{"id":83407,"date":"2026-05-08T00:30:00","date_gmt":"2026-05-07T19:00:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=83407"},"modified":"2026-05-07T16:30:32","modified_gmt":"2026-05-07T11:00:32","slug":"best-intraday-stocks-for-today-8-may-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/","title":{"rendered":"Best Intraday Stocks for Today 8 May 2026: SBI Q4 Results, MRF Earnings Beat and BPCL Crude Play"},"content":{"rendered":"<p>The best intraday stocks for today on 8 May 2026 are selected from a session defined by one of the single largest institutional events of the Q4 FY26 earnings season: State Bank of India&#8217;s quarterly results, expected at approximately 1:53 PM IST, followed by an analyst meet at 5:15 PM. Friday&#8217;s intraday stocks for today also include MRF, which reported a 37.56 per cent year-on-year jump in Q4 FY26 PAT to Rs 702.25 crore after Thursday&#8217;s close, beating the analyst estimate of Rs 680 to 740 crore at the upper end, and BPCL, which continues to be the highest-conviction macro play as crude oil stabilises in the Rs 95 to Rs 102 per barrel range while the Iran MoU framework holds. These three intraday stocks for today represent three distinct catalyst types that a well-structured Friday session demands: a live results catalyst in SBI, a post-results reaction in MRF, and a sustained macro repricing in BPCL.<\/p><p>Univest research analysts Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, have screened Friday&#8217;s full catalyst calendar against liquidity, F&amp;O depth, and specific entry setup quality to arrive at these three intraday stocks for today. Two stocks were explicitly rejected on data-driven grounds before these final three were selected: Bajaj Auto, despite Thursday&#8217;s 52-week high breakout, is extended after three consecutive sessions of gains and presents an unfavourable risk-reward as an intraday stock for today; and IndiGo, while still a macro beneficiary of crude recovery, faces a pre-expiry consolidation overhang in the aviation sector that reduces intraday directional clarity. The three intraday stocks for today that remain are each selected because their catalyst is session-specific, their entry zone is defined, and their stop loss is rooted in a verifiable technical level rather than a round number estimate.<\/p><p>Get live stock picks and SEBI-registered analyst research on\u00a0<a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Univest<\/strong><\/a>.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#Overview_of_Best_Intraday_Stocks_for_Today_8_May_2026\" title=\"Overview of Best Intraday Stocks for Today 8 May 2026\">Overview of Best Intraday Stocks for Today 8 May 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#1_Intraday_Stocks_for_Today_SBI_Q4_FY26_Results_at_1_53_PM_Dividend_and_Analyst_Meet\" title=\"1. Intraday Stocks for Today: SBI Q4 FY26 Results at 1:53 PM, Dividend and Analyst Meet\">1. Intraday Stocks for Today: SBI Q4 FY26 Results at 1:53 PM, Dividend and Analyst Meet<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#State_Bank_of_India_SBIN_Share\" title=\"State Bank of India (SBIN) Share\">State Bank of India (SBIN) Share<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#2_Intraday_Stocks_for_Today_MRF_PAT_Surges_3756_YoY_to_Rs_702_Crore_Dividend_Rs_229_Per_Share\" title=\"2. Intraday Stocks for Today: MRF PAT Surges 37.56% YoY to Rs 702 Crore, Dividend Rs 229 Per Share\">2. Intraday Stocks for Today: MRF PAT Surges 37.56% YoY to Rs 702 Crore, Dividend Rs 229 Per Share<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#MRF_Share\" title=\"MRF Share\">MRF Share<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#3_Intraday_Stocks_for_Today_BPCL_Sustained_Crude_Recovery_Play_as_Iran_MoU_Holds\" title=\"3. Intraday Stocks for Today: BPCL Sustained Crude Recovery Play as Iran MoU Holds\">3. Intraday Stocks for Today: BPCL Sustained Crude Recovery Play as Iran MoU Holds<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#BPCL_Share\" title=\"BPCL Share\">BPCL Share<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#Stocks_Considered_and_Rejected_for_Todays_Intraday_List\" title=\"Stocks Considered and Rejected for Today&#8217;s Intraday List\">Stocks Considered and Rejected for Today&#8217;s Intraday List<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#Global_Cues_Affecting_Intraday_Stocks_for_Today\" title=\"Global Cues Affecting Intraday Stocks for Today\">Global Cues Affecting Intraday Stocks for Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#Intraday_Trading_Strategy_for_Today_8_May_2026\" title=\"Intraday Trading Strategy for Today, 8 May 2026\">Intraday Trading Strategy for Today, 8 May 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#What_are_the_best_intraday_stocks_for_today_on_8_May_2026\" title=\"What are the best intraday stocks for today on 8 May 2026?