Shares to buy below £ 100: Sumeet Bagadia recommends three shares to buy on Monday - April 28, 2025 | Einsmark news

Share to buy below £ 100: The Indian stock market continued another week, although the weekly profits remained modest. Domestic equity measures, Sensex and Nifty 50, recorded their second consecutive week of profits. After an early rally, the benchmarks moved within a close range of midweek before discussing profit in the final session. Eventually, the Nifty 50 index fell 0.86% to 24,039,35, while the BSE Sensex fell by 0.74% to 79,212.53. The Nifty 50 climbed 0.79 percent, which recorded its second straight profit and indicated a positive market trend. The index closed above the important psychological mark of 24,000, which overcomes a major technical obstacle. It also remains above the exponential moving averages of 21 days, 55 days and 200 days, and points to ongoing bullish momentum. Sumeet Bagadia’s equity recommendation Sumeet Bagadia, executive director at Choice Broking, believes that the Indian stock market sentiment is cautious as the Nifty 50 index closed below 200,050 under 200.050 index. Bagadia said at the prospects of the Indian stock market: “The important support for the benchmark index was placed at 23,800, which is expected to remain sacrosanct.” One must therefore maintain stock-specific approach and look at the shares that look strong on the technical chart. ‘As for the shares below £ 100, Sumeet Bagadia recommended you buy these three shares: Shree Digvijay Cement Co., Restaurant Brands Asia, and Lotus Eye Hospital and Institute. Shares to buy below £ 100 1]Shree Digvijay Cement Co: Momentum buy at £ 79.94, stop loss of £ 77.14; Target price of £ 85.53. 2]Restaurant brands Asia: Buy Momentum at £ 82.22, stop loss of £ 79.34; Target price of £ 88. 3]Lotus Eye Hospital and Institute: Momentum Buy at £ 74.17, stop loss of £ 71.5; Target price of £ 79.28. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or brokerage companies, not coin. We strongly advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and individual circumstances can differ. First published: 27 Apr 2025, 09:16 AM IST