New Delhi, April 13 -- Stocks to buy for the short term: Market benchmarks, the Sensex and the Nifty 50, clocked strong gains of almost 6% each for the week ended April 10, snapping their six-week losing streak.

The Nifty 50 on Friday reclaimed the 24,000 mark, closing at 24,050. While last week's gain was encouraging, the road ahead looks tough as tensions in West Asia remain a key challenge for the market.

The US-Iran talks over the weekend have failed, and the US plans to blockade the Strait of Hormuz have intensified fears of a global energy supply shock.

Crude oil prices have jumped sharply. Brent Crude is above the $100 a barrel level again, and experts fear that the Indian economy may suffer a serious blow if crude oil prices re...