Intraday stocks for today under ₹100: Experts pick four shares to buy or sell on Wednesday — 5 March 2025

  • Intraday stocks for today under 100: Experts pick four shares to buy or sell on Wednesday — Manali Petrochemicals, Snowman Logistics, GMR Power and Urban Infra, and Cellecor Gadgets

Asit Manohar
Updated5 Mar 2025, 07:14 AM IST
Stock market today: According to experts, Indian equities are expected to remain largely subdued, though continued buying interest in the broader market could provide some support.
Stock market today: According to experts, Indian equities are expected to remain largely subdued, though continued buying interest in the broader market could provide some support.(Photo: Reuters)

Intraday stocks for today under 100: Following the tariff uncertainty after imposing a 25% tariff on imports from Canada and Mexico and a cumulative 20% tariff on China by the US administration, the Indian stock market extended its losing spree for the tenth straight session. The Nifty 50 index fell for the tenth consecutive session, the longest losing run in 29 years, decreasing by 36 points or 0.17%, to close at 22,082. Out of the last 19 trading sessions, the 50-stock index ended positive in only one session. The BSE Sensex slipped below 73,000 and closed at 72,989. However, the Bank Nifty index ended higher by 130 points at 48,245.

Stock market today

Speaking on the outlook for the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Given weak global cues and lack of domestic triggers, Indian equities are expected to remain largely subdued; though a continued buying interest in the broader market could provide some support to the market."

On the outlook for the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The selling momentum seems to have started to decrease near the psychological support of 22,000 mark. A sustainable move above the immediate hurdle of 22,260 could open further upside bounce in the market. Immediate support for Nifty today is placed at 21,950 levels."

Asked about the Bank Nifty today, Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta, said, “The Bank Nifty has formed a bullish candle on the daily chart, indicating strength. However, the index has defended the previous demand zone of 47,840, making it an essential support, while on the upside, 49,000 will remain a challenging barrier for the index. Traders should actively monitor these levels for possible trading opportunities.”

Intraday stocks for today under 100

Regarding buy or sell stocks for today, market experts 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 three shares: Manali Petrochemicals, Snowman Logistics, GMR Power and Urban Infra, and Cellecor Gadgets.

Mahesh M Ojha's stocks to buy today

1] Manali Petrochemicals: Buy at 58.50 to 59.50, targets 60.50, 62, and 65, stop loss 57; and

2] Snowman Logistics: Buy at 44 to 45, targets 46.50, 48, and 50, stop loss 42.

Sugandha Sachdeva's buy or sell stock

3] GMR Power and Urban Infra: Sell at 95.70, target 92.90, stop loss 97.50.

Anshul Jain's stock to buy under 100

4] Cellecor Gadgets: Buy at 56, target 60, stop loss 54.

Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.

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