parekh from Prabhudas Lilladher who holds the post of Vice President of Technical Research, the Nifty demonstrated a strong bullish performance by closing above the 23,500 resistance level which suggests improved market bias and sentiment for future upward trends.
Bank Nifty surpassed the 50,000 threshold to enhance the bias towards upward movement and breaking through the crucial 200 period MA at 50,850 levels will solidify the trend which suggests further increases towards the 52,400 and 53,300 targets.
Sugandha Sachdeva's stocks to buy under ₹100
1. IFCI Ltd. (IFCI): IFCI Ltd. IFCI shares presents a buy opportunity at ₹52.20 with a target of ₹54.30 and a stop loss at ₹50.90.
2. Alok Industries Ltd. (ALOKINDS): Buy shares of Alok Industries Ltd. (ALOKINDS) at ₹18.40 aiming for ₹19.30 and set stop loss at ₹17.80.
The shares to buy today of Mahesh M Ojha worth purchasing should stay below ₹100.
3. GSS Infotech Ltd. (GSS): Investors should purchase GSS Infotech shares to buy under rs 100 between ₹53 to ₹54.25 and aim for a price range between ₹56 to ₹57.50 and eventually ₹59 while setting a stop-loss point below ₹51.
4. Peninsula Land Ltd. (PENINLAND): Investors should purchase Peninsula Land Ltd. Peninsula Land shares reaches ₹35-36.50 and aim for a price range between ₹37.50 and ₹39-41+ while ending the position if it falls below ₹33.
Anshul Jain's intraday stocks for today
5. Mahanagar Telephone Nigam Ltd. (MTNL): MTNL shares stand at ₹48.50 and aim for a target price of ₹52.5 while setting a stop loss at ₹47 according to closing values.
