New Delhi, June 30 -- Shares to buy for the short term: The Indian stock market's benchmark, the Nifty 50, is set to extend gains into the fourth consecutive month, enduring volatility due to global turmoil.

The index is set to conclude the first half of the Calendar with a decent gain of 8 per cent.

Currently, the index is near 25,550, inching closer to its all-time high of 26,277, hit on September 27 last year. Experts see 25,300-25,000 as the key support range for the index, while 25,700-26,000 may act as resistance.

Jigar S. Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers, pointed out that the Nifty's breakout above 25,300 comes after a month-long consolidation, signalling a potential shift in market...