Market Update

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Tuesday, tracking mixed cues from global markets, amid optimism over the US-Iran peace talks. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,406 level, a premium of nearly 74 points from the Nifty futures’ previous close. On Monday, the Indian stock market ended marginally higher, with the benchmark Nifty 50 closing above 24,300 level. The Sensex rose 26.76 points, or 0.03%, to close at 78,520.30, while the Nifty 50 settled 11.30 points, or 0.05%, higher at 24,364.85.