Anand Rathi Analyst Names Three Stocks Under ₹200

Indian stock markets had a difficult week and fell for the sixth week in a row.

Mehul Kothari, a market analyst at Anand Rathi, said the Nifty could remain under pressure.

He said the Nifty may find important support near 23,000 to 23,100.

If the Nifty rises above 23,700, selling pressure may begin to ease.

Kothari also said Bank Nifty must hold 55,500 to avoid deeper losses.

He recommended three shares priced below ₹200 for investors to watch.

They are Castrol India, NHPC, and Vikram Solar.

Each recommendation included a possible price target and a stop-loss level.

A stop-loss is a price level that can help limit a potential loss.