New Delhi, March 27 -- Breakout stocks to buy or sell: Both Indian indices closed on a lower note on Wednesday, March 26, as investors locked in profits following a seven-day rally in the key indices.

The Nifty 50 closed the session with a 0.77 per cent decline at 23,486 points, bringing an end to its seven-day winning streak. Similarly, the Sensex saw a 0.93 per cent drop, ending its seven-day rally and settling at 77,288 points.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is positive as the Nifty 50 index is still above 23,500.

Speaking on the outlook of Indian stock market, Bagadia said, " The market mood would remain buy on dips untill the frontline index is above 23,000. So...