New Delhi, Dec. 11 -- Breakout stocks to buy or sell: The Indian stock market closed lower for the third straight session on Wednesday, December 10, weighed down by mixed global signals ahead of the US Federal Reserve's policy announcement later today.

The Sensex climbed as much as 354 points to an intraday peak of 85,020.34 but later reversed course, shedding 629 points from its high to finish in the red. The index ended 275 points, or 0.32%, down at 84,391.27. Meanwhile, the Nifty 50 declined 82 points, or 0.32%, to close at 25,758. The BSE Midcap and Smallcap indices also fell, slipping 1.08% and 0.58%, respectively.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment has improved as ...