New Delhi, Nov. 3 -- Breakout stocks to buy or sell: Indian benchmark indices - Sensex and Nifty - extended their losses for a second consecutive session on Friday, October 31. Nevertheless, both indices recorded their strongest monthly performance in seven months, last seen in March.

The Sensex declined 465.75 points, or 0.55 per cent, to close at 83,938.71, while the Nifty 50 slipped 155.75 points, or 0.60 per cent, to settle at 25,722. Weak global cues and profit-booking amid mixed corporate earnings weighed on sentiment. Over the month, the Sensex advanced 4.6 per cent, and the Nifty 50 rose 4.5 per cent.

In the broader market, the BSE Midcap index dropped 0.55 per cent, and the BSE Smallcap index fell 0.40 per cent.

Sumeet Bagadia...