MediumNeutral
Announced Fri, 24 Jul · 08:05 IST

Stocks to buy for short term: Biocon among 3 shares Ajit Mishra of Religare Broking recommends for next 1-2 weeks

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AI summary

Indian benchmark Nifty 50 extended its losing streak to a fourth consecutive session, shedding 2% to slip below 23,900 amid rising crude oil prices and geopolitical tensions. Religare Broking's Ajit Mishra warned that a decisive break below the 23,800 support could drag the index to 23,600. He recommended buying Biocon, Mahindra & Mahindra, and United Spirits for the next one to two weeks, citing constructive technical setups and favourable risk-reward profiles for each.