New Delhi, Dec. 16 -- Stocks to buy for the short term: The Nifty 50 on Monday, December 15, closed 20 points lower at 26,027 on profit booking in select heavyweights amid mixed global cues.

Rupee's weakness, foreign capital outflow, and lingering uncertainty over an India-US trade deal have kept the market in a range. On the technical charts, experts say the level of 26,100 is a key hurdle for the index.

On Tuesday, the domestic market may see a muted start. The Gift Nifty was trading near the 26,085 level, down 5.5 points or 0.02% from the Nifty futures' previous close.

"While rate cuts by the RBI and the US Fed provide a supportive backdrop, near-term sentiment remains fragile given persistent FII outflows, a weakening rupee near Rs...