Stocks to buy under ₹100: Experts recommend four shares to buy today amid Trump's tariff uncertainty
After falling sharply in the first half, the Nifty Midcap and Smallcap Indices recovered impressively during the second half of the day, ultimately ending the session with only minor losses. The Nifty Midcap 100 Index fell by 0.17%, while the Nifty Smallcap 100 Index dipped by 0.29%. Market breadth, though ended negative, showed signs of improvement, with declining stocks only slightly outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.96. Amongst the sectoral indices, Nifty Realty, Financial Services, and Private Banks were the major gainers, demonstrating strong buying interest. Conversely, Nifty Consumer Durables, Pharma, and Healthcare were the major losers, seeing some profit booking.
Speaking on the outlook of the Nifty 50 index, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index has indicated a steady and gradual improvement on the daily chart in the last three sessions to turn the daily trend positive and further rise can be anticipated in the coming sessions with the overall trend maintained positive. As mentioned earlier, the index has the important support positioned near the 25,250-25,300 zone, which needs to be sustained as of now and on the upside, a decisive breach above the 25,650 zone shall trigger a fresh upward move with higher targets of 25,700 and 26,200 levels in the coming days."
"The Bank Nifty index, sustaining the important near-term support of 56,650 zone in the last two sessions, has indicated a positive bullish candle formation to improve the bias and can be expected to see further gains in the coming sessions. As mentioned earlier, the index continues to have the 56,000 zone as the crucial support, which needs to be sustained as of now. Once a decisive breach above the resistance level of 57,600 is breached, one can expect fresh targets of 58,500 and 60,000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher.
Regarding stocks to buy today, market experts — Sumeet Bagadia, Executive Director at Choice Broking; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended these four intraday stocks for today under ₹ 100: Alok Industries, Parsvnath Developers, NHPC, and Restaurant Brands Asia (RBA).
1] Parsvnath Developers: Buy at ₹ 26.47, Target ₹ 28.50, Stop Loss ₹ 25.50;
2] Alok Industries: Buy at ₹ 22.13, Target ₹ 23.80, Stop Loss ₹ 21.30.
3] NHPC: Buy at ₹ 87.20 to ₹ 87.30, Targets ₹ 90.50, ₹ 92.30, Stop Loss ₹ 85.
4] RBA: Buy at ₹ 81.50, Target ₹ 84.50, Stop Loss ₹ 80.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
27 minutes ago
- The Hindu
Trump welcomes reports India may halt Russian oil imports, calls it a 'good step'
U.S. President Donald Trump on Friday (August 1, 2025) expressed cautious optimism over reports that India may be ending its purchases of Russian oil, calling it a 'good step' while addressing reporters before departing the White House. 'I understand India no longer is going to be buying oil from Russia. That's what I heard. I don't know if that's right or not, but that's a good step,' Mr. Trump said during an impromptu press gaggle on the South Lawn. His remarks come amid growing American scrutiny of India's continued energy and defence ties with Russia, especially in the context of the ongoing war in Ukraine and broader U.S. efforts to isolate the Kremlin economically. While there has been no official confirmation from New Delhi regarding such a move, Mr. Trump's comments mark the first public acknowledgement from the U.S. administration of a potential policy shift by India. Mr. Trump has maintained a firm stance against countries maintaining close commercial ties with Moscow. His administration has already imposed a 25% tariff on Indian imports, citing both trade imbalances and India's longstanding energy relationship with Russia. In his remarks, Mr. Trump did not elaborate on whether the reported change in India's oil policy would impact those tariffs or future negotiations. 'We'll see what happens,' he said. The issue of India's energy imports from Russia has been a point of contention between Washington and New Delhi, with previous administrations urging India to reduce its reliance on Russian crude in the wake of the Ukraine conflict. India has so far defended its purchases as essential for energy security and economic stability. Mr. Trump's tone on Friday, however, suggested an openness to engage with India if the reported shift holds. 'That's a good step,' he repeated, signalling potential diplomatic movement should the reports prove accurate. Officials in New Delhi have historically avoided commenting on energy policy decisions until after implementation. Mr. Trump's brief but pointed remarks come as part of a broader foreign policy strategy to pressure both adversaries and allies into realigning their global partnerships in accordance with US strategic interests. Russia remains under sweeping U.S. sanctions, and energy exports have been a critical lifeline for the Kremlin amid ongoing war-related expenditures. (This article is published in an arrangement with 5WH.)
