As Monday’s trading session unfolded, one thing became clear — the market mood is shifting, and it’s shifting in favor of value-hunting in smaller counters.
With the benchmark indices gaining ground — Sensex up over 440 points and Nifty reclaiming the 25,050 mark, the spotlight today was squarely on mid- and small-cap stocks, many of which are still trading below the ₹100 mark.
Cheap Doesn’t Mean Weak
Let’s be honest: Stocks under ₹100 often get a bad rap. They’re either too volatile, too risky, or just ignored. But that’s exactly why today’s action is catching attention.
Stocks like Nova Agritech, UCO Bank, and JM Financial witnessed renewed interest from investors. Not necessarily because they’re shooting the lights out — but because the broader sentiment is leaning toward value and low-base recovery plays.
Many of these counters are attractively priced, especially in a market that’s beginning to look a little expensive in large caps. And with retail participation still strong, these affordable stocks offer a chance to ride the momentum without a heavy capital commitment.
What’s Fueling the Buzz?
Several factors are contributing:
- Positive earnings from mid-tier firms like Apar Industries and Mastek are lifting sentiment in broader markets.
- Banking results from HDFC and ICICI have given bulls confidence, triggering a risk-on mood across sectors.
- On the other hand, FIIs are turning cautious, building short positions — and that’s making domestic investors hunt for pockets of safety and growth.
So while foreign money is pulling back from the frontline names, retail and domestic funds are sniffing out opportunities elsewhere.
Names Making Noise
Here are a few under ₹100 stocks buzzing today:
| Stock Name | Today’s Move | Why It’s In Focus |
| Nova Agritech | +4.7% | Strong agri outlook, monsoon optimism |
| UCO Bank | +3.9% | PSU banking rally, low valuations |
| JM Financial | +2.5% | NBFC recovery, undervalued on metrics |
| GMR Airports | +2.1% | Travel demand story back in play |
These aren’t investment advice, but they do reflect where attention is turning.
What Investors Should Keep in Mind
- Don’t chase price alone. Look at fundamentals — balance sheet strength, earnings visibility, and promoter holding.
- Midcaps and low-priced stocks can run hard — but they can also fall fast. Stick with names that have clear catalysts.
- Use corrections to accumulate selectively. The rally may look broad, but not everything will go up together.
Final Thoughts
Today was a reminder that opportunity isn’t always in the headline stocks. Sometimes, it’s in the overlooked counters — where the price tag doesn’t reflect the potential.
With earnings season heating up and retail enthusiasm intact, this trend of “quality under ₹100” could get more legs — but only time (and earnings) will tell which names truly deliver.
