New Delhi, May 12 -- Stocks to buy for the short term: The Indian stock market benchmark Nifty 50 slipped 1.4 per cent last week, snapping a three-week winning streak amid heightened tensions between India and Pakistan. However, foreign institutional inflows, healthy macro indicators, such as record GST collections in April, stable Q4 results and a weaker US dollar capped losses for the domestic market.

This week, news surrounding the India-Pakistan conflict will keep influencing market sentiment.

Meanwhile, a positive development is that India and Pakistan had reached a "bilateral understanding" along the Line of Control and International Border on Saturday. However, India said Pakistan violated the "understanding" as drones were sight...