Analyst recommends five Indian stocks priced below ₹100

Indian stock markets rose on Friday, October 9, ending an eight-week run of losses for the Nifty 50 and Sensex.

The rebound was led by technology shares, with gains also spreading to consumer goods, carmakers and financial companies.

Sumeet Bagadia of Choice Broking said the Nifty 50 and Bank Nifty had recovered but still faced key resistance levels.

He recommended five shares priced below ₹100: NTPC Green Energy, Jayaswal Neco Industries, Sagility, SBFC Finance and South Indian Bank.

His suggestions included a buying price, a target price and a stop-loss level for each share.

High oil prices and continued selling by foreign investors remain risks for Indian markets, while domestic institutions have been buying shares.

The recommendations are for information and education, and investors are advised to consult certified financial experts before making decisions.