New Delhi, Sept. 9 -- Stocks to buy for the short term: Equity benchmark Nifty 50 ended with modest gains for the fourth consecutive session on Monday, September 8, driven by select auto majors, including Tata Motors, Mahindra and Mahindra, and Maruti Suzuki.

The index ended at 24,773, up 0.13 per cent, but the formation of an indecisive candle on the daily chart signals a lack of clear direction in the market at this juncture.

According to Shrikant Chouhan, the head of equity research at Kotak Securities, the market may remain volatile in the short term. A fresh upside is possible only after crossing 24,900, above which the index could move up to 25,000. Further upside may also continue, potentially lifting the index up to 25,100.

On ...