MediumPositive
Announced Sat, 18 Jul · 09:44 IST

Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian benchmarks surged on Friday, with the Sensex gaining 965 points (1.25%) to close at 78,151.45 and the Nifty 50 rising 262 points (1.09%) to settle at 24,334.30, led by Reliance Industries and heavyweight private banks ahead of Q1 earnings. Mehul Kothari of Anand Rathi remains constructively positive, with the Nifty holding 24,000 as support and needing a decisive close above 24,400 for a fresh uptrend, while Bank Nifty remains range-bound between 57,000 and 59,000. For stocks under around 200, he recommended buying Suzlon Energy near 51 (target 57), IDBI Bank near 86 (target 95), and Zee Entertainment near 105 (target 112-117).