Experts Identify Six Short-Term Stocks for Potential Gains

Market Benchmark Nifty 50 Records Weakest Performance Since COVID-Hit FY20

The Indian stock market has been under pressure in recent months, with the market benchmark Nifty 50 dropping more than 11% in March, marking its weakest performance since the COVID-hit financial year 2020. The financial year 2025-26 (FY26) ended with a loss of 5%, a decline from the previous year. On Monday, March 30, the Sensex crashed 1,636 points, or 2.22%, to end at 71,947.55, while the Nifty 50 declined 488 points, or 2.14%, to finish at 22,331.40.

The market is facing elevated crude oil prices driven by the West Asian war, a record-low rupee, and massive foreign capital outflow, all of which are keeping the market under pressure. Market experts say the near-term outlook is clouded with uncertainty and recommend maintaining prudence while picking stocks.

Recommended Stocks for the Short Term

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Two market experts, Hitesh Tailor of Choice Broking and Vishnu Kant Upadhyay of Master Capital Services, have recommended the following six stocks to buy for the next 1-2 weeks.

Here are the details of the stock recommendations:

• Avenue Supermarts (DMart): Hitesh Tailor recommends buying at the current market price with a stop loss at ₹3,800 for a target of ₹4,250.
• Multi Commodity Exchange of India (MCX): Hitesh Tailor recommends buying at the current market price with a stop loss at ₹2,280 for a target of ₹2,600.
• Aurobindo Pharma: Hitesh Tailor recommends buying at the current market price with a stop loss at ₹1,230 for a target of ₹1,425.
• Emcure Pharmaceuticals: Vishnu Kant Upadhyay recommends buying at the current market price with a target of ₹1,705 and ₹1,740 and a stop loss at ₹1,490.
• Godawari Power And Ispat (GPIL): Vishnu Kant Upadhyay recommends buying at the current market price with a target of ₹290 and ₹300 and a stop loss at ₹250.
• NLC India: Vishnu Kant Upadhyay recommends buying at the current market price with a target of ₹288 and ₹296 and a stop loss at ₹251.

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The experts have highlighted the technical structure of each stock, including signs of accumulation, breakout patterns, and momentum indicators, to support their recommendations.