BSE Sensex opened over 170 points higher on Tuesday. In early trade, it hit a high of 40,455 before paring some gains to trade 58 points higher at 40,342, while the broader NSE Nifty advanced 14 points to 11,898. On Monday, the Sensex ended 72 points down at 40,284. Similarly, the broader NSE Nifty slipped 11 points to end at 11,884.
At 10:15 AM, Sensex was trading 51 points higher at 40,335 while Nifty was 10 points up at 11,894.
On the currency front, the rupee depreciated 10 paise (intra-day) against the US dollar to trade at 71.94 in early session. Brent futures, the global oil benchmark, slipped 0.22 per cent to USD 62.30 per barrel.
In early trade on Tuesday, top gainers in the Sensex pack included Bharti Airtel, Tech Mahindra, RIL, Axis Bank, PowerGrid, Infosys, Yes Bank and HDFC Bank, rising up to 5 per cent. On the other hand, Vednata, HUL, Hero MotoCorp, M&M, TCS, ONGC and Tata Steel fell up to 2 per cent.
Foreign institutional investors offloaded shares worth Rs 270.66 crore in the capital market in the previous session, while domestic institutional investors purchased equities worth Rs 309.45 crore, data available with stock exchange showed.
Globally, bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading on a mixed note amid uncertainty over US-China trade deal.