Should you buy stocks on a dip? Here's what technical indicators suggest

The rising death toll, slow roll-out of vaccination, and Covid-19 spreading to rural areas may keep the upside in contained in the markets, believe analysts

After two straight sessions of gains, Indian equities turned wobbly on Wednesday amid subdued global cues and as investors decided to take profits off the table on the back of a 3 per cent rally so far this week. That said, even as the benchmark indices slipped around 0.3 per cent in the intra-day deals, both, the Sensex and the Nifty were holding their crucial psychological levels of 50,000 and 15,000, respectively.

The BSE barometer Sensex ended at 50,193 on Tuesday, topping the 50,000-mark for the first time since April 1 on closing basis. The Nifty, on the other hand, closed