Stocks to buy for short term: Swiggy, Tata Power among 3 shares Anand Rathi's Jigar Patel recommends for next 1-2 weeks
New Delhi, July 13 -- Stocks to buy for the short term: The domestic market experienced significant volatility during the week ended Friday, 10 July, primarily driven by a sharp spike in the volatility index, India VIX.
The volatility index surged 26% on 8 July, reflecting increased investor nervousness and uncertainty. The benchmark Nifty 50 crashed 2.12% on the same day.
However, sentiment improved in the latter half of the week, leading to a moderation in volatility, with the India VIX ultimately closing nearly 4% higher and the Nifty 50 ending with a modest decline of 0.26% on a weekly basis.
During the week, the Nifty touched an intraday high and low of 24,530.90 and 23,805.20, respectively.
From a technical perspective, Jigar S....
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