New Delhi, May 11 -- The Nifty finally showed signs of strength, generating the confidence that had been missing over the past few weeks. After identifying key support and resistance zones, Friday's strong upward move suggests momentum could build further in the sessions ahead.

On 8 May 2026, the broader market picture remained mixed. The Nifty 50 was weighed down by heavyweights such as SBI, Coal India, HDFC Bank, Bajaj Finance and Axis Bank. On the other hand, gains in Asian Paints, Apollo Hospitals, Tata Consumer, Adani Ports and Titan Company helped cushion the fall, reflecting sector-wise divergence beneath the headline index.

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