Buy or sell stocks, March 17 -- After an intensified selling during the early morning session on Monday, the Indian stock market witnessed a sharp rebound in the second half. The Nifty 50 index, after making an intraday loss of 22,955, bounced back strongly and finished 257 points higher at 23,408. The BSE Sensex gained 938 points and closed at 75,502. The Bank Nifty index ended 655 points northward at 54,413.

Among sectors, Auto and Financial indices rallied over 1%, whereas Oil & Gas and Realty indices lost the most, shedding over 1.5%.

Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladdher, believes the undertone of the Indian stock market is cautious despite a strong pullback on Monday. The Prabhudas Lilladher ...