The Nifty50 is expected to open higher on Tuesday following positive trend seen in other Asian markets and strong handover from Wall Street. The index closed 132 points higher at 10,130 on Monday.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 19.5 points. Nifty futures were trading around 10,170-level on the Singaporean Exchange.
Wall Street scored its best day in 2-1/2 years and the Dow Jones Industrial Average saw its third-biggest point gain ever on Monday, as trade war fears eased on reports the United States and China are willing to renegotiate tariffs and trade imbalances, Reuters reported.
The Dow Jones Industrial Average rose 669.4 points, or 2.84 percent, to 24,202.6\. The two larger point gains for the Dow were in October 2008\. The S&P 500 gained 70.29 points, or 2.72 percent, to 2,658.55 and the Nasdaq Composite added 227.88 points, or 3.26 percent, to 7,220.54\. 7,220.54
Asian stocks rose on Tuesday after Wall Street rebounded on the first day of the trading week amid a slight easing in trade tensions. The Nikkei 225 rose 1.67 percent while the Topix gained 1.76 percent. Seoul's Kospi also gained in the early going. The benchmark added 0.66 percent, CNBC reported.