**Moneycontrol News**

The market is expected to open higher on Tuesday, tracking positive lead from Asian stocks and good performance on Wall Street overnight. The Nifty closed up 47.80 points or 0.46 percent at 10379.40 on Monday.

The SGX Nifty also indicated higher opening in Indian equity markets, rising 41.50 points to 10,434.50 on the Singapore Stock Exchange.

Asian markets advanced further as investors digested comments from Chinese President Xi Jinping on measures planned to further open up the Chinese economy. Japan's Nikkei and Hong Kong's Hang Seng gained 1 percent each while China's Shanghai Composite and Australia's ASX 200 were up 0.8 percent each.

US stocks closed well off their session highs on Monday. The Dow Jones industrial average rose 46.34 points to 23,979.10\. The S&P 500 gained 0.3 percent to close at 2,613.16 while the Nasdaq composite advanced 0.5 percent to 6,950.34.