Stocks to trade: Raja Venkatraman recommends three stocks for 6 May
Subscribe to enjoy similar stories.Stock market recap: Frontline indices, the Sensex and the Nifty 50, ended in the negative territory on Tuesday, largely due to profit booking in select banking and financial heavyweights.The 30-share pack Sensex closed 252 points, or 0.33%, lower at 77,017.79, while the NSE barometer Nifty 50 ended at 24,032.80, down 87 points, or 0.36%.Amid a series of upcoming events set to shape market sentiment, markets navigate an environment clouded with uncertainty.Three stocks to trade, recommended by NeoTrader’s Raja Venkatraman:ABCAPITAL (Cmp ₹360.85)ABCAPITAL: Buy above ₹363, stop ₹340 target ₹405 (Multiday)AUROPHARMA (Cmp ₹1428.10)AUROPHARMA: Buy above ₹1430, stop ₹1390 target ₹1550 (Multiday) FINCABLES (Cmp ₹1054.95)FINCABLES: Buy above ₹1060, stop ₹1020 target ₹1150 (Multiday)Stock Market RecapOn 5 May 2026, Indian equities ended lower in a volatile session ahead of the Nifty weekly F&O expiry. The Sensex slipped 251.61 points or 0.33% to close at 77,017.79, while the Nifty fell 86.5 points or 0.36% to settle at 24,032.80.
Despite the decline, the Nifty managed to hold above the psychologically important 24,000 mark, and the Sensex recovered nearly 500 points from its intraday low. Market breadth remained weak, with 1,890 shares advancing, 2,110 declining, and 169 unchanged.Foreign institutional investors turned net buyers after nine consecutive sessions of selling, infusing ₹2,836 crore, while domestic institutional investors continued their buying streak for the seventh day, adding ₹4,764 crore.
Sectorally, the Nifty Auto index posted marginal gains of 0.2%, whereas the Realty index was the worst performer, shedding over 1%, dragged down by Godrej Properties. Volatility is expected to
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