\">What are the best intraday stocks for today on 8 May 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#Why_is_SBI_the_top_intraday_stock_for_today_on_8_May\" title=\"Why is SBI the top intraday stock for today on 8 May?\">Why is SBI the top intraday stock for today on 8 May?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#What_were_MRFs_Q4_FY26_actual_results_and_why_does_it_qualify_as_an_intraday_stock_for_today\" title=\"What were MRF&#8217;s Q4 FY26 actual results and why does it qualify as an intraday stock for today?\">What were MRF&#8217;s Q4 FY26 actual results and why does it qualify as an intraday stock for today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#How_does_the_Iran_MoU_situation_affect_intraday_stocks_for_today_on_8_May\" title=\"How does the Iran MoU situation affect intraday stocks for today on 8 May?\">How does the Iran MoU situation affect intraday stocks for today on 8 May?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#Why_were_Bajaj_Auto_and_IndiGo_excluded_from_intraday_stocks_for_today_on_8_May\" title=\"Why were Bajaj Auto and IndiGo excluded from intraday stocks for today on 8 May?\">Why were Bajaj Auto and IndiGo excluded from intraday stocks for today on 8 May?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/best-intraday-stocks-for-today-8-may-2026\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Overview_of_Best_Intraday_Stocks_for_Today_8_May_2026\"><\/span><strong>Overview of Best Intraday Stocks for Today 8 May 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Stock<\/strong><\/td><td><strong>Entry Zone (Rs)<\/strong><\/td><td><strong>Target (Rs)<\/strong><\/td><td><strong>Stop Loss (Rs)<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/user\/stocks\/sbin\/state-bank-of-india-share-price-today\">SBI (SBIN)<\/a><\/td><td>1,060 to 1,080<\/td><td>1,120 to 1,150<\/td><td>1,030<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/user\/stocks\/mrf\/mrf-ltd-share-price-today\">MRF<\/a><\/td><td>1,28,000 to 1,30,000<\/td><td>1,36,000 to 1,38,000<\/td><td>1,25,000<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/user\/stocks\/bpcl\/bharat-petroleum-corporation-ltd-share-price-today\">BPCL<\/a><\/td><td>312 to 318<\/td><td>330 to 340<\/td><td>298<\/td><\/tr><\/tbody><\/table><\/figure><p>All three intraday stocks for today are selected because each carries a specific, verifiable catalyst that is session-dated to Friday, 8 May. SBI is the most time-sensitive intraday stock for today, with results expected around 1:53 PM creating a pre-results positioning window from 9:15 AM and a post-results reaction phase from approximately 2:00 PM onward. MRF&#8217;s 37.56 per cent PAT beat declared after Thursday&#8217;s close creates a gap-up reaction window in the first 30 minutes of Friday&#8217;s session. BPCL&#8217;s Iran MoU crude recovery thesis has three full sessions of evidence behind it and remains the most structurally clean intraday stock for today for traders who want a macro play with a defined entry and stop.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Intraday_Stocks_for_Today_SBI_Q4_FY26_Results_at_1_53_PM_Dividend_and_Analyst_Meet\"><\/span><strong>1. Intraday Stocks for Today: SBI Q4 FY26 Results at 1:53 PM, Dividend and Analyst Meet<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"State_Bank_of_India_SBIN_Share\"><\/span><strong>State Bank of India (SBIN) Share<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Entry Zone: <\/strong>Rs 1,060 to Rs 1,080&nbsp; |&nbsp; <strong>Target: <\/strong>Rs 1,120 to Rs 1,150&nbsp; |&nbsp; <strong>Stop Loss: <\/strong>Rs 1,030<\/p><p>52-week High: Rs 1,100&nbsp; |&nbsp; 52-week Low: Rs 740&nbsp; |&nbsp; CMP: approx Rs 1,068<\/p><p>SBI is the dominant intraday stock for today on 8 May 2026 for a reason no other stock on this list can match: its Q4 FY26 results are being announced live during the trading session, with an analyst meet at 5:15 PM. SBI&#8217;s Central Board meets on Friday morning in Mumbai, with results expected at approximately 1:53 PM IST, the same timing as Q3 FY26 results on February 7. This creates a two-phase intraday structure for this stock: a pre-results positioning phase from 9:15 AM to approximately 1:45 PM, and a post-results reaction phase from approximately 2:00 PM to 3:30 PM close. Both phases offer actionable intraday opportunities, but the strategy for each is fundamentally different, and this is precisely why SBI qualifies as the highest-priority intraday stock for today.