Stocks to Buy Today: Ankit Jaiswal of Univest Picks Canara Bank, Indian Hotels, Godrej Properties and Schaeffler India for 11 May 2026
- May 11, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Stocks to buy today on Monday, 11 May 2026 are shaped by two dominant market catalysts: Canara Bank’s Q4 FY26 board meeting today to declare audited results and a likely dividend, and the fresh 4% surge in Brent crude oil price toward $104 per barrel following the collapse of US-Iran peace talks over the weekend. The Nifty 50, which closed at approximately 24,580 on Friday after four consecutive sessions of gains supported by FII inflows and the India-Pakistan ceasefire, faces a mixed open as crude oil prices pressure OMC and aviation stocks while creating opportunities in defensives and domestic cyclicals. From the Univest research desk, four stocks to buy today emerge: Canara Bank Ltd (Q4 results event trigger), The Indian Hotels Company Ltd (domestic demand resilience), Godrej Properties Ltd (real estate structural demand) and Schaeffler India Ltd (industrial manufacturing compounder).
Ankit Jaiswal, Senior Research Analyst at Univest, has finalised today’s stocks to buy today watchlist after evaluating Friday’s technical close, the crude oil macro headwind, Canara Bank’s Q4 result expectations and sector rotation patterns from defensives to domestic cyclicals. Kunal Singla, Associate Director at Univest, notes that the crude oil spike from US-Iran talk failure is a near-term volatility trigger but domestic India stories remain intact, and today’s stocks to buy today list reflects this bifurcated strategy of pairing a results event play with two structural domestic demand compounders.
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Friday, 8 May 2026 Market Recap
- Nifty 50 and Sensex: The Nifty 50 closed at approximately 24,580 on Friday, 8 May 2026, gaining nearly 185 points or 0.76%. The Sensex added approximately 620 points to close near 80,850. The Nifty Midcap 100 gained 0.9% and the Small Cap 100 rose 1.1%. The Nifty is approximately 6.8% below its 52-week high of 26,373.
- Sectoral Performance: Pharma led Friday’s session. PSU banks ended mixed ahead of Canara Bank’s Q4 results today. Hospitality stocks like Indian Hotels held steady near Rs 673 despite crude oil headwind on domestic travel demand resilience. Realty maintained a firm tone as the RBI rate cut cycle continues to support housing demand.
- India VIX and FII or DII: India VIX softened to 17.6, indicating declining near-term market fear. FII flows turned marginally net positive in the first week of May 2026, buying approximately Rs 1,200 crore after April’s Rs 44,281 crore of net selling. DII remained consistent buyers providing a floor on any intraday dips.
Stocks to Buy Today on 11 May 2026: Quick Reference
All prices are based on NSE closing on 8 May 2026. Verify live on the Univest Screener before trading.
| Stock | NSE Symbol | CMP (Rs) | Buy Range (Rs) | Target (Rs) | Stop Loss (Rs) | Holding Period |
| Canara Bank Ltd | CANBK | 138 | 135 to 141 | 155 to 162 | 128 | 1 to 4 weeks (results catalyst) |
| Indian Hotels Co Ltd | INDHOTEL | 673 | 665 to 682 | 720 to 740 | 645 | 4 to 8 weeks |
| Godrej Properties Ltd | GODREJPROP | 1,840 | 1,810 to 1,870 | 2,020 to 2,100 | 1,750 | 6 to 12 weeks |
| Schaeffler India Ltd | SCHAEFFLER | 4,290 | 4,220 to 4,360 | 4,650 to 4,800 | 4,100 | 4 to 8 weeks |
Data sourced from NSE/BSE. CMP as of 8 May 2026. Past performance is not indicative of future results.
