Intraday Stocks Under ₹100 to Watch Today: 5 Expert Picks Amid Market Jitters Over Trump’s Tariff Shock & Black Monday 1987 Fears
Intraday Stocks : The Indian stock market faced a bloodbath on Friday as global sentiment soured following U.S. President Donald Trump’s surprise tariff announcement. The unexpected move rattled investors worldwide and triggered fears reminiscent of the infamous Black Monday of 1987.
The Nifty 50 index plunged 345 points to close at 22,904, while the BSE Sensex crashed 930 points, ending the session at 75,364. Even the usually resilient Bank Nifty dipped 94 points to settle at 51,502. The Mid-cap and Small-cap indices witnessed steeper declines of 3.08% and 3.43%, respectively, with broader markets seeing a sharp sell-off across sectors.
The market sentiment was bearish with a BSE advance-decline ratio of 0.40, indicating widespread weakness. Except for FMCG, every major sector, including Metal, Pharma, IT, Oil & Gas, and Realty, ended deep in the red.
🔮 Expert Outlook: What’s Driving the Volatility?
According to Siddhartha Khemka, Head of Research at Motilal Oswal, the short-term volatility can be attributed not just to global jitters but also to domestic triggers like the upcoming RBI monetary policy on April 9 and Q4 earnings, beginning with TCS on April 10.
Nagaraj Shetti from HDFC Securities emphasized that the Nifty 50’s short-term trend remains weak and any slip below 22,800 could see a further decline to 22,350, while resistance lies at 23,150.
Om Mehra of SAMCO Securities stated that Bank Nifty is showing signs of exhaustion with a short-term corrective move towards 50,800 possible. However, he believes a bounce-back is likely if the index holds the 50,500–50,600 support zone.
📊 Intraday Stocks Under ₹100: 5 Picks to Watch Today
Despite the choppy waters, analysts have identified five high-potential stocks under ₹100 for intraday trading. Here are today’s expert picks:
| Stock Name | Buy/Sell | Entry Range | Target(s) | Stop Loss | Analyst |
|---|---|---|---|---|---|
| VIP Clothing | Buy | ₹32–₹33 | ₹34.75, ₹36, ₹38, ₹40 | ₹30 | Mahesh M Ojha, Hensex |
| NBCC | Buy | ₹80–₹81 | ₹84.50, ₹86, ₹88 | ₹78 | Mahesh M Ojha, Hensex |
| NFL (National Fertilizers Ltd) | Sell | ₹79.30 | ₹75.50 | ₹81.50 | Sugandha Sachdeva, SS WealthStreet |
| Lloyds Engineering | Buy | ₹58 | ₹63 | ₹53 | Anshul Jain, Lakshmishree |
| Alembic | Buy | ₹100–₹101 | ₹120 | ₹95 | Anshul Jain, Lakshmishree |
📉 Revisiting Black Monday: A Chilling Déjà Vu?
On October 19, 1987, the Dow Jones Industrial Average plummeted by 22.6% in a single day, sparking a global market collapse now known as Black Monday. That day also saw the S&P 500 nosedive nearly 30%, shaking investor confidence worldwide.
Fast forward to April 6, 2025, and popular American market analyst Jim Cramer raised alarms over a possible repeat of 1987’s crash. Cramer blamed the renewed U.S. tariffs and urged President Trump to diplomatically engage with affected nations to prevent market panic.
🧮 Financial Ratios of the Stocks Mentioned
For investors keen on fundamentals, here are some key financial ratios of the recommended stocks:
| Company | P/E Ratio | ROE (%) | Debt-to-Equity | EPS (₹) | Market Cap (Cr) |
|---|---|---|---|---|---|
| VIP Clothing | 45.2 | 8.5 | 0.42 | 0.68 | 365 |
| NBCC | 18.6 | 21.4 | 0.12 | 4.55 | 14,320 |
| NFL | 6.9 | 13.3 | 0.76 | 11.2 | 3,785 |
| Lloyds Engineering | 12.3 | 17.8 | 0.10 | 4.78 | 2,180 |
| Alembic | 14.5 | 16.2 | 0.30 | 7.12 | 3,975 |
❓FAQs: Simplifying Today’s Stock Market Action
Q1. Why did the Indian stock market crash on Friday?
A: The crash was triggered by fears stemming from U.S. President Trump’s sudden tariff hikes, echoing concerns of a repeat of the 1987 Black Monday crash.
Q2. What is Black Monday and why is it relevant today?
A: Black Monday refers to October 19, 1987, when global stock markets crashed, led by a 22.6% drop in the U.S. Dow Jones. The current global market panic draws eerie parallels.
Q3. Which sectors were most affected in India during the crash?
A: Metal, Pharma, IT, Oil & Gas, and Realty sectors saw the sharpest declines, while only the FMCG sector remained somewhat stable.
Q4. What are the top intraday stock picks under ₹100 for today?
A: Experts recommend VIP Clothing, NBCC, Lloyds Engineering, Alembic (Buy), and NFL (Sell) for intraday trades.
Q5. Is there any hope for market recovery soon?
A: Experts believe the market may remain volatile. However, key levels like 50,500–50,600 for Bank Nifty and 22,350 for Nifty will be crucial for any bounce-back.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.