<\/p><p>The analyst consensus for SBI&#8217;s Q4 FY26 results, sourced from Nomura, Kotak Institutional Equities, and the broader brokerage community, frames the most probable outcome as follows: NII growth of approximately 9 per cent year on year to approximately Rs 46,620 crore driven by loan growth of 14 to 17 per cent and deposit growth of 9 per cent; PAT in the Rs 17,000 to Rs 19,000 crore range, broadly flat versus Q4 FY25&#8217;s Rs 18,640 crore, as treasury losses from hardened government security yields offset core banking income growth; and NIM potentially under modest pressure at 3.2 to 3.4 per cent versus Q3 FY26&#8217;s 3.35 per cent. Nomura forecasts PAT near Rs 18,700 crore (flat YoY) while Kotak Institutional Equities is more cautious with a 22 per cent sequential PAT decline. The significant spread in estimates creates a higher-than-usual post-results price gap potential, which is the core intraday opportunity in this stock for today.<\/p><p>The dividend variable is the single most potentially surprising element in SBI&#8217;s Q4 FY26 announcement as an intraday stock for today. SBI distributed Rs 15.90 per share for FY25. A maintained or increased dividend for FY26 would create yield-based floor buying from domestic institutional investors and retail shareholders, providing intraday support if the headline PAT disappoints. Conversely, a dividend cut or omission would be a negative surprise. The asset quality signal is the second key variable: if SBI&#8217;s GNPA ratio stays below 1.6 per cent and SME and agriculture portfolio slippages are contained, the stock price reaction will be positive even if PAT is at the lower end of consensus. Management commentary on FY27 NIM guidance and credit cost trajectory at the 5:15 PM analyst meet will be the definitive re-rating catalyst, though this falls after market close.<\/p><p>Ankit Jaiswal, Senior Research Analyst at Univest, frames SBI as the most technically clean intraday stock for today because the entry zone of Rs 1,060 to Rs 1,080 aligns with the stock&#8217;s 10-day volume-weighted average price zone and gives traders a well-defined risk-reward structure. He recommends the pre-results phase be traded as a buy-on-dips setup above Rs 1,060 with a target of Rs 1,090 to Rs 1,100 as results anticipation builds into the 1:45 PM window. The post-results phase should be traded only after the headline PAT number is confirmed: if PAT comes in above Rs 18,500 crore with NIM guidance of 3.3 per cent or above and dividend above Rs 15.90 per share, Jaiswal&#8217;s intraday target for SBI is Rs 1,120 to Rs 1,150 in the 90-minute post-results trading window. The Rs 1,030 stop corresponds to the May 5 session low and provides a 3.5 per cent downside buffer from the entry zone.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Intraday_Stocks_for_Today_MRF_PAT_Surges_3756_YoY_to_Rs_702_Crore_Dividend_Rs_229_Per_Share\"><\/span><strong>2. Intraday Stocks for Today: MRF PAT Surges 37.56% YoY to Rs 702 Crore, Dividend Rs 229 Per Share<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"MRF_Share\"><\/span><strong>MRF Share<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Entry Zone: <\/strong>Rs 1,28,000 to Rs 1,30,000&nbsp; |&nbsp; <strong>Target: <\/strong>Rs 1,36,000 to Rs 1,38,000&nbsp; |&nbsp; <strong>Stop Loss: <\/strong>Rs 1,25,000<\/p><p>52-week High: Rs 1,60,000&nbsp; |&nbsp; 52-week Low: approx Rs 1,12,000&nbsp; |&nbsp; Analyst Estimated PAT: Rs 680 to Rs 740 crore&nbsp; |&nbsp; Actual Q4 PAT: Rs 702.25 crore<\/p><p>MRF is the second intraday stock for today because Thursday after-hours results have set up a clean gap-up reaction play for Friday&#8217;s open. Q4 FY26 PAT came in at Rs 702.25 crore, up 37.56 per cent year on year from Rs 510.5 crore in Q4 FY25. Revenue from operations rose 13.70 per cent year on year to Rs 8,044.22 crore. The board recommended a final dividend of Rs 229 per share, a substantial payout that provides yield support at current prices. The PAT of Rs 702.25 crore falls at the upper end of the analyst estimate range of Rs 680 to Rs 740 crore, confirming a beat rather than a miss and validating MRF as an intraday stock for today on genuine earnings quality rather than a low-expectation surprise.