Buy or sell stocks, May 14 -- Following the sell-off trigger at overbought levels, the Indian stock market ended lower on Tuesday. The Nifty 50 index crashed 346 points and closed at 24,578. The BSE Sensex tanked 1,281 points and closed at 81,148. The Bank Nifty index lost 442 points and closed at 54,940. Media and PSU Banks outperformed among the sectors, while IT and FMCG stocks lagged. Meanwhile, the Midcap and Smallcap segments showed resilience and outperformed key benchmark indices.

Vaishali Parekh, Vice President-Technical Research at Prabhudas Lilladher, believes the Indian stock market bias is cautious to positive. The Prabhudas Lilladher expert said the Nifty 50 index is in the 24,500 to 24,900 range. She said support for the N...