New Delhi, March 11 -- Breakout stocks to buy or sell: Equity benchmark indices, the Sensex and Nifty 50, retreated sharply from their intraday highs to close in the red on Monday, March 10, amid weak global market trends and concerns over U.S. tariffs affecting investor sentiment.

The BSE Sensex initially surged 409 points (0.55 per cent) to reach a high of 74,741 but later declined, ending 217 points (0.29 per cent) lower at 74,115. Likewise, the Nifty 50 climbed 124 points (0.55 per cent) to an intraday peak of 22,676 before slipping 92 points (0.41 per cent) to close at 22,460.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the market bias has turned weak as the Nifty 50 index failed to break above the immediate...