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Stocks to buy under ₹100: Sumeet Bagadia recommends three stocks to buy on Monday - 16 March 2026

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Market Impact Score
-100 Bearish+100 Bullish

AI Analysis

The broader market has seen significant corrections recently, with Sensex and Nifty experiencing sharp declines. This creates a volatile environment where specific stock picks, especially in the sub-₹100 category, might attract speculative interest.

Trading Insight

Traders might look for short-term momentum plays in these recommended stocks, but should maintain strict stop-losses due to the overall bearish sentiment in the broader market.

Key Evidence

  • Sumeet Bagadia recommended three stocks to buy on Monday, March 2.
  • The recommended stocks are Confidence Petroleum India, IFCI, and Bhansali Engineering Polymers.
  • All recommended stocks are priced under ₹100.
  • Risk flag: Broader market volatility and recent sharp declines (Sensex down 1470 pts, Nifty below 23,200).
  • Risk flag: Recommendations are from a single analyst and may not align with fundamental valuations.

Affected Stocks

CONFIPETConfidence Petroleum India Ltd
Positive

Recommended as a buy by a technical analyst.

IFCIIFCI Ltd
Positive

Recommended as a buy by a technical analyst.

BHANSALIBhansali Engineering Polymers Ltd
Positive

Recommended as a buy by a technical analyst.

People in this Story

S
Sumeet Bagadia

technical analyst

Provided the stock recommendations.

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