Buy or sell stocks, Feb. 11 -- The Indian stock markets dropped and closed in the red after witnessing selling pressure for the fourth consecutive session on Monday, February 10. The Nifty 50 index closed 0.76 per cent lower at 23,381.60 points, compared to 23,559.95 points at the previous stock market close.

The BSE Sensex index closed 0.70 per cent lower at 77,311.80 points, compared to 77,860.19 points in the previous market session.

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, said the Nifty 50 index continued its dip on Monday as the bias and sentiment of the index was maintained. The investors are recommended to maintain a very cautious approach with a near-term support at 23,250 level. Parekh esti...