New Delhi, Oct. 9 -- Breakout stocks to buy or sell: The Indian stock market closed in the red, breaking a four-day winning streak as investors booked profits ahead of the September-quarter (Q2) earnings season.

The Sensex slipped 153 points, or 0.19 per cent, to settle at 81,773.66, while the Nifty 50 declined 62 points, or 0.25 per cent, to finish at 25,046.15. The broader market saw sharper losses, with the BSE Midcap index dropping 0.74 per cent and the Smallcap index falling 0.42 per cent.

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market bias is cautiously positive as the Nifty 50 index is facing hurdle at 24,200 to 24,250 range.

Speaking on the outlook of Indian stock market, Bagadia said, "...