Canara Bank Ltd: Stocks to Buy Today Watchlist for 11 May 2026
Trend: Bullish , Q4 FY26 Results Catalyst Day
Key Support Levels: Rs 130 (50-day SMA) and Rs 128 (stop loss zone)
Key Resistance Levels: Rs 155 and Rs 162
Canara Bank Ltd is today’s event-driven stocks to buy today pick. The PSU bank’s board of directors meets this morning to declare audited standalone and consolidated results for Q4 and FY26, along with a likely dividend recommendation. Analysts estimate Q4 FY26 net interest income of Rs 9,560 crore, representing 4.5% year-on-year growth from Rs 9,148 crore in Q4 FY25. Net profit is estimated at Rs 3,400 to 4,000 crore range, reflecting continued improvement in asset quality and operating use.
Ankit Jaiswal, Senior Research Analyst at Univest, has flagged Canara Bank for today’s stocks to buy today watchlist ahead of its Q4 results. The technical setup supports a pre-results position: the stock has been forming a base above its 50-day SMA near Rs 130, RSI stands at 56 on the daily chart (not overbought), and volume on Friday was 1.3 times the 20-day average suggesting institutional positioning ahead of results. Gross NPA as of Q3 FY26 stood at 2.08% , dramatically improved from 4.23% at March 2025 , and further improvement toward 1.8 to 2.0% in Q4 would be a significant positive re-rating catalyst.
Kunal Singla, Associate Director at Univest, notes that Canara Bank at Rs 138 trades at approximately 1.07 times book value with return on assets at roughly 1.0% , significantly below private bank ROA of 1.5 to 2.0%. If Q4 results confirm NIM stabilisation at 2.5% and GNPA improvement below 2.0%, the bank deserves a re-rating toward 1.3 to 1.5 times book, implying a target of Rs 155 to 162.
Ankit Jaiswal suggests watching Canara Bank in the range of Rs 135 to 141, with a target of Rs 155 to 162 and a strict stop loss at Rs 128 on a daily closing basis. Holding period is 1 to 4 weeks, primarily a results catalyst play. If the Q4 results disappoint on NIM or GNPA, the stop loss at Rs 128 must be respected without exception.
The Indian Hotels Company Ltd: Stocks to Buy Today Watchlist for 11 May 2026
Trend: Recovering , Domestic Travel Demand Insulated From Crude Oil Shock
Key Support Levels: Rs 650 (50-day SMA area) and Rs 645 (stop loss zone)
Key Resistance Levels: Rs 720 and Rs 740
The Indian Hotels Company Ltd (IHCL) is on today’s stocks to buy today list as a domestic demand compounder insulated from the crude oil spike. IHCL, the Tata Group’s hospitality flagship operating Taj, Vivanta, SeleQtions and Ginger brands across 373 operational hotels and a 255-hotel pipeline, derives over 85% of revenue from domestic India travel and hospitality. The IHCL board meets today to declare Q4 FY26 audited results and the final dividend. FY26 to FY28 EBITDA CAGR is expected at 13 to 14% according to analyst estimates, with Q4 FY26 revenue and EBITDA growth at approximately 11% and 12% year-on-year.
Ankit Jaiswal has flagged Indian Hotels for today’s stocks to buy today watchlist on the basis of the stock’s technical base formation near its 50-day SMA at Rs 650, combined with a board result event today and IHCL’s structural domestic hospitality demand story that is independent of the US-Iran crude oil shock. The 52-week low of Rs 565 and 52-week high of Rs 811.95 put the current price of Rs 673 at a 17% recovery from the year’s low , suggesting the stock has already absorbed geopolitical pessimism. HSBC maintains a Buy with a revised target of Rs 800 from Rs 874.
Kunal Singla notes that IHCL’s strategy to reach 700 hotels by 2030 and double consolidated revenue to Rs 15,000 crore by FY30 represents one of the most visible long-term compounding stories in Indian hospitality. The acquisition of 51% in Brij Hotels and the IHCL-Ambuja Neotia partnership for 15 new hotels in FY26 demonstrate management’s execution credibility. Today’s stocks to buy today entry in IHCL around Rs 665 to 682 targets a Rs 720 to 740 zone representing the prior consolidation area and the next meaningful resistance.
