New Delhi, Feb. 9 -- Stocks to buy for the short term: The Indian stock market clocked decent gains for the week ended Friday, February 6, amid Union Budget 2026, the India-US trade deal, global concerns surrounding AI-led disruption in technology stocks, and the RBI's monetary policy outcome.
Benchmark Nifty 50 rose by 1.5% for the week, closing at 25,693.70.
"Despite intermittent profit booking and weakness in IT stocks due to global AI-driven sell-offs, the index recovered to close at 25,693.70, registering its strongest weekly performance in three months. Gains were primarily supported by FMCG, realty, metals, and other domestically oriented sectors," Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share a...
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