Stocks To Buy Under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell on Monday - 30 June 2025
June 28, 2025: The Indian stock market continued its upward trajectory for the fourth consecutive day, bolstered by positive global cues and easing geopolitical tensions. On Friday, the Sensex closed 303 points higher at 84,058.90, while the Nifty 50 ended the day at 25,637.80, gaining 88.80 points. The Bank Nifty also posted strong gains, ending at 57,443.90, up by 237 points.
For the week, both Sensex and Nifty 50 advanced 2%, while Bank Nifty outperformed with a 2.12% rise.
According to Mehul Kothari, Deputy Vice President — Technical Research at Anand Rathi, the market rally is being supported by improving global sentiment and renewed risk appetite. The Nifty Smallcap 100 surged over 4%, and the Nifty Midcap 100 gained over 2%, signaling strong participation from broader markets.
Kothari noted that Nifty has broken out above the key 25,300 level, which may pave the way for further upside. However, resistance at the 25,700 – 25,900 zone remains crucial. A close below 25,300 would invalidate the breakout.
Bank Nifty has surged past the 57,000 mark, eyeing resistance near 58,000 – 58,200. Kothari warned that this trendline resistance could result in a reversal if not breached. Immediate support lies at 56,500, with potential for profit booking on a downside breach.
Here are three technical stock recommendations under ₹200 by Mehul Kothari:
These stocks offer an opportunity for investors looking to gain exposure to the market without exceeding the ₹200 mark, while also maintaining a disciplined approach with clear stop-loss levels.
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