New Delhi, July 30 -- Breakout stocks to buy or sell: The Indian stock market is expected to open on a tepid note Wednesday, following weak cues from global markets. The trends on Gift Nifty also signal a muted opening for the benchmark indices, Sensex and Nifty 50.

On Tuesday, the equity market saw a short-covering rally and the Nifty 50 ended above 24,800 level. The Sensex gained 446.93 points, or 0.55%, to close at 81,337.95, while the Nifty 50 settled 140.20 points, or 0.57%, higher at 24,821.10.

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market mood has improved as the Nifty 50 index witnessed sharp rebound after inching close to its crucial support levels in 24,600 to 24,500 range.

"Nifty 50 ...