Buy or sell: Gift Nifty hints at a big gap-up start! Vaishali Parekh recommends three intraday stocks to buy today
The Indian stock market is set for a positive start, with the GIFT Nifty indicating a gap-up opening around 24,580, nearly 200 points above the previous close. Investor sentiment improved following US President Donald Trump's announcement of resumed negotiations with Iran, coupled with a significant drop in crude oil prices, easing inflation concerns. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, recommends monitoring the Nifty 50 index, which needs to sustain above 24,450 to maintain its upward momentum.