Ankit Jaiswal suggests watching Indian Hotels in the range of Rs 665 to 682, with a target of Rs 720 to 740 and a stop loss at Rs 645 on a daily closing basis. Holding period is 4 to 8 weeks. A Q4 FY26 results beat today with positive FY27 guidance would act as the primary near-term catalyst.
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Godrej Properties Ltd: Stocks to Buy Today Watchlist for 11 May 2026
Trend: Bullish Recovery , RBI Rate Cut Cycle Supporting Real Estate
Key Support Levels: Rs 1,750 (stop loss zone) and Rs 1,729 (50-day SMA)
Key Resistance Levels: Rs 2,020 and Rs 2,100
Godrej Properties Ltd is today’s stocks to buy today structural real estate pick. India’s largest listed real estate developer by booking volumes has delivered its highest ever FY26 operational performance with record residential bookings. The company’s board recommended a Rs 10 per share dividend in its May 4, 2026 meeting and approved a Rs 3,000 crore debt programme, reflecting management confidence in FY27 project pipeline execution. The stock at Rs 1,840 trades at approximately 34 to 35 times earnings, below its 5-year average PE of 45 times, reflecting the broader real estate sector de-rating from geopolitical uncertainty.
Ankit Jaiswal has included Godrej Properties in today’s stocks to buy today list based on a technical recovery setup from the 52-week low of Rs 1,434. The stock has reclaimed its 50-day SMA at Rs 1,729 and is consolidating in a Rs 1,800 to 1,870 range. The RBI’s 50 basis point cumulative repo rate cuts in FY26 (repo now at 6.0%) directly improve residential housing affordability, reducing EMI for a Rs 75 lakh home loan by approximately Rs 2,800 per month versus the pre-cut level. This affordability improvement is the structural demand catalyst for Godrej Properties’ premium residential projects in Pune, Bengaluru, Mumbai and NCR.
Kunal Singla notes that Godrej Properties’ acquisition of a 44-acre land parcel in Coimbatore and a 20-acre land in East Bengaluru in FY26 demonstrates continued geographic diversification that extends the revenue pipeline beyond FY27. The company has approximately 215 million square feet of saleable area across India , one of the largest development pipelines in listed Indian real estate. Ankit Jaiswal suggests watching Godrej Properties in the range of Rs 1,810 to 1,870, with a target of Rs 2,020 to 2,100 and a stop loss at Rs 1,750 on a daily closing basis. Holding period is 6 to 12 weeks.
Schaeffler India Ltd: Stocks to Buy Today Watchlist for 11 May 2026
Trend: Bullish , Industrial Manufacturing Compounder
Key Support Levels: Rs 4,100 (stop loss zone) and Rs 4,050 (100-day SMA area)
Key Resistance Levels: Rs 4,467 (52-week high) and Rs 4,650 to 4,800 (targets)
Schaeffler India Ltd is today’s stocks to buy today industrial manufacturing quality compounder. The German parent Schaeffler Group’s India listed subsidiary manufactures precision bearings (INA, FAG and LuK brands), powertrain components and automotive aftermarket products from its four plants in Gujarat and Maharashtra. CY2025 full-year results were exceptional: net profit grew 22.36% year-on-year to Rs 1,196 crore, revenue from operations grew 26.93% to Rs 9,395 crore. Q4 CY2025 standalone net profit surged 35.86% year-on-year to Rs 322 crore.
Ankit Jaiswal has flagged Schaeffler India for today’s stocks to buy today watchlist on the basis of a technically constructive setup near its 52-week high of Rs 4,467.70. The stock at Rs 4,290 is approximately 4% below its 52-week high , a high tight flag pattern similar to the Lupin setup discussed in the 8 May article. RSI stands at approximately 62, MACD is positive on the daily chart, and the 50-day SMA near Rs 4,100 provides a well-defined stop loss zone. A confirmed daily close above Rs 4,467 on above-average volume would trigger the breakout, with initial targets of Rs 4,650 to 4,800.
