Buy or sell: Gift Nifty hints strong start, Vaishali Parekh recommends three stocks to buy amid US-Iran ceasefire hopes

A reported US-Iran ceasefire deal and expected reopening of the Strait of Hormuz have sharply improved global risk sentiment, pulling crude oil prices down to the $80–81/barrel range, which is positive for India's import bill and inflation outlook. Gift Nifty is trading around 23,980, nearly 370 points above Friday's spot Nifty close, indicating a strong gap-up opening for Indian indices. Technical analyst Vaishali Parekh recommends buying Ujjivan Small Finance Bank (target ₹58), L&T Finance (target ₹282), and IOC (target ₹148) for intraday trades.