New Delhi, Dec. 30 -- Stocks to buy for the short term: The domestic market seems to have missed a "Santa rally" this year, largely on persisting global uncertainty and the lack of fresh domestic triggers. The benchmark Nifty dropped 100 points, or 0.38%, to end at 25,942 on Monday, extending losses to the third consecutive session.
A Santa Claus rally is seen during the seven-day trading window, usually the last five trading days of December and the first two trading days of January.
On a monthly scale, the Nifty is down 1% in December (till 29th), looking set to snap its three-month winning streak. Year-to-date, however, the index had gained about 10%.
The market is expected to remain volatile ahead of the start of the Q3 earnings se...
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