Sumeet Bagadia's Stock Recommendations for April 2026: Three Picks Under ₹100
Stocks to buy under ₹100: Sumeet Bagadia recommends three stocks to buy on Monday - 13 April 2026
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The Indian stock market rebounded after six weeks of decline, with the Nifty 50 and BSE Sensex gaining around 6%. Analyst Sumeet Bagadia recommends three stocks under ₹100 to buy on April 6, 2026: Bank of Maharashtra, NMDC Steel, and NMDC, each with specified target prices and stop-loss levels.
- 01Indian stock market rebounded after six weeks of decline.
- 02Nifty 50 and BSE Sensex advanced around 6%, closing at 24,050.60 and 77,550.25, respectively.
- 03Sumeet Bagadia recommends three stocks under ₹100: Bank of Maharashtra, NMDC Steel, and NMDC.
- 04Technical indicators suggest positive momentum in the market.
- 05Investors are advised to monitor price action and consider buying on dips.
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The Indian stock market showed a strong recovery after six weeks of decline, buoyed by positive global cues and investor optimism regarding a potential US–Iran ceasefire. The Nifty 50 index closed at 24,050.60, while the BSE Sensex reached 77,550.25, both reflecting an approximate 6% increase. Analyst Sumeet Bagadia noted bullish candlestick formations and positive momentum indicators, suggesting that the market could continue its upward trend. Bagadia has recommended three stocks for investors looking to buy on April 6, 2026: Bank of Maharashtra at ₹70.59 with a target price of ₹75.8 and a stop loss at ₹68; NMDC Steel at ₹42 with a target of ₹45 and a stop loss of ₹40; and NMDC at ₹85 with a target price of ₹91 and a stop loss at ₹82. Investors are encouraged to stay aligned with market trends and look for buying opportunities on dips while monitoring key price levels.
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This rebound in the stock market could boost investor confidence and provide opportunities for traders looking to capitalize on the upward trend.
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