Indian markets are expected to open higher on Tuesday, following positive global cues. The S&P BSE Sensex rose by almost 100 points, while the Nifty50 finished at levels above 18,600 on Monday. Traders predicting the range for the options market have identified a broader range of between 18,400 and 18,900, with an immediate range of 18,450 to 18,750. Recommended stocks with a short-term trading horizon include Ashok Leyland, BPCL and NTPC as buys, and Jindal Steel as a sell.
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