New Delhi, Dec. 16 -- Breakout stocks to buy or sell: Ending a two-day winning streak, Indian benchmark indices - the Sensex and Nifty 50 - closed lower on Monday, December 15, amid mixed global cues. The Sensex slipped 54 points, or 0.06%, to settle at 85,213.36, while the Nifty 50 declined 20 points, or 0.08%, to 26,027.30.

In contrast, broader markets outperformed the benchmarks, with the BSE Midcap and Smallcap indices gaining 0.16% and 0.41%, respectively.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is still positive as the Nifty 50 index bounced back after testing 25,900 levels.

"The key benchmark index may try to test it's previous peak zone of 26,350. The secondary marke...