Buy or sell stocks, Feb. 4 -- The Indian stock markets closed in the red on Monday on concerns of weak capex announcements in the Union Budget and the US President's tariff announcements on trading partners. The Nifty 50 closed 0.52% lower at 23,361.05 points, compared to 23,482.15 points at the previous market close.

The BSE Sensex closed 0.41% lower at 77,186.74 points after Monday's market session, compared to 77,505.96 points at the previous stock market close.

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, said the Nifty 50 index remained subdued, maintaining the support level of 23,200 zone. The index has the potential for further growth in the coming days. Parekh estimates the Nifty 50 Spot index to...