New Delhi, June 29 -- Stocks to buy for the short term: The Indian stock market benchmark Nifty 50 extended gains for the third consecutive week. For the week ended Thursday, 25 June, the index inched up by 0.20% amid a fall in crude oil prices and a stable Indian rupee.

Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, pointed out that the Nifty made two attempts to register a decisive breakout above the 24,150-24,200 resistance zone, but failed to sustain higher. Despite this, the broader trend remains firmly positive.

Patel added that the previously highlighted 23,700-23,500 support zone once again attracted buying interest, reinforcing its significance as a strong demand area. The on...