Stocks Under ₹100: Sumeet Bagadia's Top 3 Stock Picks for Monday, December 15, 2025
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Choice Broking's Sumeet Bagadia recommends IDBI Bank, SMC Global Securities, and Hardwyn India as stocks to buy under ₹100 on Monday, December 15.
The Indian stock market continued its upward trend on Friday, December 12, with both the Sensex and Nifty 50 closing higher for the second consecutive session. This positive momentum was fueled by encouraging global cues following the US Federal Reserve's decision to cut rates.
The Sensex climbed 450 points, a 0.53% increase, to close at 85,267.66. Similarly, the Nifty 50 rose by 148 points, or 0.57%, settling at 26,046.95. The broader market also experienced gains, with the BSE Midcap and Smallcap indices increasing by 1.14% and 0.65%, respectively.
This surge in market activity led to a significant increase in the total market capitalization of BSE-listed companies, which jumped from ₹466.6 lakh crore to over ₹470 lakh crore, adding over ₹3 lakh crore to investor wealth in a single day.
**Stock Market Outlook for Next Week**
Sumeet Bagadia, Executive Director at Choice Broking, believes the Indian stock market's sentiment has improved, particularly as the Nifty 50 index has remained above the 26,000 level after initially breaking through this key psychological barrier.
"If the 50-stock index opens above 26,000 on Monday, it is poised to reach 26,300. Investors should adopt a stock-specific approach, focusing on stocks that demonstrate strength on the technical chart," Bagadia advised.
**Bagadia's Stock Picks for Monday, December 15**
Sumeet Bagadia recommends the following three stocks for purchase on Monday, December 15:
- IDBI Bank:** Buy at ₹99.6 | Target Price: ₹107 | Stop Loss: ₹96.5
- SMC Global Securities:** Buy at ₹84.3 | Target Price: ₹90 | Stop Loss: ₹81
- Hardwyn India:** Buy at ₹17.95