<\/p><p>The context for MRF as an intraday stock for today is important. The stock had delivered a negative 12 per cent one-year return entering Q4 results, trading at approximately Rs 1,32,000 against a 52-week high of Rs 1,60,000. The 37.56 per cent PAT growth is a significant beat against this depressed valuation context, and the Rs 229 per share dividend announcement adds a concrete capital return signal that anchors the re-rating argument. Crude oil&#8217;s stabilisation in the Rs 95 to Rs 102 per barrel range is also a direct input cost positive for MRF: synthetic rubber and carbon black, two primary raw materials in tyre manufacturing, are petrochemical derivatives whose prices decline with crude. The combination of a strong earnings beat, a generous dividend, and a crude oil input cost tailwind makes MRF the most multifaceted intraday stock for today from a catalyst perspective.<\/p><p>Kunal Singla, Associate Director at Univest, sets the entry strategy for MRF as an intraday stock for today at a wait-and-confirm approach. Given MRF&#8217;s very high share price (approximately Rs 1,32,000 per share), the stock&#8217;s lot size in F&amp;O is small and the bid-ask spread at the open can be wide in a gap-up session. Singla recommends waiting for the first 15-minute candle to close above Rs 1,30,000 with F&amp;O futures open interest increasing (confirming institutional longs) before entering. The target of Rs 1,36,000 to Rs 1,38,000 represents a 4.6 to 6.1 per cent move from the entry zone, which is achievable within a single session given MRF&#8217;s average true range on earnings reaction days. The Rs 1,25,000 stop corresponds to Thursday&#8217;s closing level, and any gap-up that fades to below Rs 1,25,000 would signal a sell-on-news reversal rather than the sustained re-rating that these intraday stocks for today are built around.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Intraday_Stocks_for_Today_BPCL_Sustained_Crude_Recovery_Play_as_Iran_MoU_Holds\"><\/span><strong>3. Intraday Stocks for Today: BPCL Sustained Crude Recovery Play as Iran MoU Holds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"BPCL_Share\"><\/span><strong>BPCL Share<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Entry Zone: <\/strong>Rs 312 to Rs 318&nbsp; |&nbsp; <strong>Target: <\/strong>Rs 330 to Rs 340&nbsp; |&nbsp; <strong>Stop Loss: <\/strong>Rs 298<\/p><p>52-week High: Rs 391.65&nbsp; |&nbsp; 52-week Low: Rs 266.60&nbsp; |&nbsp; Wednesday Close: Rs 314.05&nbsp; |&nbsp; Q4 FY26 Results Expected: approx May 12, 2026<\/p><p>BPCL is the third intraday stock for today and the most structurally clean of the three because its catalyst is macro and continuous rather than event-dated to a single announcement. Brent crude has stabilised in the Rs 95 to Rs 102 per barrel range through Wednesday and Thursday following the US-Iran MoU framework reports, and Trump&#8217;s caution on the deal on Thursday has slowed but not reversed the crude decline. BPCL&#8217;s intraday stock for today thesis is built on the most straightforward financial logic available in the current market: every dollar of sustained crude decline below the pre-MoU level of approximately Rs 110 per barrel directly improves BPCL&#8217;s marketing margin by an estimated Rs 0.40 to Rs 0.50 per litre on the diesel basket, which is the most important revenue and profitability driver for the company.<\/p><p>BPCL has been a three-session intraday stock for today candidate since Wednesday&#8217;s Iran MoU reports, but Friday presents a different technical setup than the initial gap-up reaction session. The stock closed at Rs 314.05 on Wednesday and has been consolidating in the Rs 310 to Rs 318 range through Thursday, building a higher-low structure that is classically constructive for a continuation intraday trade. The Rs 298 stop has now held for three consecutive sessions, each time drawing buyers who believe the crude recovery thesis is intact. This multi-session technical consolidation above the Rs 298 level transforms BPCL into the most disciplined intraday stock for today entry among the three picks: there is no gap risk at the open and the entry zone is precisely defined by the three-day support structure.