New Delhi, July 31 -- Stocks to buy for the short term: The domestic stock market benchmark Nifty 50 traded in a volatile manner on Thursday but ended marginally higher, tracking mixed global cues.

Select heavyweights, including Reliance, HDFC Bank, and Mahindra and Mahindra, supported the benchmarks even as elevated oil prices due to the US-Iran war kept sentiment cautious.

On Friday, the domestic market is expected to see gains amid positive global cues.

On the technical front, the Nifty is encountering resistance near 24,400, which coincides with the 200-day EMA.

As per Ajit Mishra, SVP of Research at Religare Broking, while the broader recovery structure remains intact above the 24,100-24,000 support zone, the inability to sustain...