Intraday Stocks Under ₹100: Expert Recommendations for March 26, 2025

The Indian stock market experienced fluctuations on Tuesday, March 25, 2025, despite showing positive global cues. A notable sell-off in banking, metal, and pharmaceutical stocks contributed to the volatility, yet the market managed to close higher, marking the seventh consecutive session of gains. The Nifty 50 and the BSE Sensex indices saw a marginal increase, while the Bank Nifty index reported a decline of 97 points, concluding at 51,607 points. The Nifty 50 index closed at 23,668 points.

Market Dynamics

One of the key contributors to this upward trend was HDFC Bank, whose shares rose by 1.2%. Additionally, UltraTech Cement emerged as a leader among gainers with a significant surge of 3.4%. Trading volumes in the NSE cash market also reflected increased activity, with a notable rise of 13% compared to the 10-day average. However, profit booking was observed in midcap and smallcap indices following six sessions of consistent gains; the Nifty Midcap 100 index reduced by 1.06%, and the Nifty Smallcap 100 index experienced a larger correction of 1.56%. The overall advance-decline ratio on the NSE turned negative at 0.30, indicating more stocks declined than advanced after a prolonged positive trend.

Insights from Market Analysts

Looking ahead, Siddhartha Khemka, Head of Research at Motilal Oswal Wealth Management, expresses optimism about the market’s outlook. He anticipates a gradual upward movement, supported by foreign institutional investor (FII) inflows, a strong Indian Rupee, and favorable cues from the US stock market.

“Although the Nifty 50 has encountered some corrections, its near-term uptrend remains intact,” noted Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. He indicated that the recent consolidation should not adversely impact the overall uptrend. Immediate support stands at around 23,400, and any minor weakness in this area could present buying opportunities. A decisive breakthrough above 23,900 could signal further upward movement toward the 24,200 mark.

Regarding the Bank Nifty, Hrishikesh Yedve, AVP of Technical and Derivatives Research at Asit C. Mehta, mentioned that it encountered resistance near the 52,000 level. He suggested that as long as the index maintains above the 50,980 level, it could support potential recovery, but caution is advised due to potential weaknesses.

Stocks to Watch Under ₹100

For investors scouting for opportunities in the intraday market, experts have highlighted four specific stocks trading under ₹100:

1. Medico Remedies

   • Recommendation: Buy at ₹48.70
   • Target: ₹55
   • Stop Loss: ₹45

2. Sat Industries

   • Recommendation: Buy between ₹88 and ₹89.50
   • Targets: ₹91, ₹94, ₹97, ₹100

3. VASCON Engineers

   • Recommendation: Sell at ₹39.80
   • Target: ₹37.50
   • Stop Loss: ₹41

4. Sarla Performance Fibers

   • Recommendation: Buy at ₹82
   • Target: ₹88
   • Stop Loss: ₹80 (Closing Basis)

Conclusion

As always, it is crucial for investors to do their due diligence before acting on any recommendations. The opinions shared in this article reflect individual analysts’ assessments and do not necessarily represent a consensus. Investors are encouraged to consult certified financial advisors before making any investment decisions.

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