The Indian stock market faced a downturn on May 11, 2026, with the 30-share Sensex declining by 1,313 points or 1.70%, settling at 76,015.28, and the Nifty 50 dropping 1.50% to close at 23,815.85. This slump was attributed to broad-based selling pressure and weak global market sentiment. Sumeet Bagadia, Executive Director at Choice Broking, noted the formation of bearish candlestick patterns, indicating sustained selling pressure. He highlighted immediate support for the Nifty 50 in the 23,450–23,500 range and resistance between 24,100 and 24,150. Amid this market backdrop, Bagadia recommended five stocks for investors to consider buying on May 12: Acme Solar Holdings, Endurance Technologies, Knowledge Marine & Engineering Works, Narayana Hrudayalaya, and JK Paper. Each stock shows a strong bullish setup with specific targets and stop losses to manage risk effectively. For instance, Acme Solar Holdings is advised to be bought at ₹290 with a target of ₹313 and a stop loss at ₹275. Investors are encouraged to remain selective and monitor key support zones due to the current market volatility.