Stocks to Buy Today 12 May 2026: Ankit Jaiswal of Univest Flag Coal India, Torrent Pharma, MCX and MV Photovoltaic

Stocks to buy today on 12 May 2026 are being identified against a backdrop where Nifty 50 closed at 23,820 on May 11, shedding 1.47 percent in one of the sharpest single-session falls of the month, as Brent crude surged above $104 per barrel on renewed US-Iran tensions. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have reviewed the May 11 session data, technical setups and Q4 FY26 results to flag four specific opportunities for the May 12 trading session.

The market context for today’s session is defined by an oversold PCR of 0.57 on May 11, a Nifty support zone at 23,550 to 23,820 and a bifurcated market where pharma, energy and selective commodity stocks are outperforming while crude-sensitive paints, aviation and chemicals remain under pressure. The stocks to buy today list reflects this bifurcation.

Market Recap: What May 11 Data Tells Us for Stocks to Buy Today

• Nifty 50 Close (11 May): 23,820.25, down 1.47 percent
• Sensex Close (11 May): 76,015.28, down 1.70 percent
• Nifty PCR (11 May): 0.57, indicating oversold conditions and potential for a bounce
• Nifty Support Zone: 23,550 to 23,820 (option chain backed)
• Nifty Resistance: 24,100 to 24,255
• Brent Crude: Above $104 per barrel, primary macro headwind
• India VIX: Elevated, favouring selective stock picking over broad index bets

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Stocks to Buy Today: Coal India, Torrent Pharma, MCX and MV Photovoltaic

1. Coal India (NSE: COALINDIA)

CMP (11 May Close): Rs 464.45  |  52W High: Rs 491.25  |  52W Low: Rs 368.65  |  PE: 9.20x  |  Dividend Yield: 4.7%

Ankit Jaiswal has flagged Coal India on the stocks to buy today watchlist on the basis of its proximity to the 52-week high at Rs 491.25 and its technical base formation above both the 50-day and 200-day moving averages. The stock carries a Buyer Demand rating of B+ and an RS Rating of 82, signalling meaningful relative outperformance against the broader market even as Nifty fell 1.47 percent on May 11.

The fundamental thesis is compelling at current levels. Coal India produced a record 781 million tonnes in FY25 and commands a near-monopoly on domestic coal supply. At 9.2x PE and a forward dividend yield of approximately 4.7 percent, it is one of the most undervalued PSU large-caps on the NSE. The crude oil spike on May 11 is a perverse positive for Coal India as it makes coal-to-gas switching uneconomical, reinforcing thermal power plant demand for domestic coal.

Entry Zone: Rs 455 to Rs 470. Watch for breakout above Rs 480 on volume for the next leg toward Rs 510 to Rs 530.

Stop-Loss: Rs 445 on a daily closing basis.

2. Torrent Pharmaceuticals (NSE: TORNTPHARM)

CMP (11 May ATH): Rs 4,516  |  52W High: Rs 4,516 (set on 11 May 2026)  |  52W Low: Rs 3,101.60  |  1-Year Return: 41%  |  Q3 FY26 PAT Growth: 26.3% YoY

Kunal Singla observes that Torrent Pharma’s May 11 surge to an all-time high of Rs 4,516, a 3.22 percent gain on a day when the Sensex fell 1,312 points, is one of the strongest relative strength signals seen in the pharma space this year. The stock is positioned above all key moving averages including the 5-day, 20-day, 50-day, 100-day and 200-day, a configuration that confirms a sustained bullish trend rather than a speculative spike.

The S&P BSE Healthcare index itself hit a fresh 52-week high on May 11, confirming this is sector-level strength. For the stocks to buy today session on May 12, Kunal Singla suggests watching for any early morning pullback toward the Rs 4,300 to Rs 4,380 zone as a potential re-entry point into the ATH breakout. Fundamentally, Q3 FY26 PAT grew 26.3 percent year-on-year, India revenue rose 14 percent and the USFDA gave a zero-observation clearance for the Gujarat oncology plant.

Entry Zone: Rs 4,300 to Rs 4,400 on any morning dip. Continuation above Rs 4,520 targets Rs 4,700 to Rs 4,800.

Stop-Loss: Rs 4,200 on a daily closing basis.

Track Torrent Pharma live technicals and fundamental data on the Check the Univest Screener for live data.

3. MCX (NSE: MCX)

Sector: Capital Markets  |  Q4 FY26: Strong results confirmed  |  Catalyst: Record commodity trading volumes from crude, gold and silver volatility

Ankit Jaiswal has kept MCX on the stocks to buy today watchlist as a direct beneficiary of the current high-volatility commodities environment. When Brent crude is at $104, gold is above Rs 15,000 per gram and silver is at Rs 2,75,000 per kilogram, MCX’s transaction fee revenue surges because trading volumes and open interest across all commodity derivatives expand sharply. Every percentage point of additional price volatility in crude, gold or silver translates directly into higher MCX topline.

MCX delivered strong Q4 FY26 results, and commodity trading in India is structurally growing as SEBI’s regulatory framework matures and retail and institutional participation in commodity options deepens. Ankit Jaiswal suggests watching MCX for any dip toward the 50-day moving average support as the ideal entry zone for the stocks to buy today thesis.