News18
39 minutes ago
- News18
Europe Made Travel Easier: Schengen Visa To Go Fully Digital, What It Means For Indians
Last Updated: The new rules will make Schengen visa process fully digital. That means no more physical visa stickers in passports and no more long queues at consulates to submit paper forms For millions of Indians, the process of securing a Schengen visa has long been a necessary — but often tedious — part of planning a European holiday or business trip. But that's about to change. The European Union has officially announced that the Schengen visa system will go fully digital, making visa applications easier, faster, and more secure. Here's everything you need to know about the digital Schengen visa rollout, how it works, and what it means for Indian travellers heading to Europe. What Is A Schengen Visa? The Schengen visa is a short-term visa that allows non-EU nationals to travel across 29 European countries (as of 2024) without needing separate visas for each. This includes popular destinations like France, Germany, Italy, Spain, the Netherlands, and Switzerland. In 2023 alone, Indians filed over 600,000 applications for Schengen visas, with the highest number going to countries like France and Germany. What's Changing? Under the new rules approved by the European Council and set to be implemented by 2026, the Schengen visa process will become completely digital. That means no more physical visa stickers in your passport and no more long queues at consulates just to submit paper forms. The only exception will be first-time applicants or those with expired biometric data (more than five years old). They will still need to visit a consulate or visa application centre to submit fingerprints and get their photo taken. For repeat travellers, the entire process could become 100% virtual. Why Is The EU Going Digital? There are several reasons behind this major shift: Efficiency: The new system will drastically cut down processing times and reduce errors caused by manual handling. Security: A digital system helps prevent fraud and misuse of visa stickers, which can be forged or altered. Convenience: Travellers can apply from anywhere, eliminating the need to visit embassies or third-party visa centres for every trip. Cost Savings: Governments and applicants alike will benefit from streamlined operations and fewer administrative bottlenecks. How Will The New Digital Schengen Visa Work? Once the platform is live, Indian applicants will go through the following steps: Create an Account on the EU Visa Portal: Enter personal details, travel history, and upload necessary documents (passport, itinerary, proof of accommodation, insurance, etc.) Select The Destination Country: If you are visiting multiple Schengen countries, you must apply to the one where you'll spend the most time. Pay the Visa Fee Online: Currently, the Schengen visa fee is €80 for adults and €40 for minors. The amount remains unchanged for now. Submit Biometric Data (If Required): First-timers must still visit the visa application centre for fingerprints and a photograph. Once submitted, the biometrics remain valid for five years. What This Means For Indian Travellers For Indian citizens — especially frequent flyers, business professionals, and holidaymakers — this is welcome news. Last year, nearly 3 crore Indian nationals went to foreign countries, an 8% increase from 2023 that saw a 29% year-on-year jump to 2.79 crore, crossing the pre-pandemic peak of 2.69 crore that was achieved in 2019, as per Ministry of Tourism data. In the first two months of 2025, 50.9 lakh Indians travelled abroad, up 6% from the corresponding period last year, tourism ministry data showed. Europe continues to be the top travel destination for Indians, with Switzerland, France, Austria, Germany leading the pack, and Eastern European countries like Czech Republic, Hungary, and Croatia gaining popularity, the report said. Currently, the visa process involves collecting multiple documents, physically submitting them to VFS or consular offices, and waiting weeks for updates. The digitisation will: Avoid issues like misplaced passports or delayed courier returns However, Indian travellers must still meet all the existing requirements: sufficient financial proof, confirmed return tickets, travel insurance, and a genuine purpose of travel. Will Visa Rejections Still Happen? Yes. A digital system does not mean relaxed rules. Visa officers will still assess the credibility of each application. Currently, Indian applicants face rejection rates between 15% and 25%, depending on the country. Strong documentation and financial clarity will still be critical. That said, digital processing