HighNegative
Announced Fri, 24 Jul · 07:37 IST
Buy or sell: Gift Nifty slides on rising tension in US-Iran war, Vaishali Parekh recommends three intraday stocks to buy
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian benchmarks fell for the fourth straight session on Thursday, with Nifty 50 closing at 23,869 and Sensex losing 363 points to 76,391, dragged by escalating US-Iran tensions, a sharp rise in crude oil prices, and renewed concerns over global AI spending. Gift Nifty is trading around 175 points below Thursday's close, indicating a likely gap-down open on Friday, with technical analyst Vaishali Parekh warning that a break below 23,800 could drag the index toward 23,000. Three intraday buy recommendations are Man Industries (India) at Rs 533, Ester Industries at Rs 89, and Orient Electric at Rs 174.