New Delhi, March 25 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Tuesday, tracking positive global market cues.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,760 level, a premium of nearly 61 points from the Nifty futures' previous close.

On Monday, the domestic equity market extended the rally for the sixth consecutive session, with the benchmark Nifty 50 closing above 23,650 level.

The Sensex jumped 1,078.87 points, or 1.40%, to close at 77,984.38, while the Nifty 50 settled 307.95 points, or 1.32%, higher at 23,658.35.

Nifty 50 formed a long bull candle on the daily chart with a gap up opening, which ind...