Buy or sell stocks, Feb. 10 -- The Indian stock markets closed in the red for the third consecutive session on Friday, February 7. The Nifty 50 index closed 0.18 per cent lower at 23,559.95 points, compared to 23,603.35 points in the previous stock market session.

The BSE Sensex index closed 0.25 per cent lower at 77,860.19 points, compared to 78,058.16 points in the previous market session.

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, said the Nifty 50 index was highly volatile after the Reserve Bank of India (RBI) announced its monetary policy stance. On Friday, the RBI cut its key benchmark interest rates by 25 basis points. Parekh estimates the Nifty 50 Spot index to find support at 23,400 points and...