
Stocks to trade: Raja Venkatraman recommends three stocks for 11 May
Subscribe to enjoy similar stories.The Nifty finally showed signs of strength, generating the confidence that had been missing over the past few weeks. After identifying key support and resistance zones, Friday's strong upward move suggests momentum could build further in the sessions ahead.On 8 May 2026, the broader market picture remained mixed.
The Nifty 50 was weighed down by heavyweights such as SBI, Coal India, HDFC Bank, Bajaj Finance and Axis Bank. On the other hand, gains in Asian Paints, Apollo Hospitals, Tata Consumer, Adani Ports and Titan Company helped cushion the fall, reflecting sector-wise divergence beneath the headline index.Best stocks to buy today (All buy trades are rates of equity & sell rates are based on F&O)METROPOLIS: Buy above ₹555, stop ₹530 target ₹620 (Multiday)BHARATFORG: Buy above ₹1993, stop ₹1990 target ₹2175 (Multiday)TIMKEN: Buy above ₹3600, stop ₹3480 target ₹3890 (Multiday)The broader market reflected this split trend, with the Nifty Midcap index slipping 0.2% while the Smallcap index managed a modest 0.2% rise, highlighting resilience in smaller companies.Sectorally, the market breadth was weak, as most indices ended in the red.
PSU Banks bore the brunt with a sharp 3% decline, while Oil & Gas shed 1%. Private banks, metals, energy, power, and realty indices also fell by around 0.5% each.
However, IT, healthcare, consumer durables, and FMCG bucked the trend, closing in positive territory.Markets have been quite choppy as the overall trends have been difficult to decipher. Lack of clarity forces us to resort to a limited range action.
Hence, it’s best to move to a buy on dip and sell on rally approach. Sector rotation has been quite evident and this is increasingly becoming a theme
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