Indian equity markets extended their rally for the seventh consecutive session on Tuesday, as both the Nifty 50 and BSE Sensex opened on a positive note, buoyed by strong foreign institutional buying and improving global sentiment.

According to ANI, the Nifty 50 index commenced trading at 23,751.50, marking a gain of 93.15 points or 0.39 per cent, while the BSE Sensex opened 311.90 points higher, up 0.40 per cent at 78,296.28. Analysts attribute the sustained uptrend to foreign portfolio investors (FPIs) stepping up their purchases, alongside domestic investors capitalising on the recent rally.