Indian equity benchmarks opened sharply higher on Tuesday, recovering from the steep losses recorded in the previous session as investors returned to risk assets amid improved global sentiment.
The BSE Sensex surged more than 300 points in early trade, while the Nifty 50 also opened firmly in the green, reversing part of Monday’s decline when concerns over rising crude oil prices, escalating Middle East tensions and fears of higher US interest rates had triggered a broad market selloff.
