Top 5 Stocks Under ₹100 to Watch This Monday – Expert Picks Revealed!

 Stocks priced below ₹100: Experts suggest these five picks for Monday, 20 January 2025 — South Indian Bank, Arihant Capital Markets, IDBI Bank, IRB Infra, and Paramount Communications.

Stocks under ₹100 to watch: Amid weak global market sentiments ahead of Donald Trump's swearing-in, the Indian stock market ended lower for the third consecutive session on Friday. The Nifty 50 fell 108 points to close at 23,203, while the BSE Sensex dropped 423 points, finishing at 76,619. The Nifty Bank Index also plunged 722 points to end at 48,556. However, mid-cap and small-cap stocks showed resilience, with the Nifty Mid-cap 100 and Nifty Small-cap 100 gaining 0.23% and 0.16%, respectively, marking their fourth straight session of gains. Market breadth remained positive, as the BSE advance-decline ratio stayed at 1.1. Sector-wise, Oil & Gas, Realty, Metals, and FMCG indices saw gains, while IT, Banking, and Financial Services sectors recorded sharp declines.

Stock Market Outlook for Next Week

Nifty 50 Outlook:
Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, stated that the short-term trend for the Nifty 50 index remains weak amid range-bound movement. He highlighted that a decisive break above the 23,400 level is necessary to reignite buying interest in the market. Meanwhile, the immediate support level is positioned at 23,100.

Bank Nifty Outlook:
Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta, observed that Bank Nifty opened with a gap down, experienced selling pressure, and closed negatively at 48,541. From a technical perspective, the index has formed a large red candle on the daily chart, signaling weakness. The immediate support level is at 47,900, while resistance remains at 49,910, which coincides with the 250-day Simple Moving Average (250-DSMA). Yedve advised traders to follow a sell-on-bounce approach unless Bank Nifty decisively breaks above 49,910.

Key Triggers for the Indian Stock Market Next Week

Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, highlighted that domestic equities are likely to remain volatile, driven by stock-specific movements as the third-quarter corporate earnings season is in full swing. Investors will keenly monitor December quarter results along with management commentaries for future outlooks.

On the global front, Donald Trump's swearing-in as the 47th president of the United States on Monday, 20th January, along with subsequent policy announcements, is expected to significantly influence market sentiment worldwide.

Key upcoming Q3 earnings to watch include:

• Kotak Mahindra Bank (over the weekend)
• Zomato, Dixon, and Oberoi Realty (scheduled for Monday).

Stocks to Buy Under ₹100

For investors looking for shares priced below ₹100, market experts have suggested the following picks for Monday:

• South Indian Bank
• Arihant Capital Markets
• IDBI Bank
• IRB Infrastructure Developers
• Paramount Communications

These recommendations come from Sugandha Sachdeva, Founder of SS WealthStreet; Mahesh M Ojha, AVP — Research at Hensex Securities; and Anshul Jain, Head of Research at Lakshmishree Investment and Securities.