Buy or sell stocks, April 24 -- Benchmark indices - Sensex and Nifty 50 - extended their losses for a second straight session on Thursday, April 23, amid a strong selloff. The 30-share Sensex tumbled 852 points, or 1.09%, to close at 77,664, while the NSE's Nifty 50 declined 205 points, or 0.84%, to settle at 24,173.05.

On Thursday, the Nifty 50 opened with a gap-down at 24,202.35 and traded within a narrow range during the session, marking an intraday high of 24,310.20 and a low of 24,134.80. The index faced selling pressure at higher levels and eventually closed at 24,173.05, registering a decline of 205.05 points over the previous close.

According to Sumeet Bagadia, Executive Director at Choice Broking, the formation of a Gravestone ...