New Delhi, Jan. 23 -- Breakout stocks to buy or sell: The Indian stock market is likely to trade on a cautious to mildly bullish note today, with the rebound from the previous session expected to extend at a measured pace, tracking overnight gains in U.S. equities and a mildly positive tone across Asian markets in early trade. While short-term sentiment has improved, risk appetite remains selective amid lingering uncertainty over U.S. policy actions and potential tariff measures targeting countries that import Russian oil. Domestic institutional flows continue to provide stability, highlighting underlying resilience even as FIIs stay cautious.

The rupee has stabilised near 91.50-91.60 after testing record lows around 91.72, supported by ...