Sumeet Bagadia Recommends Three Stocks Under ₹100 for Monday
· Business · LiveMint
Choice Broking's Executive Director Sumeet Bagadia has identified three stocks priced under ₹100 for potential investment as of 24 August 2026. The recommendation follows a week where Indian equity markets faced volatility, with the Nifty 50 closing at 24,252 and the Sensex at 77,540.83. Market sentiment remained cautious due to elevated crude oil prices, rising global bond yields, and ongoing geopolitical uncertainty. Bagadia noted that the Nifty 50 currently holds above its 24,000–24,050 support zone, though it remains below its 50-day moving average. The analyst suggests that while the index remains range-bound, a sustained move above the 24,350–24,400 band could signal a stronger recovery.
Why it matters
The analysis provides actionable insights for retail investors navigating a volatile Indian market environment. It highlights key support and resistance levels that influence short-term trading decisions for the Nifty 50 index.
Read the original report — LiveMint
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