Sensex, Nifty likely to open strong on positive global cues; Eicher Motors, Tata Steel in focus

Indian shares are set for a mixed start on Tuesday after a record rally in the Sensex in the previous session. Hopes of a rate cut by the Reserve Bank of India (RBI) and positive cues from the global markets will likely support the Sensex and the Nifty 50. Asian shares advanced after factory activity surveys from the US and China boosted investor confidence. At 07:25 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.09 percent at 11,744.50, indicating a mixed start for the Sensex and Nifty.