New Delhi, Sept. 29 -- Top stocks to buy for the short term: The Indian stock market witnessed sharp selling pressure on Monday, 28 September, with the benchmark Nifty 50 declining 1.56% to close at 22,780, decisively breaching the crucial 23,000 psychological support level.

The sell-off was widespread, as the mid- and small-cap segments also ended with deep cuts.

Vishnu Kant Upadhyay, AVP- Research at Master Capital Services, underscored that the broader technical structure remains bearish, with a clear formation of lower highs and lower lows, indicating persistent selling interest at higher levels.

Furthermore, the index continues to trade all its key moving averages below, reinforcing the prevailing negative momentum.

"The decisive...