New Delhi, Feb. 12 -- Breakout stocks to buy or sell: The Indian stock market extended its losing streak for the fifth consecutive session on Tuesday, with both indices Sensex and Nifty slipping over 1 per cent each.
Sensex declined by 1,018 points (1.32%) to close at 76,293.60, while the Nifty 50 lost 310 points (1.32%), settling at 23,071.80, on February 11. Over the last five sessions, the 30-share Sensex has tumbled 2,290 points, and the Nifty 50 has dropped 667 points, reflecting a 2.8% downturn.
Sumeet Bagadia, Executive Director at Choice Broking, believes that the investor sentiment in the Indian stock market has weakened following a clear breakdown below the 23,250 level.
On the outlook for the Indian stock market today, Sumee...
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