The Indian stock market ended moderately higher on Tuesday, December 6 ahead of tomorrow's Indian central bank meeting. Experts believe that the regulator will cut its key rate from 6.25% to 6.00%, while the reverse repo rate could be cut from 5.75% to 5.50%.Oil&gas, high-tech and metal&mining equities outperformed the broader market, while consumer and automotive sectors were out of luck.The Nifty firmed 0.18% to 8,143.15, while the BSE Sensex closed 0.17% higher at 26,392.76.By 11:10 GMT, the USD/INR slipped 0.11% to 67.928, and EUR/INR inched down 0.09% to 73.1380. The 10-year Indian government bond yield narrowed to 6.206%.As noted above, high-tech stocks stood among the session's best performers, with software provider Infosys adding 0.5%.Utility company Tata Power was also well bid, advancing 2.8% on news that its engineering division received an INR 2 bn (U SD 29.38 mn) order from the Defense Ministry.From a technical standpoint, the BSE Sensex is trading within a falling band and with no signs of a breakout. The Slow Stochastic Oscillator and the RSI are sending out mixed signals, so we expect the benchmark to continue its move within the band in the short term.