Tata Steel, South Indian Bank, Castrol: 3 stocks under ₹200 to buy now

Indian stock markets fell sharply last week, with the Nifty 50 index dropping nearly 384 points to 23,063, its lowest level in months, amid rising US bond yields, crude oil above $100, and a weaker rupee. Analyst Mehul Kothari of Anand Rathi recommends buying three stocks under ₹200: Tata Steel at ₹189 with a target of ₹198, South Indian Bank at ₹50 targeting ₹55, and Castrol India at ₹200 targeting ₹212. Kothari notes the Nifty has declined for seven consecutive weeks but sees 23,000–23,100 as crucial support, with positive divergence suggesting the downside may be nearing its end.