On May 8, 2023, Indian benchmark indices, the Nifty 50 and BSE Sensex, opened lower, declining by 0.47% and 0.51% respectively, amid rising crude oil prices and escalating tensions between the US and Iran. As of 10:21 IST, the Nifty 50 was at 24,213.40, while the Sensex stood at 77,448.45. Despite the downturn, analysts noted resilience in the broader market, particularly in midcap and smallcap indices, which gained 0.1% and 0.2% respectively. Rajesh Palviya (Senior Vice President of Technical and Derivatives Research at Axis Securities) suggested three stocks for investors: NBCC (India) Ltd, Lupin Ltd, and RBL Bank Ltd. NBCC has shown strong bullish signals, with an expected upside of ₹103-106. Lupin has also surpassed key resistance levels, with a target range of ₹2550-2700. RBL Bank is in a strong uptrend, with potential gains of ₹360-385. Investors are advised to consider accumulating these stocks as they demonstrate positive momentum.