Buy or sell stocks, March 12 -- The benchmark indices, the BSE Sensex and the Nifty 50, recorded sharp declines on Wednesday, March 11, as investors booked profits following strong gains in the previous session.

The 30-share Sensex plunged 1,342 points, or 1.72%, to close at 76,863.71, while the Nifty 50 dropped 395 points, or 1.63%, to settle at 23,866.85.

The Nifty 50 Index closed the trading session on a notably weak note. The market started with a flat opening and initially attempted to move above the 24,300 mark. However, the index failed to sustain this upward attempt and registered an intraday high of 24,299.

According to Sumeet Bagadia, Executive Director at Choice Broking, selling pressure gradually intensified after the early...