Intraday stocks for today under ₹100: Experts recommend four shares to buy or sell on Thursday — 27 March 2025

Intraday stocks for today under ₹100: After a seven-day rally, the Indian stock market paused on Wednesday, with the BSE Sensex and the Nifty 50 sliding into negative territory as investors awaited clarity on potential US tariffs. The market's momentum stalled as traders digested recent gains and assessed geopolitical uncertainties. The sharp and rapid rise prompted caution among traders, triggering a sell-off in heavyweight stocks across the banking, IT, and metals sectors.

The Nifty Mid-cap and Small-cap indices continued profit-taking for the second consecutive day. The Nifty Midcap 100 index fell by 0.62%, while the Nifty Small-cap 100 index corrected by 1.07%. The BSE's advance-decline ratio stood at 0.30, indicating broader market weakness. Except for Nifty Auto, which marginally ended in green, all sectoral indices closed in the red. Nifty Media, Oil/Gas, Realty, and Healthcare emerged as the most significant losers during the session.

Stock market today

Speaking on the outlook for the Indian stock market today, Siddhartha Khemka, Head of Research—Wealth Management at Motilal Oswal, said, "We expect the market to remain range-bound with stock or sector-specific action on the back of developments around the US-India trade meeting during the week."

On the outlook for the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The market is in a healthy downward correction, and one may expect the Nifty 50 index to bounce back shortly after forming higher bottom. The next lower supports are placed around 23,400 to 23,200. Any bounce near the support could rechallenge the key hurdle at 23,800."

Asked about the outlook of the Bank Nifty today, Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta, said, “Technically, Bank Nifty formed a red candle on the daily chart, indicating weakness. On the downside, the 200-Day Simple Moving Average (200-DSMA), placed near 50,990, will act as key support for the index, followed by the recent breakout point of 50,640. On the upside, 51,880 and 52,000 will act as strong resistance levels. Traders should monitor these levels for potential trading opportunities.”

Intraday stocks for today under ₹100

Regarding buy or sell stocks for today, market experts Vaishali Parekh, Vice President—Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment and Securities — recommended these four intraday stocks for today under ₹100: HFCL, Mawana Sugars, Motherson Sumi Wiring, and NACL Industries.

Vaishali Parekh's stock pick

1] HFCL: Buy at ₹80, target ₹88, stop loss ₹76.

Mahesh M Ojha's stock to buy under ₹100

2] Mawana Sugars: Buy at ₹89.50 to ₹90, targets ₹92.50, ₹95, ₹97, and ₹100, stop loss ₹88.

Sugandha Sachdeva's buy or sell stock

3] Motherson Sumi Wiring: Sell on the rise at ₹54.80, target ₹51.50, stop loss ₹56.20.

Anshul Jain's share to buy under ₹100

4] NACL Industries: Buy at ₹99, target ₹105, stop loss ₹97 (Closing Basis).

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.