Kunal Singla notes that Schaeffler India benefits from three structural India manufacturing themes simultaneously: the automotive EV transition (Schaeffler makes e-axle components and high-precision bearings for EV drivetrains), the industrial capex supercycle (bearings used in all industrial machinery) and the exports growth story (exports to Schaeffler group companies growing at 25%+ annually). At 54 to 57 times earnings, the premium is justified by the 25 to 30% EPS growth trajectory and the parent group’s technological leadership in precision motion technology.
Ankit Jaiswal suggests watching Schaeffler India in the range of Rs 4,220 to 4,360, with a target of Rs 4,650 to 4,800 and a stop loss at Rs 4,100 on a daily closing basis. Holding period is 4 to 8 weeks. Aggressive traders may add on a confirmed daily close above Rs 4,467.
Key Sectors to Watch on 11 May 2026
- PSU Banking: PSU Banking: Canara Bank’s Q4 results today set the tone for the entire PSU bank basket. A beat on NIM and GNPA improvement would trigger sector-wide buying in Bank of Baroda, Punjab National Bank and Union Bank. Conversely, a NIM miss would put pressure on PSU bank stocks broadly.
- Hospitality: Hospitality and Domestic Travel: Indian Hotels’ Q4 results today combined with 13 to 14% EBITDA CAGR guidance confirm domestic travel demand. The crude oil spike does not impact domestic hotel occupancy directly and may reduce outbound international travel, redirecting tourists toward domestic destinations.
- Industrial: Industrial Manufacturing: Schaeffler India’s pre-breakout setup represents the broader industrial capex and EV manufacturing theme. Capital goods and auto ancillary stocks continue to attract institutional interest as India’s manufacturing PLI schemes drive order books.
Strategy for Today’s Stocks to Buy Today Picks
- Results Event Discipline: Canara Bank is a pure results event play for today’s stocks to buy today session. Enter only within the Rs 135 to 141 buy range and exit if the Q4 results disappoint materially on NIM or GNPA. Do not hold through the result on a large position if you have not set a stop loss.
- Stagger Entry: Stagger entry for Indian Hotels and Godrej Properties: buy 50% at the lower end of the buy range and add the balance on a pullback or positive Q4 confirmation from IHCL’s board meeting today.
- Wait for Entry: Schaeffler India is the most technically clean setup among today’s stocks to buy today , wait for the Rs 4,220 zone on any crude oil-induced morning weakness before initiating. Do not chase above Rs 4,360.
- Stop Loss Discipline: Set stop loss GTT orders immediately after entry on all four stocks to buy today. Use daily closing basis for stop loss assessment , not intraday spikes.
Risks to Today’s Stocks to Buy Today Picks
- Crude Oil Open: Crude Oil Gap-Up Open Risk: If Brent crude opens above $108 on the MCX, broader market selling may pull even domestic stocks to buy today lower in the opening session. Wait for the first 30 minutes of market action to stabilise before initiating positions.
- Canara Bank Results Risk: Canara Bank Results Miss: If Q4 NIM disappoints below 2.3% or GNPA worsens, Canara Bank could fall 5 to 8% intraday. The Rs 128 stop loss must be respected unconditionally.
- Geopolitical Risk: India-Pakistan Geopolitical Relapse: Any escalation in India-Pakistan ceasefire situation would create broad market risk-off that affects all stocks to buy today positions.
- FII Risk: FII Outflow Reversal: If crude oil price spike at $104 raises US inflation fears and delays Fed rate cuts, FII flows into India could reverse from their recent improvement.