<\/p><p>Ankit Jaiswal, Senior Research Analyst at Univest, notes that BPCL&#8217;s Q4 FY26 results are expected around May 12, keeping BPCL as a sustained intraday stock for today through next week. For Friday specifically, the entry recommendation is in the Rs 312 to Rs 318 zone, with the first 15-minute candle close above Rs 316 and volume at 1.5 times the 10-day average of approximately 1.22 crore shares as the confirmation filter. The target of Rs 330 to Rs 340 aligns with the pre-conflict May 2026 price zone where BPCL was trading before crude spiked above Rs 110. If the Iran deal formally confirms over the weekend, BPCL&#8217;s recovery trajectory toward the 52-week high of Rs 391.65 makes it a multi-session positional candidate beyond Friday&#8217;s intraday trade. The Rs 298 stop is non-negotiable and should be set at the point of entry without adjustment.<\/p><p>Track live prices of these stocks as BJP winning West Bengal on the\u00a0<a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stocks_Considered_and_Rejected_for_Todays_Intraday_List\"><\/span><strong>Stocks Considered and Rejected for Today&#8217;s Intraday List<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>A credible intraday stocks for today list is defined as much by what is excluded as by what is included. Two stocks were specifically evaluated and rejected for Friday&#8217;s intraday stocks for today before the final three were selected.<\/p><ul class=\"wp-block-list\"><li><strong>Bajaj Auto: <\/strong>Thursday&#8217;s 52-week high breakout above Rs 10,480 after the Q4 PAT plus 34 per cent and buyback announcement makes Bajaj Auto momentum-extended as an intraday stock for today. Stocks that gap up 4 to 5 per cent and then continue rising for three sessions carry significantly elevated reversal risk on the fourth session, particularly when profit-booking FIIs (who sold Rs 5,835 crore net on May 6) use subsequent strength to exit. The risk-reward for a new intraday long in Bajaj Auto on Friday is unfavourable at current levels and the stock was excluded from intraday stocks for today.<\/li>\n\n<li><strong>IndiGo (InterGlobe Aviation): <\/strong>IndiGo remains a structural beneficiary of crude oil&#8217;s Iran MoU-driven decline, and was the second-highest-conviction intraday stock for today on Wednesday and Thursday. However, Thursday&#8217;s Mumbai Airport 6-hour shutdown created an operational disruption that has introduced short-term uncertainty into the aviation sector&#8217;s intraday dynamics. IndiGo&#8217;s Q4 FY26 results are scheduled for May 27, meaning Friday has no company-specific catalyst to anchor the intraday trade beyond the macro crude thesis, which is already well-priced after two sessions of gains. IndiGo was excluded from intraday stocks for today in favour of MRF, which has a fresh post-results catalyst that IndiGo lacks on Friday.<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Cues_Affecting_Intraday_Stocks_for_Today\"><\/span><strong>Global Cues Affecting Intraday Stocks for Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><ul class=\"wp-block-list\"><li><strong>GIFT Nifty at 24,500.50 (Thursday evening): <\/strong>The GIFT Nifty reading of 24,500.50 as of Thursday evening signals a flat to mildly positive Friday open, approximately 174 points above Thursday&#8217;s <a href=\"https:\/\/univest.in\/user\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty<\/a> close of 24,326. A flat open is constructive for all three intraday stocks for today: it avoids the gap-up chase risk that reduces entry quality, and gives traders the 15-minute candle confirmation window that is the cornerstone of the Univest intraday stock for today entry strategy.<\/li>\n\n<li><strong>Brent Crude at SGX Open: <\/strong>Brent crude stabilised in the Rs 96 to Rs 102 range on Thursday after Wednesday&#8217;s 7 per cent collapse. A sustained hold below Rs 100 at Friday&#8217;s SGX open confirms the Iran deal framework is intact and maintains the BPCL intraday stock for today thesis. A crude spike above Rs 105 on fresh Iran deal denial headlines would immediately reduce conviction in BPCL and shift Friday&#8217;s intraday stocks for today priority toward SBI and MRF, both of which are less crude-sensitive.<\/li>\n\n<li><strong>US and Asian Markets: <\/strong><a href=\"https:\/\/www.spglobal.com\/spdji\/en\/indices\/equity\/sp-500\/#overview\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P 500<\/a> futures were showing a 0.79 per cent uplift as of Thursday evening, and Asian markets including the Nikkei (plus 6 per cent Thursday) and Kospi remain in strong risk-on mode. This global backdrop supports a constructive Friday open for intraday stocks for today and reduces the probability of a market-wide gap-down that would invalidate entry setups across all three picks.