The Indian stock market is poised for a positive start on May 14, 2026, with the Gift Nifty signaling a gap-up opening. This optimism is fueled by a rebound in US technology stocks and easing crude oil prices, which have improved global risk sentiment. Wall Street closed sharply higher, with the S&P 500 and Nasdaq reaching record highs. Analyst Vaishali Parekh from Prabhudas Lilladher emphasizes the importance of the Nifty 50 index maintaining its position above 23,000 to prevent further selling pressure, suggesting that a drop below this level could lead to intensified declines towards 22,600 and 22,200. The Bank Nifty also faces critical support at 53,500, with potential downside targets of 51,800 and 50,000 if this level is breached. For today, Parekh recommends buying shares of Hindustan Copper at ₹595 with a target of ₹630, Confidence Petroleum at ₹60 with a target of ₹65, and Muthoot Finance at ₹3,508 with a target of ₹3,600.