Stocks to buy: Nagaraj Shetti recommends LIC, RACL Geartech shares to buy in the short-term

Indian benchmark indices traded marginally higher on Thursday as IT stocks offset financial losses. Nagaraj Shetti of HDFC Securities recommends buying LIC and RACL Geartech shares for the short term. He said, "Nifty 50 continued to show choppy movement with positive bias so far today and is currently trading higher."