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Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell (opens original article in a new tab)

TL;DR

Indian equity markets rose for five days due to easing tensions, but IT stocks caused a sharp decline on Friday. Mehul Kothari recommended specific stocks under ₹200 for short-term investment.

  • Indian equity markets saw gains for five days with Sensex and Nifty rising amid easing geopolitical tensions.
  • IT stocks fell sharply on Friday, causing benchmark indices to drop after Accenture's growth outlook was reduced.
  • Mehul Kothari recommended buying MRPL, Reliance Power, and GMR Airports under ₹200 with specific stop loss and target prices.
  • Bank Nifty showed resilience but needs to surpass 58,000 to resume its uptrend towards new highs.

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