Entry Zone: On dips toward 50-day moving average support. Avoid chasing on open if the stock gaps up more than 2 percent.

Stop-Loss: Below the 50-day moving average on a weekly closing basis.

4. MV Photovoltaic

May 11 Performance: +3.25% (Intraday Peak: +6%)  |  Sector: Renewable Energy / Solar

Kunal Singla flagged MV Photovoltaic after the stock delivered an intraday gain of 6 percent on May 11, one of the strongest single-session moves among all monitored stocks, on a day when the broader market was falling. This kind of counter-trend strength on a bearish market day is a high-conviction technical signal that informed buying is entering the name.

The renewable energy sector is getting an indirect policy tailwind from PM Modi’s May 10 appeal for energy conservation, which accelerates the government’s push for solar capacity addition. For stocks to buy today on May 12, Kunal Singla suggests watching MV Photovoltaic for a retest of May 11’s opening price as a potential entry level, with any volume-backed continuation above May 11’s high confirming fresh momentum.

Entry Zone: On retest of May 11 closing price. Do not chase if the stock opens up 4 percent or more.

Stop-Loss: Below May 11 opening price on a closing basis.

Download the Univest iOS App or the Univest Android App to get daily stock recommendations and insightful research pieces on MV Photovoltaic live price and renewable energy sector research!

What to Avoid in Stocks to Buy Today: Crude-Sensitive Names

Ankit Jaiswal and Kunal Singla both flag the following stocks as ones to avoid in the stocks to buy today context. These names remain structurally weak as long as Brent crude stays above $100 per barrel.

• Asian Paints: Raw material costs are crude-linked. Fell 1.3% on May 11. Avoid buying until crude shows a sustained pullback below Rs 95 per barrel.
• IndiGo: Aviation turbine fuel costs track crude directly. Fell 5% on May 11. Not on the stocks to buy today list.
• IOCL (Indian Oil): Under-recovery losses widen with every rupee crude rises. Ankit Jaiswal has flagged IOCL as a potential short-side trade at intraday resistance, not a buy.

Risk Factors for Today’s Session

• GIFT Nifty Opening Signal: Check GIFT Nifty before market open. A gap-down of more than 0.5 percent may require waiting for the first 15-minute candle to stabilise before entering any of these stocks to buy today.
• Crude Oil Movement: If Brent crude spikes above $108 in the morning session, broad market selling may pull even quality stocks lower. Reduce position size.
• India VIX Elevated: High VIX means wider daily swings. Stop-losses must be respected strictly without exception.
• PCR Recovery: If PCR does not recover toward 0.7 or above on May 12, the oversold bounce may take one more session to materialise.

Conclusion

Stocks to buy today on 12 May 2026 from Ankit Jaiswal and Kunal Singla of Univest centre on Coal India for PSU value, Torrent Pharma for its all-time high breakout continuation, MCX for commodity volume upside and MV Photovoltaic for renewable energy momentum. All four demonstrated resilience or outperformance on the May 11 market decline, confirming their relative strength. Use defined entry zones and stop-losses as flagged above and consult a SEBI-registered advisor before acting on any stocks to buy today recommendation.

FAQs on Stocks to Buy Today 12 May 2026

Which are the best stocks to buy today on 12 May 2026?

Ans. Ankit Jaiswal and Kunal Singla of Univest have flagged Coal India (entry Rs 455 to Rs 470), Torrent Pharmaceuticals (entry Rs 4,300 to Rs 4,400 on dips), MCX (entry near 50-day moving average) and MV Photovoltaic (entry on retest of May 11 close) as stocks to buy today for the May 12 session.

Why is Torrent Pharma one of the stocks to buy today?

Ans. Torrent Pharma hit an all-time high of Rs 4,516 on May 11 while the Sensex fell 1,312 points. Kunal Singla observes it is trading above all key moving averages, the pharma sector hit a fresh 52-week high on May 11, Q3 FY26 PAT grew 26.3 percent and the USFDA gave a zero-observation clearance for the Gujarat plant. These signals make it a high-conviction stocks to buy today pick.

Why is Coal India on the stocks to buy today list?

Ans. Coal India at Rs 464.45 trades at 9.2x PE with a 4.7 percent dividend yield, above both its 50-day and 200-day moving averages and just 5.8 percent below its 52-week high of Rs 491.25. Ankit Jaiswal has flagged it for today’s watchlist as the crude oil spike increases thermal power plant demand for domestic coal, creating a fundamental tailwind for the stock.

What is the stop-loss strategy for stocks to buy today?

Ans. For stocks to buy today, Ankit Jaiswal recommends setting stop-losses on a daily closing basis rather than intraday spikes: Coal India at Rs 445, Torrent Pharma at Rs 4,200, MCX below its 50-day moving average and MV Photovoltaic below May 11’s opening price. Always set GTT stop-loss orders immediately after entry.

What should traders avoid in today’s session?

Ans. Ankit Jaiswal and Kunal Singla recommend avoiding crude-sensitive stocks including Asian Paints, IndiGo and IOCL in today’s stocks to buy today session. These names face direct margin pressure from Brent crude above $104 and are better suited for short-side strategies at intraday resistance rather than long-side accumulation.

Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.

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