Stock market news, July 7 -- Indian benchmark indices, the Sensex and Nifty 50, are likely to open on a positive note on Tuesday, tracking overnight gains on Wall Street, although mixed trends across Asian markets may keep sentiment cautious.

Asian equities traded mixed in early deals, while the US stock market closed higher, led by a strong rally in technology stocks.

On Monday, domestic equities extended their winning streak for a fourth consecutive session, supported by improving risk appetite amid the revival of the monsoon and sustained buying by foreign institutional investors (FIIs).

The BSE Sensex climbed 521.16 points, or 0.67%, to close at 78,285.07, while the Nifty 50 advanced 159.50 points, or 0.66%, to settle at 24,430.35....