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

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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.