Top Stock Picks Under ₹100: Sumeet Bagadia's Recommendations for April 27, 2026
Stocks to buy under ₹100: Sumeet Bagadia recommends three stocks to buy on Monday - 27 April 2026
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In a subdued session on April 24, 2026, the Indian stock market saw declines, with the Nifty dropping to 23,907. Amidst cautious investor sentiment, Sumeet Bagadia from Choice Broking recommends three stocks to buy on April 27: IDBI Bank, Lloyds Enterprises, and NMDC, all priced under ₹100.
- 01Nifty 50 fell 1.10% to close at 23,907 on April 24, 2026.
- 02Sumeet Bagadia recommends IDBI Bank, Lloyds Enterprises, and NMDC as stocks to buy.
- 03IDBI Bank's target price is ₹83.45, with a stop loss at ₹72.15.
- 04Market sentiment is cautious due to global tensions affecting oil prices.
- 05Immediate support for Nifty is between 23,650 and 23,700.
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On April 24, 2026, the Indian stock market experienced a decline, with the Nifty 50 index closing at 23,907, down 1.10%. This drop marks the third consecutive day of losses, driven by widespread selling in technology stocks and global concerns over rising crude oil prices. Sumeet Bagadia, Executive Director at Choice Broking, noted that the Nifty opened at 24,100.55 and reached an intraday low of 23,813.65. Technical indicators suggest immediate support between 23,650 and 23,700, while resistance is seen at 24,050 to 24,150. Bagadia also highlighted the Bank Nifty index, which closed at 56,089.75 after fluctuating between 56,460.50 and 55,750.40. He recommends three stocks for investors: IDBI Bank at ₹76.17 with a target of ₹83.45, Lloyds Enterprises at ₹67.53 with a target of ₹73.90, and NMDC at ₹89.29 with a target of ₹95. Investors are advised to remain cautious and confirm price movements before making new investments.
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Investors may find opportunities in the recommended stocks, which could lead to potential gains if the market stabilizes.
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