Stocks to buy for short term: Biocon among 3 shares Ajit Mishra of Religare Broking recommends for next 1-2 weeks
Ajit Mishra, Senior Vice President of Research at Religare Broking, recommended Biocon, Mahindra and Mahindra, and one other stock for short-term investment over the next 1-2 weeks. The Indian stock market has faced a decline, with the Nifty 50 losing 2% amid rising crude oil prices and geopolitical concerns, prompting Mishra to advocate a stock-specific approach. He noted that Biocon's strong technical structure and support levels suggest potential for upward momentum if it maintains above ₹420.