Indian stock market, Aug. 15 -- Indian benchmark indices, the Sensex and Nifty 50, edged higher on Thursday, tracking upbeat global market trends. However, the upside was capped as investors stayed cautious ahead of the planned Russia-U.S. discussions on the Ukraine crisis, keeping overall sentiment muted during the holiday-shortened week.

On August 14, the Nifty managed to hold above the 24,600 mark, with the Sensex closing 57.75 points, or 0.07%, higher at 80,597.66, and the Nifty ending 11.95 points, or 0.05%, up at 24,631.30.

On the occasion of 79th Independence Day, Seema Srivastava, Senior Research Analyst at SMC Global Securities, has recommended 11 stocks to buy for long-term prospective.

Larsen & Toubro (L&T) delivered a stron...