<\/li>\n\n<li><strong>India VIX in the 17 to 18 Band: <\/strong>VIX&#8217;s containment in the 17 to 18 range is the most consistent positive signal across all five trading sessions of the past two weeks. At this VIX level, intraday stocks for today can be traded at 80 per cent of standard position size with defined stops. If VIX spikes above 20 at Friday&#8217;s open on Iran deal reversal news, all three intraday stocks for today should be approached at 50 per cent of standard position size with tighter stops.<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Intraday_Trading_Strategy_for_Today_8_May_2026\"><\/span><strong>Intraday Trading Strategy for Today, 8 May 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><ul class=\"wp-block-list\"><li><strong>SBI: Two-Phase Strategy Around 1:53 PM Results: <\/strong>Buy on dips in the Rs 1,060 to Rs 1,080 zone from 9:15 AM to 1:45 PM with a target of Rs 1,090 to Rs 1,100 on pre-results anticipation. After results at approximately 1:53 PM, assess the headline PAT against the Rs 17,000 to Rs 19,000 crore consensus and the dividend quantum against FY25&#8217;s Rs 15.90 per share. A PAT above Rs 18,500 crore with dividend maintained or increased triggers the second entry with a target of Rs 1,120 to Rs 1,150. A PAT below Rs 17,000 crore or a dividend cut is an immediate exit for any pre-results position. Do not hold a pre-results position through the results announcement without a confirmed stop at Rs 1,030.<\/li>\n\n<li><strong>MRF: Wait for First 15-Minute Candle Above Rs 1,30,000: <\/strong>MRF will gap up at Friday&#8217;s open given Thursday&#8217;s PAT beat and Rs 229 dividend. Do not enter at the gap-up peak. Wait for the first 15-minute candle to close above Rs 1,30,000 with F&amp;O futures open interest increasing. Enter in the Rs 1,28,000 to Rs 1,30,000 zone only after this confirmation. Target Rs 1,36,000 to Rs 1,38,000. Stop at Rs 1,25,000. If MRF gaps above Rs 1,36,000 at the open, the intraday stock for today setup is partially invalidated and the trade should be skipped.<\/li>\n\n<li><strong>BPCL: Buy-on-Dips Setup Within the Rs 312 to Rs 318 Consolidation Zone: <\/strong>BPCL has held above Rs 298 for three sessions. The intraday stock for today entry strategy is straightforward: buy on any intraday dip into the Rs 312 to Rs 315 zone with volume confirmation on the first 15-minute candle. Target Rs 330 as the first intraday level and Rs 340 as the extended target if crude holds below Rs 100 throughout Friday&#8217;s session. Stop at Rs 298 is non-negotiable.<\/li>\n\n<li><strong>Prioritise SBI Before 12:30 PM: <\/strong>The SBI intraday stock for today setup has the most compressed time window of the three. The pre-results positioning opportunity expires at approximately 1:45 PM. Traders running multiple positions in intraday stocks for today should ensure SBI positions are sized and entered before 12:30 PM to allow the trade adequate time to develop before results are announced.<\/li>\n\n<li><strong>Iran News is the Override for All Three Intraday Stocks for Today: <\/strong>A formal Iran rejection of the MoU framework on Friday morning would create a market-wide gap-down that overrides all three intraday stock setups. Monitor Brent crude at the Rs 101 and Rs 103 levels as warning signals. A crude spike above Rs 103 at any point during Friday&#8217;s session is an immediate partial-exit signal for BPCL positions and a sizing-reduction signal for MRF and SBI.<\/li><\/ul><p><em>Download the\u00a0<\/em><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><em>Univest iOS App<\/em><\/a><em>\u00a0or the\u00a0<\/em><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><em>Univest Android App<\/em><\/a><em>\u00a0to get daily IPO updates and expert research.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Friday&#8217;s intraday stocks for today span the three most actionable catalyst categories available in the Indian market: a live intraday results event in SBI, an after-hours earnings beat reaction in MRF, and a sustained macro crude recovery play in BPCL. SBI is the highest-priority intraday stock for today because the Q4 FY26 results expected at approximately 1:53 PM create a defined two-phase intraday structure with a pre-results entry and a post-results reaction, both offering favourable risk-reward setups if the PAT lands above Rs 18,500 crore with a maintained or increased dividend. MRF&#8217;s 37.56 per cent PAT beat and Rs 229 dividend provide a clean gap-up confirmation setup, making it the most straightforward intraday stock for today for traders who prefer post-results momentum plays over live-results binary risk. BPCL&#8217;s three-session consolidation above Rs 298 with continued crude recovery support makes it the most technically disciplined intraday stock for today for macro-oriented traders.