Stocks to buy under ₹100: Experts recommend six shares to buy today — GMR Airports, Canara Bank, IFCI, MMTC, Suzlon Energy, and NFL
Why Investors Are Scanning for Stocks Under ₹100 Today
If you’re hunting for the best stocks to buy under ₹100, you’re not alone. Retail investors and swing traders are eyeing low-priced shares that have big upside potential. Despite pressure in overbought banking stocks, Indian equities saw a strong close yesterday, thanks to renewed interest in IT, auto, and pharma sectors.
The Nifty 50 closed up by 161 points at 24,328, and Sensex jumped 520 points to 80,116. However, the Bank Nifty took a slight hit, dropping 277 points to 55,370.
This creates a great opportunity for retail investors to grab stocks under ₹100 with short-term breakout potential.
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Top 6 Stocks to Buy Under ₹100 Today – Analyst Picks
1. GMR Airports
- Buy Price: ₹87.80
- Target: ₹93
- Stop Loss: ₹85
- Why it’s hot: Infrastructure-focused, strong support zones, and near breakout levels.
2. Canara Bank
- Buy Price: ₹99
- Target: ₹105
- Stop Loss: ₹95
- Why it’s hot: Large-cap PSU bank with stability and momentum in favor.
3. IFCI Ltd.
- Buy Range: ₹45–₹46
- Targets: ₹47.50 / ₹49 / ₹51 / ₹54
- Stop Loss: ₹43.80
- Why it’s hot: Financial institution stock trading near consolidation breakout.
4. MMTC
- Buy Range: ₹55–₹56
- Targets: ₹57 / ₹58.50 / ₹60 / ₹62
- Stop Loss: ₹53.70
- Why it’s hot: Metal and trading sector tailwind after recent gold corrections.
5. Suzlon Energy
- Buy on Dips: ₹58.60
- Target: ₹65.20
- Stop Loss: ₹55
- Why it’s hot: Renewable energy play with improving balance sheet and order book.
6. NFL (National Fertilizers Ltd.)
- Buy Price: ₹88.50
- Target: ₹96
- Stop Loss: ₹84
- Why it’s hot: Government-backed fertilizer PSU, poised for rally on agri policy news.
Market Mood: Bullish Undertone with Sector Rotation in Play
According to Siddhartha Khemka of Motilal Oswal, “There’s still room for an uptrend due to sustained domestic buying and improving sentiment around U.S.-China tariff talks.” The Nifty trend remains intact with the next target zones between 24,550–24,800, with 24,100 as immediate support.
But there’s a red flag for Bank Nifty. Hrishikesh Yedve from Asit C. Mehta flagged a bearish engulfing pattern, suggesting possible weakness. Key support lies at 54,470, with resistance at 56,000–56,100.
Pros and Cons of Buying Stocks Under ₹100
| Pros | Cons |
|---|---|
| Low entry barrier for new investors | Higher volatility |
| Potential for multi-bagger returns | Prone to pump-and-dump schemes |
| Opportunity to diversify with limited capital | Often face liquidity concerns |
| Technical breakouts give short-term profits | Lack of strong fundamentals in some stocks |
Market Trends to Watch – Latest Updates (April 2025)
1. IT Stocks Shine Globally
U.S. tech rally lifts Indian IT majors. Nasdaq closed up 3.2%, pushing stocks like Infosys and TCS higher.
(Source: Reuters)
2. Auto Sector Gets a Boost
Auto stocks saw heavy buying as monthly sales projections exceeded expectations.
(Source: Business Today)
3. Tariff Talks Ease
Trump’s softer tone on Chinese tariffs helped restore investor confidence globally.
(Source: Mint)
4. Pharma Rises on Export Optimism
Pharma stocks surged on reports that the U.S. FDA approvals for Indian companies hit a new high.
(Source: Economic Times)
Should You Buy Stocks Under ₹100 Right Now?
Short-Term:
These low-priced picks are suitable for intraday and swing traders looking for quick gains on breakout levels.
Long-Term:
Only selectively. Companies like Suzlon and Canara Bank have potential to become value plays if macro trends remain favorable. But always check fundamentals, especially when dealing with penny or micro-cap stocks.
Final Word: Keep These Stocks on Your Radar
Whether you’re a newbie investor or a pro trader, today’s market offers multiple stocks to buy under ₹100 that are generating serious buzz. But like any investment, proper research and risk management are key. Use tight stop losses and watch sector news like a hawk.
News Sources:–Mint
