New Delhi, Aug. 17 -- Stocks to buy for the short term: The Indian stock market benchmark Nifty 50 snapped its two-week winning streak, ending 0.83% lower for the week ended 14 August as geopolitical concerns, including US-Iran tensions, elevated crude oil prices near $87 per barrel and uncertainty around global yields weighed on investor sentiment.

The market continued to consolidate within the 23,800-24,400 range due to persisting concerns. However, strong Q1FY27 earnings provided some cushion.

From a technical perspective, Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, finds the broader market structure constructive despite the recent correction.

"Nifty has retraced towards the 50...