Stocks to buy: Nagaraj Shetti recommends Ashok Leyland, Mahindra & Mahindra Financial shares to buy in the short-term

Analyst Nagaraj Shetti has recommended Ashok Leyland and Mahindra & Mahindra Financial as short-term buys. Ashok Leyland is on the verge of breaking out above its 200-day EMA around Rs 159.50, while M&M Financial has surpassed its 200-day EMA hurdle at Rs 314. Meanwhile, Nifty 50 was trading 0.70% higher at 24,191.35, with technical indicators suggesting a potential move towards 24,500-24,600 levels if it decisively crosses 24,200.