logo
Stocks to buy under  ₹100: Experts recommend five shares to buy today — 27 June 2025

Stocks to buy under ₹100: Experts recommend five shares to buy today — 27 June 2025

Mint2 days ago

Stocks to buy under ₹ 100: The Indian stock market extended its rally for the third straight session and finished higher on Thursday. The Nifty 50 index gained 304 points and closed at 25,549, the BSE Sensex shot up 1,000 points and closed at 83,755, while the Bank Nifty index went up 585 points and closed at 57,206. Sectorally, private banks, oil & gas, and metal counters witnessed strong traction, advancing 1–2%, while profit-taking was evident in realty and media pockets, which ended lower by around 1% each. The BSE Midcap index outperformed with a gain of 0.5%, while the Smallcap closed on a muted note, essentially unchanged amid stock-specific churn.
The June F&O series concluded positively, extending the winning streak to four straight expiries and underscoring a sustained bullish undertone in the broader market. Bank stocks saw strong buying, lifting the Nifty Bank index to a new all-time high of 57,263.45. The rally in the Nifty Bank Index was mainly driven by heavy buying in private sector banks.
Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after one and a half months gripped between a tight range, has indicated a clear breakout with a bullish candle formation above the tough resistance hurdle of 25300 zone strengthening the trend and further rise is expected in the coming days. The index would have the near-term support elevated now to the 25250-25300 zone and on the upside with bias and sentiment improving, can expect targets of 25700 and 26200 levels in the coming days."
"The Bank Nifty index has indicated a strong closing with a bullish candle pattern to breach above the previous peak zone at 57050 level and has entered new territory with bias improved significantly, expecting a further upward move in the coming days. The index would have the important support near the 56000 zone, which needs to be sustained, and, on the upside, can expect fresh higher targets of 58500 and 60000 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; Mahesh M Ojha, AVP — Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet — recommended five intraday stocks for today under ₹ 100: Lloyds Engineering, Umiya Buildcon, BL Kashyap, Snowman Logistics, and Bank of Maharashtra.
1] Lloyds Engineering: Buy at ₹ 62, Target ₹ 70, Stop Loss ₹ 59; and
2] Umiya Buildcon: Buy at ₹ 76.80, Target ₹ 82.17, Stop Loss ₹ 74.11.
3] BL Kashyap: Buy at ₹ 65.50 to ₹ 66.50, Targets ₹ 68, ₹ 70, ₹ 74, ₹ 76, Stop Loss ₹ 64; and
4] Snowman Logistics: Buy at ₹ 61 to ₹ 61.75, Targets ₹ 63.80, ₹ 65, ₹ 67, ₹ 70, Stop Loss ₹ 58.80.
5] Bank of Maharashtra: Buy at ₹ 53.70, Targets ₹ 56, ₹ 58, Stop Loss ₹ 52.50.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dreamliner crash exposes India's aviation weak links
Dreamliner crash exposes India's aviation weak links

Hans India

time11 minutes ago

  • Hans India

Dreamliner crash exposes India's aviation weak links

India's aviation ambitions are also being undermined by inadequate Maintenance, Repair, and Overhaul (MRO) infrastructure — especially for wide-body aircraft. The Black Box—comprising the Digital Flight Data Recorder (DFDR) and Cockpit Voice Recorder (CVR) — of Air India Flight 171 was recovered on June 13, a day after the crash. The device has suffered extensive damage, and the Aircraft Accident Investigation Bureau (AAIB) lab at Udaan Bhawan, Delhi, will work on retrieving the information. The lab, billed as a ₹9-crore 'state-of-the-art' facility, was inaugurated just two months ago. If it fails to retrieve the data, the Black Box may be sent to the United States for decoding. While major players like Air India Engineering Services Limited (AIESL), GMR Aero Technic, and Tata Advanced Systems have a strong presence in the MRO space, most of their expertise is centered on narrow-body aircraft like the Airbus A320 and Boeing 737. There is a serious shortage of facilities equipped to handle wide-body aircraft and the latest generation of engines. In addition, many existing MROs need major upgrades to meet international standards. Industry insiders also point to a lack of skilled engineers and high import duties on essential spare parts. Indian carriers continue to rely heavily on foreign facilities for major repairs — delaying turnarounds and raising costs. Airframe & Wing Parts: Firms like Aequs, Dynamatic Technologies, Gardner, and Mahindra Aerospace supply parts for the Airbus A320neo, A330neo, and A350 programs. Cargo doors: Tata Advanced Systems manufactures cargo and bulk cargo doors for the A320neo. Rear Fuselage: Dynamatic Technologies has tied up with Deutsche Aircraft to produce the rear fuselage for the D328eco regional turboprop. Helicopter Fuselages: Tata (in partnership with Boeing) is making fuselages for Apache helicopters, while Mahindra Aerostructures is building those for Airbus' H130. Composite Parts: Boeing sources high-end composite parts from its Bengaluru facility to support its global supply chain. India's aircraft components market touched $16.22 billion in 2024 and is projected to nearly double by 2033, propelled by localisation drives, policy support, and growing global partnerships. Over $2 billion worth of components are exported annually to global giants like Airbus and Boeing—thanks to Indian MSMEs and aerospace start-ups. The Dreamliner crash has jolted India's aviation sector out of its comfort zone. As the country aims for the skies, it must further strengthen the ground it takes off from. India Moves Towards Defence Self-Reliance, Cuts Imports, Boosts Exports Traditionally heavily reliant on foreign suppliers for defence equipment, India has significantly reduced its dependence on defence imports over the last 14 years, marking a major shift in its defence strategy and policy.

