Buy or sell stocks, Feb. 8 -- Following weak global market sentiments, the Indian stock market ended lower for the third straight session on Friday. The Nifty 50 index ended 43 points lower at 23,559, the BSE Sensex finished 197 points down at 77,860, whereas the Bank Nifty index corrected 223 points and closed at 50,158. In the broad market, the Small-cap index lost 0.68 per cent, while the Middle-cap index finished marginally higher.

Sumeet Bagadia, Executive Director at Choice Broking, believes the Indian stock market trades sideways in the 23,400 to 23,800 range. Bullish or bearish trends can be assumed on the breakage of either side of the range. The Choice Broking expert said the frontline index is facing a substantial hurdle at th...