3 weeks ago
Sumeet Bagadia Recommends Three Stocks Under ₹100 to Buy Monday
A stock market expert named Sumeet Bagadia told investors about three companies whose shares cost less than 100 rupees each.
He thinks the shares of Confidence Petroleum India, Bank of Maharashtra, and Filatex India will go up in price.
For each company, he gave a price to buy at, a target price where he expects it to reach, and a stop-loss price to help limit losses.
The Indian stock market ended the week with small gains.
The Sensex went up a little, and the Nifty also went up slightly.
On the final session of the week, both indexes fell a bit from the previous day.
The Nifty closed just below 24,600, and experts are watching that level closely.
Bank stocks also dropped a little during the session.
Overall, the expert says the market trend is still positive, but it may move sideways for a while before going higher.
Choice Broking's Sumeet Bagadia recommends buying Confidence Petroleum India, Bank of Maharashtra and Filatex India on Monday, with targets up to ₹91.50.
Indian equities closed the week higher: the Sensex gained 0.52% to 78,499.17 and the Nifty rose 0.77% to 24,570.65.
Nifty ended the session at 24,570.65, down 0.27%, after failing to hold above the crucial 24,600 level.
Bank Nifty closed at 57,746.45, down 0.55%, as selling pressure dominated below the 58,000 mark.
Bagadia expects Nifty to trade in a 24,300–24,750 range, with support at 24,300–24,370 and resistance at 24,700–24,750.
- Who
- Sumeet Bagadia, Executive Director at Choice Broking
- What
- Recommended buying three stocks under ₹100 — Confidence Petroleum India, Bank of Maharashtra and Filatex India — with target prices and stop losses, alongside technical outlooks for Nifty 50 and Bank Nifty.
- Where
- Indian equity markets, including the indices Nifty 50 and Bank Nifty
- When
- For the trading session on Monday, 10 August 2026 (the article headline date; the body text also mentions 3 August)
- Why
- The broader trend is considered technically positive despite near-term consolidation, and the stocks are expected to move up toward their target prices.
Key facts
- Analyst
- Sumeet Bagadia, Executive Director at Choice Broking
- Sensex (weekly)
- +0.52% to 78,499.17
- Nifty 50 (weekly)
- +0.77% to 24,570.65
- Nifty 50 (session)
- 24,570.65, down 65.35 points (-0.27%)
- Bank Nifty (session)
- 57,746.45, down 317.20 points (-0.55%)
- Confidence Petroleum India
- Buy ₹81.28 | Target ₹89.50 | Stop Loss ₹77
- Bank of Maharashtra
- Buy ₹78.28 | Target ₹85 | Stop Loss ₹74.50
- Filatex India
- Buy ₹83.33 | Target ₹91.50 | Stop Loss ₹79.30
Quotes
Sumeet Bagadia
Executive Director at Choice Broking
““Technically, the broader trend remains positive, although the inability to sustain above 24,600 suggests the index may continue to consolidate in the near term. Immediate support is placed at 24,300–24,370, while 24,700–24,750 remains the key resistance zone. A sustained move above resistance could trigger fresh buying momentum, whereas a break below support may lead to short-term profit booking. The expected trading range for the next session is 24,300–24,750,””
livemint.com
Sources
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