Buy or sell stocks, Feb. 25 -- The key benchmark indices of the Indian stock market corrected sharply on Tuesday. The Nifty 50 index corrected by 288 points and ended at 25,424; the BSE Sensex crashed 1,068 points and closed at 82,225; and the Bank Nifty index nosedived 216 points and closed at 61,047.
Among sectors, the IT index lost the most, shedding over 4.45%, whereas, despite weak market sentiment, the Metal index outperformed, rallying over 1%.
Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is precariously placed after the sharp selling on Tuesday. The Nifty 50 index support has now shifted to 25,300.
Speaking on the outlook of the Nifty 50 today, Vaishali...
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