New Delhi, April 24 -- Frontline indices, Sensex and Nifty 50, posted solid gains on Wednesday, April 23, marking their seventh straight day of advances, supported by positive global signals.

The Sensex ended the day up by 521 points, or 0.65%, at 80,116.49, while the Nifty 50 climbed 162 points, or 0.67%, to close at 24,328.95. Meanwhile, the BSE Midcap and Smallcap indices gained 0.94% and 0.26%, respectively.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market bias is bullish as the Nifty 50 index closed above 24,300.

Speaking on the outlook of Indian stock market, Bagadia said, " The 50- stock index has made crucial support at 23,800 and it is poised to touch 24,800. On breaking above this hu...