Sumeet Bagadia's Stock Picks Under ₹100 Amid Market Volatility

Original: Stocks to buy under ₹100: Sumeet Bagadia recommends three stocks to buy on Monday - 6 April 2026

Mint•Apr 5, 20264 min

In a Nutshell

As Indian markets face volatility due to global tensions and inflation worries, Sumeet Bagadia from Choice Broking recommends three stocks to buy under ₹100: GMR Airports, IDFC First Bank, and NHPC. Investors are advised to remain cautious and monitor key support and resistance levels.

Key Points

01Indian stock markets closed lower for the sixth consecutive week, with the Nifty and Sensex down amidst global uncertainties.
02Sumeet Bagadia recommends three stocks: GMR Airports, IDFC First Bank, and NHPC, all priced under ₹100.
03The Nifty 50 index showed signs of recovery, closing at 22,713.10, while the Bank Nifty closed at 51,548.75.
04Bagadia advises investors to maintain a cautious approach due to ongoing geopolitical concerns.
05Key support levels for Nifty are between 22,450–22,500, and for Bank Nifty, between 51,000–51,150.

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Full Summary

The Indian stock market has experienced a decline for six consecutive weeks, primarily driven by global tensions, including rising US-Iran conflicts and increasing crude oil prices. Despite this, the Nifty 50 index managed to recover slightly, closing at 22,713.10, while the Bank Nifty ended at 51,548.75. Sumeet Bagadia, Executive Director at Choice Broking, has identified three stocks for investors to consider: GMR Airports at ₹88.87 with a target price of ₹96, IDFC First Bank at ₹60.22 with a target of ₹66, and NHPC at ₹75.33 with a target of ₹81. He emphasizes the importance of being cautious in the current volatile environment and suggests that investors should closely monitor support and resistance levels before making decisions. The market's volatility is reflected in the rising India VIX, which closed at 25.52.

Key Figures

₹88.87

Buy price for GMR Airports

₹60.22

Buy price for IDFC First Bank

₹75.33

Buy price for NHPC

22,713.10

Closing value of Nifty 50

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Why It Matters

Investors may see fluctuations in their portfolios due to ongoing market volatility. Those considering Bagadia's stock picks could benefit from potential gains if the market stabilizes.

Who is affected

Investors looking for opportunities in the stock market, particularly those interested in stocks under ₹100.

What to know

Investors should evaluate their risk tolerance and consider consulting with financial experts before making investment decisions.

FAQ

Sumeet Bagadia recommends GMR Airports, IDFC First Bank, and NHPC.

The Indian stock market has closed lower for six consecutive weeks due to global uncertainties and inflation concerns.

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