Gift Nifty flags gap-up open; Parekh backs Hindustan Copper, Confidence Petroleum, Muthoot Finance

Vaishali Parekh pegs Nifty support at 23,000 with resistance near 23,600–23,800 as Gift Nifty points to a gap-up open on 14 May 2026. Intraday buys: Hindustan Copper (target 630, SL 585), Confidence Petroleum (target 65, SL 58), Muthoot Finance (target 3,600, SL 3,480).

— FiledThu, 14 May, 2026, 07:32 IST·First seen Thu, 14 May, 2026, 07:32 IST·Source Mint · Markets

What happened

Nifty 50 · Indian markets set for gap-up opening on 14 May 2026 amid global cues. Vaishali Parekh flags Nifty support at 23,000 and recommends buying Hindustan

Key facts

  • 23,000
  • 23,600
  • 23,800
  • 22,600
  • 22,200
  • 54,000
  • 53,450
  • 53,500
  • 51,800
  • 50,000
  • 595
  • 630
  • 585
  • 60
  • 65
  • 58
  • 3,508
  • 3,600
  • 3,480
  • 320
  • 1.2%

Why this matters

A technical-driven gap-up signal with low strategic worthiness offers limited read-through for deal timing or sector-level M&A conviction.