New Delhi, Feb. 24 -- Breakout stocks to buy or sell: The Indian stock market faced renewed selling pressure, as notable declines in auto and pharma stocks dragged key indices lower for the fourth consecutive session on Friday, February 21. Throughout the week, both indices ended in negative territory, marking their second straight weekly loss.
The Nifty 50 closed 0.51% lower for the session, ending the week with a 0.58% decline at 22,795. Similarly, the Sensex fell 0.56% today, registering a 0.86% weekly drop to settle at 75,311.
Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market bias has once again turned cautious as the Nifty 50 index has ended below 22,800.
Speaking on the outlook of Indian ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.