The Indian equity market opened in the green on Tuesday amid de-escalating tensions in the Middle East and the possible meeting between the United States and an expert delegation from Iran.
The BSE Sensex was trading 200 points higher with a gain of 0.4 per cent after the benchmark indices closed in the red in the previous session.
At 9:44 am (IST), it was trading at 77,005, while the Nifty 50 rose around 86 points to 24,000 on Tuesday. Broader markets also began the session positively.
Maruti Suzuki is leading the charge with shares jumping around 3 per cent, including Bharti Airtel with 0.85 per cent, Titan Company with 1.05 per cent, Adani Enterprises with 0.85 per cent, and Nestlé, which was among the top gainers on the stock market in early trade.
Meanwhile, among the top losers on the stock market were Eicher Motors with -5.22 per cent, Tata Consumer Products with -3.88 per cent, Infosys with -2.70 per cent, TCS with -2.53 per cent, and HCL Tech, which incurred major losses in the morning trade.
Besides, certain auto and banking stocks have seen minor selling pressure, preventing even steeper gains.
The Indian market is mirroring positive sentiment from Asian and US markets, keeping indices buoyed.
Additionally, sustained foreign institutional investor participation continues to support the market's recovery.
Also read: Indian stock market sees mixed opening in early trade