Stocks to purchase under 100 rupees: Sumeet Bagadia suggests purchasing three shares on Monday, October 6, 2025.

Three equities are suggested for purchase on Monday, October 6 by Sumeet Bagadia. Bagadia has selected three stocks: MMTC, Andhra Paper, and Vikran Engineering.

Indian stock market: Following a gap-down start, the Nifty 50 and Sensex, the country's major indices, closed the day higher thanks to a robust recovery in metal and banking equities.

The Nifty 50 gained about 57 points, or 0.23 percent, to close at 24,894, while the Sensex gained roughly 223 points, or 0.28 percent, to close above 81,200.

Experts say that the market's recovery throughout the day was aided by strong buying interest in metal stocks like Tata Steel, Hindalco, and JSW Steel as well as strong performances from PSU banks and private banks like Kotak Mahindra Bank and Axis Bank.

Next week's stock market
Despite a respectable pullback rise on Friday, Choice Broking Executive Director Sumeet Bagadia thinks that sentiment in the Indian stock market is cautious.

But until the Nifty 50 index clearly breaks over the 50-day EMA resistance, which is at 24,900, it will remain a relief rally. The 50-stock index is building a solid base at 24,500 on the downward side. If either side of this range is broken, a bullish or bearish trend might be presumed. Thus, stocks that appear strong on the technical chart should be examined, Bagadia advised.

Stocks to purchase
Three equities are suggested for purchase on Monday, October 6 by Sumeet Bagadia. Bagadia has selected three stocks: MMTC, Andhra Paper, and Vikran Engineering.

1] Vikran Engineering: Purchase at 97.20 naira | Aim for 105 naira | Stop Loss: 93.6 naira

2] Andhra Paper: Purchase at ₹85.3 | Aim for ₹91.5 | Set a stop loss at ₹82.2

3] MMTC: Purchase at ₹69.6 | Aim for ₹75 | Set a stop loss at ₹67

Disclaimer: The sole intention of this story is education. MorningNews does not endorse the opinions and suggestions expressed above; they are the opinions of individual analysts or broking firms. Before making any financial decisions, we encourage investors to consult with qualified professionals.