New Delhi, Feb. 25 -- Breakout stocks to buy or sell: Benchmark indices extended their losing streak for the fifth consecutive session on Monday, as the BSE Sensex plunged over 850 points and the Nifty50 slipped below 22,600. The decline was driven by significant losses in heavyweight financial and IT stocks, amid investor concerns over slowing economic growth in the United States.

The BSE Sensex dropped 856 points (1.14 per cent) to close at 74,454, while the NSE Nifty fell 242 points (1.06 per cent) to end at 22,553.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market bias has turned extremely weak as the Nifty 50 index has finally broken below the crucial 22,800 support.

Speaking on the outloo...