New Delhi, March 17 -- The Indian stock market is expected to open higher on Tuesday, following a rally in global markets. The trends on Gift Nifty also signals a steady start for the frontline indices, Nifty 50 and Sensex today.

The escalation in the ongoing US-Iran war in the Middle East is likely to keep investor sentiment cautious, while focus will be on the trend in crude oil prices.

In the previous session, the Indian stock market witnessed a strong rally, led by fag-end buying, with the benchmark Nifty 50 closing above 23,400 level.

The Sensex spiked 938.93 points, or 1.26%, to close at 75,502.85, while the Nifty 50 settled 257.70 points, or 1.11%, higher at 23,408.80.

On the Nifty options front, Chandan Taparia Head Derivative...