New Delhi, Sept. 17 -- Breakout stocks to buy or sell: Boosted by optimism around a possible India-US trade agreement, expectations of a 25-bps rate cut by the US Federal Reserve, and a stronger rupee against the dollar, the Indian stock market recorded solid gains on Tuesday, September 16.

The Sensex surged 595 points, or 0.73 per cent, to finish at 82,380.69, while the Nifty 50 advanced 170 points, or 0.68 per cent, to settle at 25,239.10. The BSE Midcap and Smallcap indices also climbed, rising 0.62 per cent and 0.66 per cent, respectively.

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is positive as the Nifty 50 index is sustaining above 25,000 levels.

Speaking on the outlook of I...