New Delhi, Aug. 10 -- Stocks to buy for the short term: Indian equities ended higher for the week ended Friday, 7 August, despite volatility triggered by the rollout of the new F&O Closing Auction Session (CAS).

Extending gains for the second consecutive week, the Nifty 50 rose by around 0.77%, while the 30-share pack Sensex climbed 0.52%, thanks to a decline in crude oil prices and the RBI's upbeat commentary on India's growth and inflation.

US bond yields and the dollar moderated as labour market data came in softer, which drove down expectations of a near-term Fed rate hike.

This week, many key macro data, including India and US CPI inflation readings, will be released, influencing market sentiment.

From a technical perspective, th...