New Delhi, Oct. 7 -- Breakout stocks to buy or sell: Recording gains for the third straight session, India's benchmark indices - the Sensex and Nifty 50 - finished higher on Monday, October 6, driven by strong performances from key banking and IT majors including HDFC Bank, Infosys, and TCS.

The Sensex advanced 583 points, or 0.72 per cent, to settle at 81,790.12, while the Nifty 50 climbed 183 points, or 0.74 per cent, to close at 25,077.65.

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has improved as the Nifty 50 index has decisively broken above the 50-DEMA resistance placed at 24,900.

Speaking on the outlook of Indian stock market, Bagadia said, " The key benchmark index has rega...