New Delhi, Sept. 21 -- Top stocks to buy for short term: The Nifty registered its sixth consecutive weekly decline for the week ended 18 September, due to elevated crude oil prices, geopolitical tensions, concerns over interest rate hikes globally, and low retail liquidity due to strong IPO activity.

On Monday, the index rose by about 0.40% in morning trade due to buying at lower levels. However, it remains in a corrective phase, with sentiment continuing to be cautious.

Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, underscored that after the recent decline, the index is approaching an important technical support zone, making it crucial to monitor price action rather than react to ev...