Intraday stocks for today under ₹100: Experts recommend four shares to buy or sell on Wednesday — 26 March 2025

Intraday stocks for today under ₹100: Despite positive global cues, the Indian stock market witnessed a tumultuous session on Tuesday due to sharp selling in banking, metal, and pharmaceutical stocks. However, the Indian stock market managed to end higher for the seventh straight session. Among frontline indices, Nifty 50 and the BSE Sensex ended marginally higher, whereas the Bank Nifty index shed 97 points and closed at 51,607. The Nifty 50 index finished at 23,668. HDFC Bank shares bolstered the 50-stock index, rising 1.2%, while UltraTech Cement led top gainers with a 3.4% surge.

NSE cash market volumes surged by 13% compared to the 10-day average, indicating heightened trading activity. Midcap and Smallcap indices witnessed profit booking after six consecutive sessions of gains. The Nifty Midcap 100 index retreated 1.06%, and the Nifty Smallcap 100 index corrected by 1.56%. The advance-decline ratio on the NSE turned negative at 0.30, signalling more decliners than advancers after six days of positive breadth.

Stock market today

Speaking on the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect the market to continue with a gradual upside move on the back of FII inflows, strong INR and positive cues from US stock market."

On the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The near-term uptrend of the Nifty 50 index remains intact. Having bounced back sharply in the last 5-6 sessions, the correction from the highs was due. However, the present consolidation or dip is unlikely to damage the underlying uptrend of the market. Immediate support for Nifty today is around 23,400, and any consolidation or minor weakness could be a buying opportunity. A decisive move above 23,900 on the upper side could open further upside towards 24,200."

Asked about the outlook of Bank Nifty today, Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta, said, "Bank Nifty encountered resistance near the 52,000 level and formed a red candle on the daily chart, indicating weakness. On the downside, the 200-Day Simple Moving Average (200-DSMA), placed near 50,980, will support the index as long as Bank Nifty holds above 50,980; a buy-on-dips strategy should be adopted. On the higher side, 52,000 will be a stiff hurdle for Bank Nifty.

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: Medico Remedies, Sat Industries, VASCON Engineers, and Sarla Performance Fibers.

Vaishali Parekh's stock pick

1] Medico Remedies: Buy at ₹48.70, target ₹55, stop loss ₹45.

Mahesh M Ojha's stock to buy under ₹100

2] Sat Industries: Buy at ₹88 to ₹89.50, targets ₹91, ₹94, ₹97, and ₹100.

Sugandha Sachdeva's buy or sell stock

3] VASCON Engineers: Sell at ₹39.80, target ₹37.50, stop loss ₹41.

Anshul Jain's share to buy under ₹100

4] Sarla Performance Fibers: Buy at ₹82, target ₹88, stop loss ₹80 (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.