New Delhi, Aug. 8 -- Stocks to buy for the short term: The Indian stock market benchmark, Nifty 50, experienced high volatility on August 7, after US President Trump announced an additional 25 per cent tariff on Indian imports to the US. The index, however, ended with mild gains, snapping its two-day losing run.
Ajit Mishra, SVP of research at Religare Broking, underscored that although tariff-related concerns triggered fresh volatility, the Nifty managed to hold above the 24,450 mark on a closing basis.
This reaffirms the significance of this level as a strong support - the lower band of the previous consolidation range that had earlier led to a rally.
Mishra believes a decisive move above the 24,800 could pave the way for a further r...
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