Top Stock Picks Under ₹100: Sumeet Bagadia's Recommendations for April 2026
Stocks to buy under ₹100: Sumeet Bagadia recommends three stocks to buy on Monday - 20 April 2026
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Sumeet Bagadia, Executive Director at Choice Broking, recommends three stocks under ₹100 for investors: Trident, NMDC, and NBCC (India). The Indian stock market has shown resilience, with both the Sensex and Nifty 50 indices gaining over 1% amid improving investor sentiment and easing geopolitical tensions.
- 01Sensex and Nifty 50 indices both rose over 1% last week.
- 02Sumeet Bagadia recommends Trident, NMDC, and NBCC (India) for investment.
- 03Nifty 50 is facing immediate resistance at 24,500–24,550.
- 04Bank Nifty shows strong recovery with a gain of 479.30 points.
- 05Investors are advised to adopt a buy-on-dips strategy.
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The Indian stock market concluded the past week on a positive note, with the Sensex and Nifty 50 indices rising by over 1% amid easing geopolitical concerns and improving investor risk appetite. The Nifty 50 settled at 24,353.55, while the Bank Nifty gained 479.30 points, closing at 56,565.7. Sumeet Bagadia from Choice Broking highlighted a bullish trend in the market, with the Nifty showing strong buying momentum despite initial declines. He recommended three stocks for investment: Trident at ₹26.12 with a target price of ₹27.94, NMDC at ₹89.78 with a target of ₹96.06, and NBCC (India) at ₹94.32 with a target of ₹101. Investors are encouraged to maintain a cautious approach, particularly in the derivatives segment, where significant put and call writing indicates potential consolidation in the Nifty index.
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Investors looking for stocks under ₹100 can consider these recommendations, which may offer growth potential amid a recovering market.
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