Stock market today: Gift Nifty hints a gap-down start; eight day trading stocks to buy on Monday, 13 July

Indian benchmark indices are likely to open Monday's session with a gap-down, with GIFT Nifty trading around 24,048.5, about 193 points below Friday's Nifty futures close of 24,241.90. The cautious sentiment stems from renewed US-Iran military escalation and concerns over supply disruptions through the Strait of Hormuz, which pushed Brent crude up 3.88 percent to 78.96 dollars per barrel and WTI up 4.01 percent to 74.27 dollars per barrel. On Friday, the Sensex had surged 827.57 points (1.08 percent) to 77,569.39 and the Nifty 50 climbed 244.10 points (1.02 percent) to 24,206.90, supported by broad-based buying.