New Delhi, May 14 -- The Indian stock markets witnessed a sharp correction on Tuesday as traders booked profits. Sensex plunged 1,301.03 points (1.58%) to 81,128.87, while Nifty declined 341.50 points (1.37%) to 24,583.20.

The downturn followed Monday's rally, with investors opting for profit booking ahead of the US Consumer Price Index (CPI) inflation report. Technology stocks bore the brunt of the selloff, while heavyweights Infosys, TCS, and HCL Technologies saw 3-4% declines.

Three stocks to buy or sell as recommended by Raja Venkatraman

PBFINTECH (current market price Rs.1714.30)

Why it's recommended: PB Fintech has recently adjusted its evaluation, indicating a shift in its technical trend towards stabilization. The company repo...