On Tuesday, the Indian stock market extended its rally for the third straight session, supported by positive global cues. The Sensex ended at 84,273.92, up 208 points (0.25%), while the Nifty 50 advanced 68 points (0.26%) to close at 25,935.15.
The market is expected to open on a positive note today following strong global cues. Asian markets opened higher, while US markets closed in negative territory.
Market experts believe the broader outlook remains supportive as foreign institutional investors have turned net buyers this month, while domestic investors continue to accumulate quality stocks on dips. However, markets may remain range-bound ahead of key macroeconomic data such as January CPI inflation figures.
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