Vaishali Parekh Recommends Three Stocks for Purchase on 25 March 2026

Indian Stock Market Bounces Back Following US-Iran De-escalation

On 25 March, the Indian stock market experienced a strong recovery, with the Nifty 50 index surging 445 points or 2% to close at 22,958. The BSE Sensex shot up 1,372 points or 1.89% and ended at 74,068. The Bank Nifty index surged 1,305 or 2.54% and finished at 52,743.

The sectoral participation was broadly positive, with most major sectors ending in the green. The banking, auto, and financials sectors led the rebound, while the mid- and small-cap indices gained over 2.5% each.

Technical Analysis

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According to Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher, the Nifty 50 index is facing a hurdle at 23,050. A closing break above this resistance would indicate a fresh uptrend in the Indian stock market.

Market Outlook

Parekh expects the Nifty 50 index to continue its upward move, with targets of 23,400 and 23,800 levels in the coming days. The 22,500 zone is seen as an important support level, which needs to be sustained.

For the Bank Nifty, Parekh believes that the index is maintaining the important support zone near the 51,000 zone, which has indicated a significant pullback to end above the 52,500 zone. A decisive move past the 53,000 zone is required to overall improve the bias and anticipate a fresh upward move in the coming days.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Stock Recommendations

Parekh recommends the following stocks for intraday trading:

• Ambuja Cements: Buy at ₹413, Target ₹430, Stop Loss ₹408
• Shipping Corporation of India: Buy at ₹226, Target ₹238, Stop Loss ₹218
• Persistent Systems: Buy at ₹4910, Target ₹5150, Stop Loss ₹4850