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Anand Rathi’s Mehul Kothari Picks Lemon Tree, NBCC, SAIL as Sub-₹200 Bets
Mehul Kothari of Anand Rathi sees the Nifty uptrend intact and recommends Lemon Tree, NBCC India, and SAIL as select stocks under ₹200.
Indian equities remained range bound during the holiday shortened week as thin volumes and year-end positioning capped sharp moves. The Nifty 50 held above the key 26,000 support and closed near 26,045, indicating the broader uptrend remains intact despite pressure from IT and financial stocks. Mehul Kothari of Anand Rathi believes selective opportunities exist below ₹200 and has highlighted Lemon Tree Hotels, NBCC India, and SAIL as stocks to buy or sell, while noting that a fresh rally would need a decisive breakout above 26,300.