The Nifty 50 has been oscillating between support at 18,200 and resistance near 18,800, prompting many retail investors to hunt for low‑priced equities that can deliver outsized returns. In this backdrop, veteran market strategist Sumeet Bagadia highlighted three stocks trading below ₹100 that he believes are well‑positioned for a short‑ to medium‑term rally. Inox Wind (INOXWIND) is a wind‑energy equipment maker that has benefited from the central government’s push for renewable capacity.
Bagadia sees the stock at a comfortable entry of ₹88, recommending a stop‑loss at ₹78 and a target of ₹115, implying a potential upside of over 30% if the sector’s growth trajectory holds. South Indian Bank (SOUTHBANK) offers exposure to the banking segment, which is expected to gain from improving asset quality and higher credit demand. The analyst suggests buying at ₹95, setting a stop‑loss at ₹85 and aiming for a target of ₹130, reflecting a 37% upside scenario.
Paisalo Digital (PAISALO) operates in the fintech space, catering to small‑business lending. Bagadia rates it a buy at ₹68, with a stop‑loss of ₹58 and a target of ₹100, translating to roughly 47% upside. While each pick carries its own risk, the common thread is a clear risk‑reward framework that aligns with the cautious optimism many Indian investors are seeking as the broader market steadies.