Buy or sell: Gift Nifty hints strong start, Vaishali Parekh recommends three stocks to buy amid US-Iran ceasefire hopes (opens original article in a new tab)

Indian stock markets anticipate a strong start due to U.S.-Iran ceasefire hopes, with crude oil prices falling and technical analysts recommending specific stocks for purchase.

• U.S. and Iran reportedly agree to ceasefire, improving global risk sentiment and reducing energy supply concerns.
• Crude oil prices drop to $80-81 per barrel, benefiting Indian economy by lowering import bills and inflation.
• Vaishali Parekh recommends buying Ujjivan Small Finance Bank, L&T Finance, and IOC with specific price targets and stop losses.
• Nifty 50 and Bank Nifty indices show strong positive technical indicators and potential for further gains.