Buy or sell stocks, July 16 -- Snapping their four-day losing run, the Indian stock market's benchmark indices - the Sensex and the Nifty 50 - gained on Tuesday, July 15, as a decline in retail inflation to a more than six-year low raised bets of further rate cuts by the Reserve Bank of India (RBI).

Domestic retail inflation slowed to 2.10% in June, near the lower range of the Reserve Bank of India's tolerance band, as food prices continued to ease. Analysts expect another 25-50 bps rate cuts in the upcoming meetings.

The 30-share BSE Sensex climbed 317 points or 0.39% to settle at 82,571 after shedding over 1,450 points in the last four sessions. Its NSE counterpart, Nifty 50, edged higher by 113.50 points or 0.45% to 25,196. The 50-pa...