The Indian stock market is expected to open higher amid mixed global cues. The Sensex and Nifty paused their rally but foreign investors have shifted to net buyers. Analysts recommend a 'buy-on-dips' strategy with key support and resistance levels.

Within the Nifty index, Mahindra and Mahindra, Coal India, Wipro, Kotak Bank and Tech Mahindra were among the top gainers. On the other hand, Cipla, ONGC, Tata Consumer, Bharti Airtel and UltraTech Cement were among the top losers.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 24,221.90, while Sensex ended at 80,109.85. Overnight, Wall Street indices ended higher,

The two key equity benchmark indices, Sensex and Nifty, on Tuesday ended their two-day winning run, closing the session in the negative zone. The BSE Sensex dropped 106 points to settle at 80,004. On the other hand,

The markets were dragged by a decline in Adani group stocks despite gains in IT and FMCG stocks. The S&P BSE Sensex was down 105.79 points to 80,004.06, while the NSE Nifty50 lost 27.40 points to 24,194.

Indian benchmark indices broke their two-session gaining streak on Tuesday dragged by selling pressure in auto and pharma stocks. While the S&P BSE Sensex settled at 80,004.06, down by 105.79 points or 0.

Meanwhile, the NSE Nifty 50 index rose by more than 100 points, or 0.5%, to reach 24,340. “The two-day rally in the market is unlikely to be sustained, as earnings concerns remain a significant headwind.