Stocks to trade: Raja Venkatraman recommends three stocks for 8 May
Subscribe to enjoy similar stories.The Nifty generated a sense of confidence that we have been searching for the last few weeks. We had identified important zones, and this strong thrust seen yesterday could now fuel some trends ahead.Best stocks to buy today (All buy trades are rates of equity, and sell rates are based on F&O)Sun Pharma Advanced Research Co. Ltd: Buy above ₹169 | Stop ₹158 | Target ₹193 (multiday)Laxmi Organic Industries Ltd: Buy above ₹165 | Stop ₹157 | Target ₹181 (multiday)One 97 Communications Ltd (PayTM): Buy above ₹1,200 | Stop ₹1,150 | Target ₹1,290 (multiday)On 7 May 2026, Indian equity markets ended marginally lower after another volatile session, as profit booking erased early gains despite optimism over easing geopolitical tensions following reports of a possible US-Iran peace deal.
The benchmarks opened on a firm note, extending the previous day’s momentum, but failed to sustain higher levels and slipped towards the day’s low.At close, the Sensex declined 114 points or 0.15% to 77,844.52, while the Nifty edged down 4.30 points or 0.02% to settle at 24,326.65, though it managed to hold above the 24,330 mark. Broader markets outperformed the frontline indices, with the Nifty Midcap Index surging 1.1% to a fresh peak of 62,094.40, while the Smallcap Index also registered gains, reflecting strong investor appetite beyond the large-cap space.
The session highlighted resilience in mid- and small-cap segments even as headline indices struggled to maintain upward momentum amid intermittent selling pressure.Trends are looking positive, but they are unable to take the initiative, making it a very cumbersome activity. Markets, despite holding on to emerging bullish trends, are hampered by the lack of
. Read on livemint.com