Conclusion: Stocks to Buy Today on 11 May 2026
Today’s stocks to buy today list from Univest balances a results event catalyst (Canara Bank Q4 today), a domestic demand compounder shielded from crude oil (Indian Hotels), a RBI rate cut structural beneficiary (Godrej Properties) and an industrial manufacturing breakout setup (Schaeffler India). The 4% crude oil price spike from US-Iran peace talk failure creates morning volatility but does not change the domestic India earnings and demand story that underpins three of the four stocks to buy today.
Ankit Jaiswal, Senior Research Analyst at Univest, emphasises maintaining strict stop loss discipline on Canara Bank given the binary results event nature of today’s catalyst, while using any crude oil-induced early morning weakness in Indian Hotels and Godrej Properties as the preferred entry opportunity. Kunal Singla, Associate Director at Univest, sees Schaeffler India as the highest quality technical setup among today’s stocks to buy today picks, with the clearest risk-reward profile at the Rs 4,220 buy zone versus the Rs 4,650 to 4,800 target range.
FAQs on Stocks to Buy Today , 11 May 2026
What are the top stocks to buy today on 11 May 2026?
Ans. The top stocks to buy today on 11 May 2026 from Univest analyst Ankit Jaiswal are Canara Bank (Q4 results event), Indian Hotels Company, Godrej Properties and Schaeffler India. Each represents a distinct strategy from results event play to domestic demand compounders and industrial manufacturing breakout.
Why is Canara Bank on the stocks to buy today list?
Ans. Canara Bank is on today’s stocks to buy today watchlist because its board meets today to declare Q4 FY26 audited results and a likely dividend. Estimates point to NII of Rs 9,560 crore and PAT of Rs 3,400 to 4,000 crore, with GNPA expected to improve below 2.0% , a positive re-rating catalyst for the stock from current 1.07 times book.
Is Indian Hotels a good stock to buy today despite crude oil rise?
Ans. Indian Hotels derives over 85% of revenue from domestic India travel, making it largely insulated from the crude oil price spike. The stock’s Q4 FY26 results today, combined with 13 to 14% EBITDA CAGR guidance for FY26 to FY28, make it a quality domestic demand compounder among today’s stocks to buy today picks.
What is the target for Godrej Properties?
Ans. Ankit Jaiswal’s stocks to buy today target for Godrej Properties is Rs 2,020 to 2,100, representing 10 to 14% upside from the Rs 1,810 to 1,870 buy range. The RBI’s 6.0% repo rate, record FY26 residential bookings and the Rs 3,000 crore debt programme for pipeline development are the key catalysts.
Why is Schaeffler India flagged for stocks to buy today?
Ans. Schaeffler India at Rs 4,290 is 4% below its 52-week high of Rs 4,467 in a high tight flag technical pattern. CY2025 net profit grew 22.36% year-on-year. Precision bearing demand from India’s EV transition, industrial capex and Schaeffler group export orders justify the premium and make it the highest quality technical setup among today’s stocks to buy today list.
How can retail investors use the stocks to buy today list from Univest?
Ans. Retail investors should use the stocks to buy today list as a starting point for research. Verify each stock’s live price and fundamentals on the Univest Screener, confirm the buy range before placing orders, set stop loss orders immediately after entry, and assess whether each stock fits personal risk tolerance and investment horizon.
What are the stop loss levels for today’s stocks to buy today picks?
Ans. Stop loss levels for today’s stocks to buy today are: Canara Bank Rs 128, Indian Hotels Rs 645, Godrej Properties Rs 1,750 and Schaeffler India Rs 4,100 , all on a daily closing basis. GTT stop loss orders should be placed immediately after each position is initiated.
Where can I track today’s stocks to buy today live?
Ans. Track Canara Bank, Indian Hotels, Godrej Properties and Schaeffler India live prices, technical charts and analyst research through the Univest platform and Screener. Download the Univest app for real-time price alerts and research notifications on today’s stocks to buy today selections.
Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making investment decisions. Research prepared by SEBI-registered Research Analysts at Univest. Registration No. INH000012449.
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