New Delhi, March 19 -- Breakout stocks to buy or sell: Indian stock markets extended their gains for the second consecutive session, bolstered by positive global cues, on Tuesday. The BSE Sensex surged by 1,131 points (1.53%) to close at 75,301.26, while the Nifty 50 advanced 326 points (1.45%), ending at 22,834.30.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market bias has turned positive as the Nifty 50 index finally breached the hurdle placed at 22,650.

Speaking on the outlook of Indian stock market, Bagadia said, "The frontline index is now heading for 23,000 target in near term. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical...