New Delhi, March 18 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Tuesday, following strong global market cues. The trends on Gift Nifty also signal a positive start for the domestic equity market.

On Monday, the Indian equity market ended higher, with the Nifty 50 surpassing the 22,500 level.

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

On the options front, Chandan Taparia, Head - Derivatives and Technicals, Wealth Management, MOFSL, said that the Maximum Call OI (Open Interest) is at 23,000 then 22,800 strike while Maximum Put OI is at 22,000 then 22,500 strike.

"Call writing is seen at 22,...