New Delhi, Dec. 17 -- Breakout stocks to buy or sell: Indian equities ended sharply lower on Tuesday, December 16, as the rupee slid to record lows and weak global cues weighed on investor sentiment. The Sensex fell 534 points, or 0.63%, to close at 84,679.86, while the Nifty 50 declined 167 points, or 0.64%, to 25,860.10. Broader markets also came under pressure, with the BSE Midcap index dropping 0.78% and the Smallcap index slipping 0.69%.

The sell-off erased over Rs.3 lakh crore of investor wealth in a single session, with the total market capitalisation of BSE-listed companies falling to Rs.467.6 lakh crore from Rs.471 lakh crore in the previous trading session.

Sumeet Bagadia, Executive Director at Choice Broking, believes that th...