Nifty Falls: Three Stocks to Consider for Investment on April 7, 2026

Indian Stock Market Closes in the Green After Volatile Monday Session

The Indian stock market concluded its highly volatile trading session on Monday by closing in the green. The key benchmark indices, Nifty 50 and BSE Sensex, registered significant gains. The Nifty 50 index surged 255 points to close at 22,968, while the BSE Sensex shot up 787 points to close at 74,106. The Bank Nifty index also ended the session with a gain of 1,060 points, closing at 52,609.

Sectoral Performance

Sectorally, most sectors participated in the recovery, with realty, financials, and banking emerging as the top gainers. This positive trend was also reflected in the broader markets, with midcap and smallcap indices advancing nearly 1.5% each. The improved market breadth and selective risk appetite supported this rebound.

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Gift Nifty Predicts a Gap-Down Opening for the Indian Stock Market Today

Gift Nifty is trading more than 125 points below yesterday's close, signaling a gap-down opening for the Indian stock market today. According to the Gift Nifty live chart pattern, the Nifty 50 index may open around 22,900 to 22,950. This suggests that the Nifty 50 index is expected to open below 23,000.

Vaishali Parekh's Outlook on the Indian Stock Market

Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher, believes the Dalal Street undertone is cautiously positive. However, she maintains that the Nifty 50 index would need to close above the 23,500 zone to establish some conviction and clarity. Parekh also notes that the index extended its gains further to end in the green near the 23,000 zone, but the sentiment is still not completely convincing.

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Vaishali Parekh's Stock Recommendations for Today

Vaishali Parekh recommends the following three intraday stocks to buy or sell for intraday trading:

Parekh believes that these stocks have a positive outlook and are expected to perform well in the coming days.