The Indian stock market indices extended their gains on Tuesday, with the Nifty closing near its daily high. Metals, oil and gas, and capital goods stocks performed well. In the near term, 5,765 will be a crucial level for the Nifty, and the index is likely to see further buying above this level. Option data suggests the market sees 5,500-5,900 as the near term range for the Nifty. Specific stocks are recommended for buying and selling based on their open interest activity.