New Delhi, July 28 -- Shares to buy for the short term: The Indian stock market has been in corrective mode for the last few weeks due to the delayed India-US trade deal, the foreign capital outlook, and uninspiring Q1 earnings.

The Sensex and the Nifty 50 have been on losing streak for the last four consecutive weeks, on a weekly basis. So far this month, both indices are down nearly 3 per cent each.

Last Friday, the Nifty 50 fell almost 1 per cent to end at 24,837, falling below its critical support of 25,000.

Jigar S. Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers, underscored that the Nifty's reversal from 25,250 has brought it precariously close to a breakdown below the previous swing low at 24,850...