New Delhi, Nov. 24 -- Stocks to buy or sell for short term: Indian stock market benchmark, Nifty 50, opened with mild gains of about 0.21 per cent on Monday, November 24, tracking largely positive global cues.

The Nifty 50 opened at 26,122.80 against its previous close of 26,068.15. In the previous session, the index had suffered a loss of nearly half a per cent, snapping its two-day winning run. However, on a weekly scale, the index extended gains for the second consecutive week, clocking a gain of 0.61 per cent for the week ended November 21. It hit a 52-week high of 26,246.65 last week.

From a technical perspective, Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, pointed out that th...