New Delhi, April 14 -- Stocks to buy for the short term: The Indian stock market ended with significant losses on Monday, April 13, as sentiment turned fragile after the US-Iran ceasefire talks failed and US President Donald Trump announced the blockade of the Strait of Hormuz, raising fears of a global energy supply shock.

The benchmark Sensex suffered a loss of 703 points, or 0.91%, to end at 76,847.57, while the NSE counterpart Nifty 50 dropped by 208 points, or 0.86%, to close the day at 23,842.65.

Technical experts believe 23,500 remains an important near-term support for the Nifty 50, as this level coincides with the 20 DEMA. On the upside, the 24,000 - 24,100 zone is an immediate resistance area.

Market experts suggest investors...