MUMBAI: Indian equity markets opened higher on Tuesday, staging a mild recovery after four consecutive sessions of losses, the longest losing streak since March.
The Nifty 50 index opened at 25,129.70 with a gain of 36.30 points or 0.14 per cent, while the BSE Sensex index surged to 82,338.94, gaining 85.48 points or 0.10 per cent.
The rebound comes as a relief to investors following recent volatility, with the broader market indices showing strength. The Nifty Midcap 100 rose by 0.57 per cent, while the Nifty Smallcap 100 gained 0.82 per cent. The Nifty 100 also opened higher, up by 0.29 per cent, reflecting broad-based buying.
The global backdrop also contributed to the recovery in Indian markets. US markets ended mildly positive. This followed stronger-than-expected economic data from China, where GDP grew by 5.2 per cent in the second quarter, highlighting ongoing economic resilience.
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