Top 3 Stocks Under ₹100 to Buy on April 1, 2025: Sumeet Bagadia's Expert Picks Post Stock Market Break

The Indian stock market experienced a slight dip recently, with the Nifty 50 index closing down by 0.31% at 23,519.35 on March 28. This decline was influenced by weaker global market signals, resulting in 31 stocks ending the day in the red. Despite this setback, the index performed well over the week, marking its second consecutive week of gains and breaking a five-month losing streak, concluding 6.30% higher for March. However, it remains 10% below its peak of 26,277.

Market Sentiment and Expert Opinions

Analysts suggest that the Indian stock market’s short-term outlook may be affected by ongoing concerns regarding Donald Trump’s tariff policies. These policies could potentially lead to increased inflation and negatively impact corporate earnings and economic growth.

Sumeet Bagadia, Executive Director at Choice Broking, offers insights into the current market landscape. He emphasizes the importance of adopting a stock-specific strategy rather than taking short positions. "The Nifty 50 index has established a solid base between 23,400 and 23,350. The broader trading range extends from 23,000 to 23,800, and market trends can shift based on movements beyond these levels," Bagadia noted. He urges investors to focus on stocks with strong technical indicators.

Top Stock Picks Under ₹100

For those looking to invest in stocks priced under ₹100, here are some recommendations:

DRC Systems India
- Buy Price: ₹30
- Target Price: ₹32.20
- Stop Loss: ₹28.80
Mangalam Global Enterprise
- Buy Price: ₹15.14
- Target Price: ₹16.30
- Stop Loss: ₹14.60
PIL Italica Lifestyle
- Buy Price: ₹14.54
- Target Price: ₹15.60
- Stop Loss: ₹14

These stocks could present attractive opportunities for investors looking to navigate the current market environment.

Conclusion

Stay informed about market trends and consider expert recommendations when making investment decisions. The Indian stock market shows potential for recovery, and with a careful approach, investors can capitalize on promising opportunities. For further updates on market performance, be sure to follow reputable financial news sources.