New Delhi, June 17 -- Stocks to buy for the short-term: Indian stock market benchmark Nifty 50 witnessed some profit booking in intraday trade on Tuesday, June 17, a day after rising by a per cent, amid heightened tensions between Israel and Iran.

The Nifty 50 fell about 0.40 per cent to slip below 24,850 during the session. Experts expect the market to remain volatile due to global factors. The US Federal Reserve's monetary policy outcome, due on June 18, along with Chairman Jerome Powell's commentary on growth and inflation trends, is also in focus.

Experts suggest that at this juncture, investors should focus on stocks with strong fundamentals and favourable technical indicators.

HDFC Bank has witnessed a breakout from a rectangle c...