Stock market today, Jan. 27 -- The Indian stock market witnessed a volatile session on Tuesday. After a roller-coaster activity, the Nifty 50 index ended 127 points higher, while the Sensex was up by 320 points. Among sectors, the Metal Index was the top gainer, rallying 3.35%, whereas the Media Index lost the most, shedding over 1%.

Technically, after an early morning intraday dip, the Indian stock market found support near 24,900/81,000 and bounced back sharply. From the day's low, the market rallied by over 300/950 points. On daily charts, the index has formed a long bullish candle, and on intraday charts, it has formed a promising reversal pattern, which is largely positive.

Speaking on the outlook of the Nifty 50 and Sensex today, ...