could help avoid rejections caused by administrative errors or missing forms — a common complaint with physical submissions. When Will This Be Implemented? The European Commission has stated that the digital Schengen visa platform will be ready for rollout by 2026. This gives time for IT infrastructure to be built, personnel to be trained, and countries to harmonise their visa policies on the new platform. Some pilot programmes may begin as early as late 2025, particularly in high-volume countries like India, China, and Turkey. Could This Mean Easier Visas In The Future? Digitisation could open the door to multi-entry and longer-validity visas for travellers from trusted countries like India. Already, several EU nations are pushing for 'trusted traveller" programmes that would offer 3- or 5-year visas to applicants with a clean travel history. A digital system makes it easier to track, monitor, and reward such applicants. There is also potential for integration with India's own digital platforms (like DigiLocker) to allow for faster documentation verification. The move to a fully digital Schengen visa system marks a major shift in how Europe manages its borders — and how Indian travellers plan their trips. While challenges remain around biometric verification and high rejection rates, the digitalisation promises faster service, greater transparency, and fewer logistical headaches. For Indian students, professionals, and families dreaming of strolling through Paris, skiing in the Alps, or closing deals in Berlin, the future just got a little easier — and more digital. top videos View all About the Author Shilpy Bisht Shilpy Bisht, Deputy News Editor at News18, writes and edits national, world and business stories. She started off as a print journalist, and then transitioned to online, in her 12 years of experience. Her More tags : Europe Indian Passport Schengen Visa view comments Location : New Delhi, India, India First Published: August 01, 2025, 12:32 IST News zip Europe Made Travel Easier: Schengen Visa To Go Fully Digital, What It Means For Indians Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
an hour ago
- Time of India
Trade war: Tariffs notified, government hardens its position on no-go areas
NEW DELHI: On a day when US notified additional levies for countries, with 25% imposed on Indian exports, govt hardened its position asserting that farm and dairy products, genetically modified food, beef and animal feed with meat are no-go areas. Without being confrontational, govt sources made it clear that cultural sensitivities and farmers' interest will be paramount in talks with the US and indicated India's willingness to move ahead with talks, with the next round scheduled to begin on Aug 25. "We are engaged with American officials and securing our national interest is our primary objective. Govt is not going to come under pressure on areas that concern farmers and small businesses," said an official. While there is bound to be some impact on India's exports, sources said that it may shave off around 0.2 percentage points from GDP this year and there may not be a significant impact over the economy. The assessment is based on calculations that a significant part of India's exports to US - $20-25 billion out of overall exports of $86.5 billion last fiscal - was outside the ambit of tariffs notified through US President Donald Trump's executive order, issued early Friday (India time). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Emergency Generators in Miraflores: (Prices May Surprise You) Emergency Generator | Search Ads Search Now Undo In 2024-25, pharma exports were a little under $10 billion, while oil products added up to $4.2 billion and electronics were estimated at over $13 billion, made up largely of smartphones, according to official from medicines, the exemptions include Active Pharmaceutical Ingredients, electronics and ICT products such as semiconductors, smartphones and computers and energy products. The US tariffs will now be effective Aug 7 and the penalty for Russian arms and defence purchases was not part of the executive order issued by Trump, indicating he is seeking to use it as a threat to extract a deal to his liking from India. It also said that Indian shipments that are in transit before Aug 7 - and arrive at US ports before Oct 5 - will not face the additional tariff, providing some relief to are seeking sops from govt to tide over possible loss of orders, especially in sectors such as textiles, footwear and chemicals. Commerce and industry minister Piyush Goyal is slated to hold consultations with exporters over the next few days. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
