Stocks to buy under ₹100: Propelled by strong buying at lower levels, the key benchmark indices of the Indian stock market ended higher on Wednesday. The Nifty 50 index finished marginally higher at 25,212, the BSE Sensex added 63 points and closed at 82,634, while the Bank Nifty index ended 162 points higher at 57,168. M&M, Wipro and Tech Mahindra led the charge on the upside, showcasing significant strength. Conversely, Shirram Finance, Eternal, and Sun Pharma concluded the session as major losers. Trading volumes on the NSE cash market were lower by 2% compared to yesterday.
After two days of sharp gains, the broader market saw a consolidation period. The Nifty Midcap and Smallcap 100 Indices ended the session flat, digesting their recent upward moves. Despite this, market breadth remained firmly positive, with advancing stocks outnumbering declining ones on the BSE, reflected in a healthy advance-decline ratio of 1.36. Amongst the sectoral indices, PSU Banks, Media and IT ended as major gainers while Metal, Healthcare and Pharma sectors ended in the red.