<\/p><p>Ankit Jaiswal, Senior Research Analyst at Univest, emphasises that the 15-minute candle volume confirmation filter is non-negotiable across all three intraday stocks for today on a session where the macro binary of the Iran MoU remains live. Kunal Singla, Associate Director at Univest, notes that Friday&#8217;s intraday stocks for today carry lower systemic risk than Wednesday&#8217;s session precisely because the market has spent two sessions digesting the Iran MoU rather than reacting to it in a single 298-point move. The measured, confirmation-based approach to these intraday stocks for today is the appropriate framework for a session where the macro direction is constructive but unconfirmed, and where SBI&#8217;s live results represent both the highest-upside and highest-single-event-risk catalyst of the entire Q4 FY26 earnings season.<\/p><p><strong>Disclaimer: <\/strong>This article is for educational and informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other type of advice. Univest and its analysts are SEBI-registered research analysts (SEBI RA: INH000012449). Stock market investments are subject to market risks. Past performance is not indicative of future results. The intraday stocks for today, price levels, and technical analysis mentioned in this article are based on publicly available data and analyst assessments at the time of writing and may change without notice. Readers are advised to consult a SEBI-registered financial advisor before making any investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_best_intraday_stocks_for_today_on_8_May_2026\"><\/span><strong>What are the best intraday stocks for today on 8 May 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The best intraday stocks for today on 8 May 2026, according to Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are SBI (entry Rs 1,060 to Rs 1,080, target Rs 1,120 to Rs 1,150, stop Rs 1,030), MRF (entry Rs 1,28,000 to Rs 1,30,000, target Rs 1,36,000 to Rs 1,38,000, stop Rs 1,25,000), and BPCL (entry Rs 312 to Rs 318, target Rs 330 to Rs 340, stop Rs 298). These intraday stocks for today are selected for their session-specific catalysts: SBI&#8217;s live Q4 results at 1:53 PM, MRF&#8217;s Thursday after-hours PAT beat of 37.56 per cent YoY, and BPCL&#8217;s sustained crude recovery from the Iran MoU framework.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_SBI_the_top_intraday_stock_for_today_on_8_May\"><\/span><strong>Why is SBI the top intraday stock for today on 8 May?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>SBI is the top intraday stock for today because it is one of the rare situations where a Nifty 50 heavyweight announces Q4 results live during the trading session, at approximately 1:53 PM IST, creating a structured two-phase intraday opportunity. The pre-results phase from 9:15 AM to 1:45 PM offers a buy-on-dips setup targeting Rs 1,090 to Rs 1,100. The post-results phase offers a higher-magnitude target of Rs 1,120 to Rs 1,150 if PAT exceeds Rs 18,500 crore and dividend is maintained or increased above FY25&#8217;s Rs 15.90 per share. No other intraday stock for today combines this level of session-specific catalyst precision with SBI&#8217;s market cap (the largest in India) and F&amp;O liquidity depth.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_were_MRFs_Q4_FY26_actual_results_and_why_does_it_qualify_as_an_intraday_stock_for_today\"><\/span><strong>What were MRF&#8217;s Q4 FY26 actual results and why does it qualify as an intraday stock for today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>MRF reported Q4 FY26 PAT of Rs 702.25 crore, up 37.56 per cent year on year from Rs 510.5 crore in Q4 FY25. Revenue from operations rose 13.70 per cent year on year to Rs 8,044.22 crore. The board recommended a final dividend of Rs 229 per share. The PAT of Rs 702.25 crore beats the analyst estimate range of Rs 680 to Rs 740 crore at the upper end, confirming genuine earnings quality rather than a low-expectation beat. This combination of a strong PAT print, a large dividend, and crude oil&#8217;s continued recovery as a raw material tailwind makes MRF one of the most cleanly set-up intraday stocks for today on Friday, with a defined gap-up reaction window and a specific entry filter at the first 15-minute candle close above Rs 1,30,000.