How AI-powered data center revolution will transform India's economy
How AI-powered data center revolution will transform India's economy

Hans India

time14 minutes ago

  • Hans India

How AI-powered data center revolution will transform India's economy

Withover 1.4 billion people, India has a massive user base for internet services, social media, e-commerce and digital payments. This surge in data has necessitated India's rapid emergence as a global hub for data centers and Artificial Intelligence (AI), with unprecedented investments flowing from both government initiatives and private sector commitments. This transformation goes beyond traditional data storage - we're witnessing the evolution of data centers into 'AI factories', specialized facilities designed to handle the massive computational demands of artificial intelligence. The AI-powered data center segment is propelled by the increasing adoption of AI technologies, the expansion of Cloud Service Providers (CSPs), and the explosive growth of AI workloads that require fundamentally different infrastructure than traditional computing. Unlike conventional data centers that consume 10-20 kW per rack, AI-powered facilities demand 40-140 kW per rack, with some advanced deployments reaching up to 200 kW. This exponential increase necessitates a complete reimagining of data center design, cooling systems, and power infrastructure. Indian govt's AI vision drives infra revolution The Indian government has been instrumental in promoting the growth of AI-ready data centers through ambitious initiatives. The landmark IndiaAI Mission, with an allocation of Rs 10,732 crore ($1.24 billion), specifically targets AI infrastructure development. This builds upon existing programs like the Digital India campaign, which aims to enhance digital infrastructure and connectivity across the country. Policies such as the Data Protection Bill and the push for data localization have further fueled demand for local AI-capable data centers. The state governments are also leading the charge with dedicated AI data center policies. Maharashtra, Tamil Nadu, Telangana, and Andhra Pradesh have introduced specialized frameworks, offering subsidized land, tax benefits, and streamlined approvals for AI infrastructure projects. The central government's Viksit Bharat 2047 - aimed at making India a $30 trillion economy—places AI and data centers at the core of the nation's digital transformation strategy. Technical revolution: From storage to AI computing With India's transformation from an emerging market to a developed economy, there will be an optimal environment for AI-powered data centers, creating considerable demand for specialized real estate in this sector. The country's growing AI-ready data center capacity ensures robust infrastructure to support global digital transformation efforts powered by artificial intelligence. However, the technical requirements for AI have fundamentally altered data center architecture. Currently, India ranks 13th in the world in the data center market with around 140-150 data centers, but has the potential to become number one as AI drives exponential infrastructure demand. As of now, India has relatively few large-scale data centers compared to global leaders. However, this apparent disadvantage actually presents a significant strategic opportunity. While other regions, particularly the United States, are burdened with legacy infrastructure, India can leapfrog directly to next-generation systems with an AI edge. Economic transformation through AI infra India's economic growth has been bolstered by a surge in digital adoption across industries, which translates to massive AI-driven data consumption. With strong foreign exchange reserves exceeding USD 697.93 billion (as of June 20, 2025) and increased government spending on infrastructure, India's Gross Fixed Capital Formation (GFCF) reached a historic high of 34.1 percent of GDP in FY24. This economic growth underscores the increasing reliance of businesses on AI solutions and the critical need for robust AI-capable data center infrastructure. Consequently, the data center market in India is projected to reach USD 21.87 billion by 2032, up from USD 7.21 billion in 2023, at a compound annual growth rate (CAGR) of 13.37 per cent. Crucially, AI workloads are expected to constitute 27 per cent of total data center capacity by 2027, up from just 14 per cent today, driving much of this growth. Investment commitments are also unprecedented, with over $100 billion expected by 2027 for AI-ready data center infrastructure across India. Further, as of today, 95 per cent of India's data centers are installed in metro cities like Mumbai, Hyderabad, Chennai, Delhi, and Pune. However, the AI revolution presents a unique opportunity for second and third-tier cities like Vizag, Coimbatore, Chandigarh, Mysore, Bhopal, Lucknow, Kanpur, Patna, Bhubaneswar, Vijayawada, Madurai, Hosur, Jhansi, and Nashik to emerge as AI data center hubs. News jobs galore The proposed massive investments for AI-ready data centers are expected to generate a large number of employment opportunities in India in the coming years. Further, the growth of startups, fintech companies, and AI firms requires robust infrastructure that will be fueled by cutting-edge computing, driving the need for real-time data processing and low-latency AI applications. This creates an entirely new employment ecosystem. Industry estimates suggest that the AI data center sector segment in India will generate over 500,000 new jobs by 2030, ranging from high-skilled AI engineers to entry-level data annotators, many benefiting women in rural areas. Additionally, the construction phase of AI-ready data centers will also generate thousands of jobs. So is also the supply chain which includes AI equipment manufacturing and maintenance. Future Outlook: India as an AI superpower The growth of AI-powered data centers across India will bring a transformative experience, positioning the nation as a supercomputing giant and global AI hub. The AI-transformed Bharat has the potential to be the epicenter of not just the data center industry, but the global AI economy. Besides, by promoting AI data center investments in semi-urban areas, state governments can achieve more balanced regional development while positioning India as a global AI leader. This transformation can help reduce economic disparity between urban and rural areas, ensuring that the benefits of AI-powered digital transformation are more evenly distributed across the country. In nutshell, the convergence of data centers and AI isn't just transforming infrastructure - it's reshaping India's destiny in the digital age. (Krishna Kumar is a technology explorer & strategist based in Austin, Texas in the US. Rakshitha Reddy is AI developer based in Atlanta, US)

