Buy or sell: Gift Nifty up, Vaishali Parekh recommends three stocks to buy amid escalation in the US-Iran war

Indian markets are expected to open on a cautious note, with GIFT Nifty trading near 24,107.5, about 50 points above the previous Nifty 50 close. Renewed US-Iran military exchanges have reintroduced geopolitical uncertainty, though diplomatic efforts remain underway and crude oil is contained at about $69-$70 per barrel. Analyst Vaishali Parekh recommended buying Refex Industries at ₹348.95 with a target of ₹368, Tata Consumer Products at ₹1,131 with a target of ₹1,170, and Samvardhana Motherson International at ₹151.70 with a target of ₹162, while flagging 23,800 as key Nifty support and 24,350 as resistance.