Intraday traders need to use caution around the key support and resistance levels. 

The Nifty 50 closed 0.14 percent up at 25,052.35, while the Sensex ended with a gain of 0.09 percent at 81,785.56.

Banking, financial, metal, and realty stocks saw a decline

Despite closing higher for the ninth consecutive day on Tuesday, the markets do not exhibit a bullish sentiment, with indices indicating the possibility of consolidation.

Technical outlook: The current upward trend is expected to continue as long as the Nifty stays above the key level of 24,980. 

The Nifty 50 closed just 7 points up at 25,017.75, while the Sensex ended 14 points up at 81,711.76.

The Nifty has resistance in the 25080-25100  area on the upper side; the bullish momentum might continue today if the Nifty moves above this area.

The company receiving a SEBI show-cause notice is not a new development, Paytm said in an exchange filing on Monday.

The Nifty ended 187 points, or 0.76 percent, higher at 25,010.60; the Sensex closed with a gain of 612 points, or 0.75 percent, at 81,698.11.

Adani Enterprises, Adani Ports, and Adani Total Gas suffered a decline.