Meet Neena Gupta's husband Vivek Mehra: CA, corporate leader and family man who stays away from the limelight
Meet Neena Gupta's husband Vivek Mehra: CA, corporate leader and family man who stays away from the limelight

Time of India

time18 minutes ago

  • Time of India

Meet Neena Gupta's husband Vivek Mehra: CA, corporate leader and family man who stays away from the limelight

Neena Gupta is truly one of Indian cinema's most fearless and loved talents. Over the years, she has given us countless memorable moments on screen and her more recent was 'Panchayat' season 4. We are sure that most of you have already binge-watched 'Panchayat Season 4' by now. And if you have, you must have surely fallen in love with Neena Gupta's character. Her confident and charming on-screen presence is simply delightful. But did you know that in real life, she is just as lively and vibrant? While many fans know quite a bit about Neena, not many know about her husband, Vivek Mehra. So here's a little look into his life and their sweet love story. View this post on Instagram A post shared by Vivek Mehra (@aslivivekmehra) Vivek Mehra's early life and education Vivek Mehra was born in Delhi in 1961. For his schooling, he went to the beautiful hills of Himachal Pradesh, studying at Lawrence School, Sanawar. Later, he returned to Delhi for college and attended Shri Ram College of Commerce under Delhi University, one of the best places in India for business and commerce studies. Not stopping there, he went on to do Chartered Accountancy from the Institute of Chartered Accountants of India, building a solid base for his future in the finance world. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo A successful corporate career When it comes to work, Vivek Mehra's journey is quite inspiring. According to a Pinkvilla report, he started off as Managing Partner at P.R. Mehra & Co. in Delhi. From there, he moved to PwC India, one of the top firms in the field. At PwC, he led the M&A tax practice and later became a member of the PwC governing board. This shows just how good he is at what he does. After his time at PwC, Vivek worked as an independent director with some of India's big names like DLF, Zee Entertainment, HT Media, Hero Future Energies and Chambal Fertilisers. On top of that, he is on the board of 17 companies. This includes well-known firms like Havells India, Bharat Hotels, and even Masaba Gupta 's fashion label. It's clear that he's a key player in many top businesses. How Vivek and Neena's love story began Not many know how Vivek Mehra and Neena Gupta first met. Well, it all began on a flight in the mid-2000s. It was only a few hours together, but in that short time, they formed a special bond. They kept in touch and got to know each other better. After almost eight years, they finally tied the knot in a private ceremony in the U.S on 15 July 2008. Most people would find it hard to live in a long-distance marriage, but Neena and Vivek make it work beautifully. The same report revealed, Neena stays in Mumbai because of her work in films and shows, while Vivek lives in Delhi, busy with his many corporate duties. Even so, they don't let distance come between them. They often travel to meet each other and always find ways to show their love and care. A chapter from his past What many people might not know is that this is Vivek Mehra's second marriage. He has never spoken about his first wife, and her name has never been made public. From that marriage, he has two kids. But all of them like to keep away from the spotlight and live a private life. A quiet man with a powerful presence Even though Vivek handles so many big roles in the corporate world, he stays away from the public eye. He is a man of quiet power, letting his work do all the talking. Being on the board of 17 companies is no small thing. Yet, he manages to keep it all low-key, which is quite rare these days.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store