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_the_Iran_MoU_situation_affect_intraday_stocks_for_today_on_8_May\"><\/span><strong>How does the Iran MoU situation affect intraday stocks for today on 8 May?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The Iran MoU remains the primary macro override for all intraday stocks for today on 8 May 2026. Trump cautioned on Thursday that an Iran deal is a &#8220;big assumption&#8221;, which partially restored a risk premium to crude oil and stabilised Brent in the Rs 95 to Rs 102 range rather than allowing a further collapse toward Rs 88 to Rs 90. For intraday stocks for today, this means BPCL&#8217;s crude recovery thesis is intact but not accelerating, MRF benefits from a lower raw material cost baseline without the acute daily volatility of a deal-or-no-deal binary, and SBI&#8217;s results will be interpreted against a macro backdrop of contained rather than resolved geopolitical risk. A formal Iran deal confirmation over the weekend would be strongly bullish for all three intraday stocks for today in subsequent sessions.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_were_Bajaj_Auto_and_IndiGo_excluded_from_intraday_stocks_for_today_on_8_May\"><\/span><strong>Why were Bajaj Auto and IndiGo excluded from intraday stocks for today on 8 May?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Bajaj Auto was excluded from intraday stocks for today because the stock hit a 52-week high on Thursday after three consecutive sessions of gains following the Q4 PAT plus 34 per cent and buyback announcement. Momentum-extended stocks with three-session rallies carry elevated reversal risk on the fourth session, particularly when institutional selling is present, and the risk-reward for a new intraday long at current levels is unfavourable. IndiGo was excluded because Thursday&#8217;s Mumbai Airport 6-hour shutdown introduced short-term operational uncertainty into the aviation sector, and the stock has no company-specific catalyst on Friday (Q4 results are May 27) beyond the macro crude thesis that is already well-reflected in the price after two sessions of gains. Both stocks remain structurally positive but are not the best intraday stocks for today from a risk-reward and catalyst-freshness perspective.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/why-is-ahlucont-share-price-falling-key-reasons-2026\">Why Is Ahluwalia Contracts Share Price Falling Key Reasons 2026<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-ahlucont-share-price-falling-key-reasons-2026\">Why Is Ahluwalia Contracts Share Price Falling Key Reasons 2026<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-nuvoco-share-price-falling-key-reasons-2026\">Why Is Nuvoco Vistas Corporation Share Price Falling Key Reasons 2026<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-capacite-share-price-falling-key-reasons-2026\">Why Is Capacite Infraprojects Share Price Falling Key Reasons 2026<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-psp-projects-share-price-falling-key-reasons-2026\">Why Is PSP Projects Share Price Falling Key Reasons 2026<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The best intraday stocks for today on 8 May 2026 are selected from a session defined by one of the single largest institutional events of the Q4 FY26 earnings season: State Bank of India&#8217;s quarterly results, expected at approximately 1:53 PM IST, followed by an analyst meet at 5:15 PM. Friday&#8217;s intraday stocks for today<\/p>\n","protected":false},"author":34,"featured_media":83418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[4151],"class_list":["post-83407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-intraday-stocks-for-today"],"metadata":{"_edit_lock":["1778152148:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["24"],"rank_math_seo_score":["83"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"rank_math_title":["Best Intraday Stocks for Today 8 May 2026: SBI Results, MRF Beat, BPCL Recovery in Focus"],"rank_math_description":["Best intraday stocks for today, 8 May 2026: SBI Q4 results, MRF PAT beats at Rs 702 cr, BPCL crude recovery. Entry zones, targets and stops by the analyst."],"rank_math_focus_keyword":["Intraday Stocks for 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