New Delhi, April 29 -- The Indian stock market benchmark indices, Sensex and Nifty 50, a expected to extend rally and open with on minor gains on Tuesday amid mixed global market cues. The trends on Gift Nifty also indicate a flat start with a positive bias for the Indian indices.

In the previous session, the domestic equity market indices posted a strong rally, with the benchmark Nifty 50 closing above 24,300 level.

The Sensex rallied 1,005.84 points, or 1.27%, to close at 80,218.37, while the Nifty 50 settled 289.15 points, or 1.20%, higher at 24,328.50.

On Nifty options front, Chandan Taparia, Head - Derivatives and Technicals, Wealth Management, MOFSL, notes that the maximum Call OI (Open Interest) is at 25,000 then 24,500 strike w...