The two will be up against the Korean combination of Oh Ye Jin and Lee Wonho, who shot 579, in the bronze-medal match. Should they triumph, Bhaker will become the first Indian to win more than one medal in a single edition of the Games.
A second medal could have come on Monday itself had debutant Arjun Babuta managed to hold his nerves in the 10m air rifle men's final. He looked good for a bronze or even a silver at one stage of the competition but settled for an agonising fourth-place finish after going haywire.
"It was not my day. It is very hard to deal with fourth. It is the worst place to finish. It is disheartening," the 25-year-old Babuta didn't hide his pain.
"There are lot of thoughts going on and I feel I have to fight them with counter thoughts. Eventually I have to tell myself that I gave my 100 percent...One can be never ready for a fourth place finish," he added.
In contrast, Bhaker, who became the first Indian woman shooter to win an Olympic medal with her 10m air pistol individual bronze on Sunday, and Sarabjot, managed a score of 580 to be in the race for a third-place finish in the mixed team air pistol event.
In the 10m air rifle women's competition, there was no close finish as Ramita Jindal ended seventh.
Shotgun marksman Prithviraj Tondaiman stood 30th and last at the end of the three qualification rounds of 25 each with a score of 68/75 on the opening day of the trap competition.
India was placed joint 23rd in the medal tally with one bronze. China, Korea and Australia held the top three positions.
Lakshya on target in badminton court
Forced to make a fresh start after his opening win was wiped off the record books, Sen stamped his class to defeat Julien Carraggi of Belgium in straight games in a men's singles group match in Paris.
The 22-year-old Olympic debutant defeated Carraggi 21-19 21-14 in a 43-minute contest.
The Indian's opening victory over Tokyo Olympics semifinalist, Kevin Cordon was "deleted" from the records after the Guatemalan pulled out of the Olympics due to a left elbow injury.
Sen will face third seed and world number three Jonatan Christie of Indonesia in his final group match on Wednesday. Christie is the reigning Asian champion.
The match will decide which of the two players moves forward in the competition as only one each from the 16 groups will qualify for the pre-quarters.
Hockey team escapes with draw against Argentina
Skipper Harmanpreet Singh converted a last-minute penalty corner to save India the blushes as they held former champions Argentina to a 1-1 draw in a Pool B match in Paris.
The profligate Indian team wasted as many as nine penalty corners before Harmanpreet found the net.
Argentina were left to rue the missed penalty stroke by Maico Casella in the 36th minute.
Lucas Martinez put the Argentines ahead in the 22nd minute with a field goal. Harmanpreet, who had struck against New Zealand in the dying moments in the event-opener, proved to be the saviour again as he found the net a minute before the final hooter.
Horror run continues for archers
After the pathetic performance by Deepika Kumari, and Ankita Bhakat managed to pull down an in-form Bhajan Kaur in the women's team quarterfinal on Sunday, the men also came a cropper.
Veteran Tarundeep Rai, Dhiraj Bommadevara and Pravin Jadhav came up woefully short against a fired up young Turkish team to be knocked out 2-6 in the quarterfinals of the men's team event.
India's success hinged on whether Tarundeep could show the way and the young Bommadevara and Jadhav were ready to rise to the challenge. But nothing of that sort happened.
The final scoreline read, 53-57, 52-55, 55-54, 54-58.
Bopanna calls it quits from national duty
Veteran doubles specialist Rohan Bopanna declared that he would no longer be turning up for India after losing in the opening round of the men's doubles event of the tennis competition in Paris.
"This will definitely go down as my last event for the country. I totally understand where I am and now, I am just going to be enjoying the tennis circuit as long as that goes," Bopanna said, ruling himself out from the 2026 Asian Games in Japan.