Buy or sell stocks, Feb. 24 -- The Indian stock markets witnessed selling pressure from investors on Friday, February 21, closing lower with heavy losses in the pharmaceutical and automotive stocks, dragging the benchmark indices lower. The Nifty 50 index closed 0.51 per cent lower at 22,795.90 points, compared to 22,913.15 points at the previous market close.

The BSE Sensex index closed 0.56 per cent lower at 75,311.06 points after Friday's stock market session, compared to 75,735.96 points at the previous market close.

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, said the Nifty 50 index witnessed selling pressure and closed below the important support zone of 22,800 level. The bias and the sentiment fo...