On May 8, the benchmark indices in India, Sensex and Nifty 50, experienced declines for the second consecutive session, with the Sensex dropping 516 points (0.66%) to close at 77,328.19 and the Nifty 50 falling 151 points (0.62%) to settle at 24,176.15. This downturn was primarily driven by weakness in major banking stocks, including State Bank of India, HDFC Bank, ICICI Bank, and Axis Bank. Despite this, broader market indices like the BSE Midcap and BSE Smallcap showed resilience, with the latter gaining 0.15%. The overall market capitalization of BSE-listed companies remained steady at approximately ₹473 lakh crore (roughly $60 billion USD), supported by mid- and small-cap stocks. Raja Venkatraman, co-founder of NeoTrader and MarketSmith India, has recommended five stocks for investors to consider buying: Metropolis Healthcare Ltd, Bharat Forge Ltd, Timken India Ltd, eClerx Services Ltd, and Action Construction Equipment Ltd. Each stock comes with specific buy, stop loss, and target price recommendations, reflecting the analysts' views on potential recovery and growth in their respective sectors. Investors are urged to consult certified experts before making any investment decisions.