Indian stock market, March 18 -- The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher and extend rally on Tuesday, following strong gains in global markets.

Asian markets rallied, while the US stock market ended higher overnight, with the Down Jones gaining 1,000 points in two sessions.

Investors now await the US Federal Reserve's policy decision on Wednesday to gauge the country's economic outlook amid tariffs and trade woes.

On Monday, the Indian stock market benchmark indices ended half a percent higher each, with the Sensex snapping its five-day losing streak.

The Sensex rallied 341.04 points, or 0.46%, to close at 74,169.95, while the Nifty 50 settled 111.55 points, or 0.5%, higher at 22,508.75....