Stocks to buy for short term: Trent, Eternal among 3 shares Anand Rathi's Jigar Patel recommends for next 1-2 weeks
New Delhi, June 22 -- Stocks to buy for the short term: For the week ended 19 June, Nifty 50, the benchmark of the Indian stock market, clocked a healthy gain of 1.7%, supported by easing geopolitical tensions following the US-Iran peace agreement, which led to a sharp decline in crude oil prices and improved overall market sentiment. On a monthly scale, the index is up 2% so far in June.
From a technical perspective, experts highlight that the market structure continues to remain constructive.
The Nifty 50 has successfully broken above its medium-term falling trendline, confirming a positive shift in trend. However, the index is yet to register a convincing closing breakout above the 24,200 mark.
According to Jigar S. Patel, Senior Ma...
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