Ruchit Jain of Motilal Oswal suggests AXIS Bank, Genus Power shares to buy for the short term

Indian equity benchmarks surged today, driven by falling crude oil prices and supportive comments from the RBI Governor. The Nifty 50 rose 0.95%, while the BSE Sensex gained 1.27%. However, the broader market remained weak, with smallcap and midcap indices declining.