New Delhi, July 14 -- Stocks to buy for the short term: The stock market benchmark Nifty 50 dropped more than half a per cent to retreat to levels below 24,050 in intraday deals on Tuesday, 14 July, due to escalating tensions in the Middle East, a jump in crude oil prices, and concerns over rising retail inflation.

The index has a key support near 24000, which is the confluence of its 21-day and 55-day EMAs.

As per experts, if the index manages to hold this crucial support, it may maintain its positive bias.

However, escalating tensions in the Middle East and Brent crude near $85 per barrel remain key headwinds as they have raised concerns over inflation and higher global interest rates.

As per Vishnu Kant Upadhyay, AVP- Research at M...