Buy or sell: Gift Nifty trades flat, Vaishali Parekh recommends three stocks to buy today
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Indian benchmark indices closed firmly in the green on Monday, with the Nifty 50 gaining 231 points (0.98%) to settle at 23,853 and the Sensex advancing 736 points (0.97%) to close at 76,264.33, supported by easing geopolitical tensions, a decline in Brent crude to around $83/barrel, and a recovery in the rupee. The broader markets outperformed, with Nifty Midcap 100 up 1.29% and Nifty Smallcap 100 up 1.11%, while Nifty Realty, Cement, and Auto led sectoral gains. GIFT Nifty, however, signals a muted opening for Tuesday, trading around 23,940, and technical analyst Vaishali Parekh recommended buying Hero MotoCorp (target ₹5,200), Pine Labs (target ₹160), and M&M Financial Services (target ₹310) for intraday trades.