Mehul Kothari of Anand Rathi recommended three stocks priced under ₹200 to buy or sell on July 18, 2026. The picks include Suzlon Energy, IDBI Bank, and Zee Entertainment. This advice came as Indian equity benchmarks ended sharply higher on July 17, driven by gains in Reliance Industries and major private banks, according to livemint.com.
Kothari suggested a cautious approach for traders, emphasizing a decisive close above 24,400 for a bullish outlook on the broader market. He highlighted Suzlon Energy, IDBI Bank, and Zee Entertainment as key stocks to watch, specifying buy prices and targets for these shares. The rally was supported by strong performances from Reliance Industries, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and Axis Bank, which helped lift the Sensex and Nifty 50 indexes.
The recommendation is significant amid a mixed market where heavyweight private banks and large-cap companies are driving gains, while the broader market faces pressure from escalating tensions. Suzlon Energy, IDBI Bank, and Zee Entertainment represent affordable options for investors looking to capitalize on potential upside in the sub-₹200 segment. These picks align with a strategy to focus on fundamentally strong stocks with growth prospects in a volatile environment.
The Sensex and Nifty 50 closed higher on July 17, with Reliance Industries and private banks contributing most to the rally, as reported by livemint.com. Mehul Kothari’s recommendations provide specific guidance for investors seeking opportunities in lower-priced stocks within this market context.