Stocks to Buy Under ₹100 Today: Experts Bet Big Amid India-Pakistan War Worries

The Indian stock market today is showing signs of worry, as investors react to growing tensions between India and Pakistan. On Thursday, May 8, the market started strong but took a sharp fall in the last hour after the government confirmed that Indian armed forces struck air defence systems at multiple sites in Pakistan.

Both Sensex and Nifty 50 closed in the red. The Nifty 50 index dropped by 0.51%, finishing at 24,273, while the Sensex closed at 80,334, down by 411 points. This fall has left investors feeling uncertain, especially those tracking stocks to buy under ₹100 and watching for the next market move.

Indian Stock Market Today: Why the Volatility Is Rising

Experts believe that geopolitical tension is the main reason behind the current volatility in the Indian stock market today. Siddhartha Khemka, from Motilal Oswal, said that market fluctuations are likely to continue as investors watch the India-Pakistan developments and global trade news.

Nagaraj Shetti from HDFC Securities added that the Nifty 50 trend today is weak and unstable. If the index falls below 24,200, the next support level is at 23,850. On the other hand, resistance is expected around 24,450.

Bank Nifty Today: Market Under Pressure

The Bank Nifty today also faced strong selling pressure. Hrishikesh Yedve from Asit C. Mehta noted that the index formed a big red candle on the chart, showing weakness at higher levels. The Bank Nifty support lies near 53,890, with resistance levels at 55,000 and 56,000.

Also Read:Indian Stock Market: Gift Nifty Dips, US-UK Trade Cheers, and War Worries Rise

Top Stocks to Buy Today Under ₹100

Despite the market pressure, experts have recommended a few stocks to buy under ₹100 that could offer good opportunities for intraday traders.

Vaishali Parekh from Prabhudas Lilladher suggests buying Ujjivan Small Finance Bank at ₹42 with a target of ₹46. This stock is considered affordable and could be promising for short-term gains.

Mehul Kothari from Anand Rathi recommends IDFC First Bank, to buy at ₹66 with a target of ₹70. The bank has shown strength even in a volatile market.

Anshul Jain from Lakshmishree Investment highlights Restaurant Brands Asia (RBA) as another good option. It can be bought at ₹76.40 with a target of ₹80.The Indian stock market today is clearly influenced by the ongoing India-Pakistan conflict and global news like the US-UK trade deal. While big indices like Nifty 50 and Sensex face pressure, investors are still looking at affordable stocks under ₹100 to stay active in the market.

If you're trading today, stay alert, watch market signals closely, and consider these expert stock recommendations—but always make sure to consult a financial advisor for personalized advice.