New Delhi, Aug. 11 -- Stocks to buy for the short term: Frontline indices, the Sensex and the Nifty 50, declined up to half a per cent in morning trade on Tuesday, 11 August, amid persistent uncertainty over a peace deal between the US and Iran and the reopening of the Strait of Hormuz.

The Nifty 50 remains in the consolidation phase for six consecutive sessions, oscillating within the 24,500-24,700 range.

On Tuesday morning, the index declined below 24,500- an important short-term support where repeated buying interest was seen.

According to Vishnu Kant Upadhyay of Master Capital Services, going forward, 24,400-24,500 remains a crucial support zone, while 24,650-24,700 is likely to act as immediate resistance on the upside.

Vishnu Ka...