Buy or sell stock, Feb. 11 -- The Indian stock market finished on Tuesday on a cautious, range-bound note, as profit booking in banking, IT and healthcare stocks emerged as a key drag on the indices, keeping overall sentiment subdued. In the absence of strong global or domestic triggers, investors preferred selective positioning over aggressive buying.

Sentiment, however, found some support after a senior National Stock Exchange (NSE) official expressed hope that the recent hike in securities transaction tax (STT) could be reconsidered, citing representations made to the finance minister, lending a mild supportive undertone to the market.

Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher, believes the Indian st...