New Delhi, Dec. 15 -- Stocks to buy for the short term: The Indian stock market benchmark, Nifty 50, dropped by about half a per cent for the week ended December 12, extending losses to a second consecutive week on the rupee's weakness, continuous foreign capital outflow, and persisting uncertainty over an India-US trade deal.

On the macro front, however, India remains a bright spot. India's retail inflation inched up to 0.71% in November. The Asian Development Bank (ADB) raised India's growth forecast for FY26 to 7.2%, up from the 6.5% projected in September.

On the technical front, Nifty is above 26,000 after testing the crucial support of 25,700 last week.

Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Sh...