Indian share market is poised to open higher for the seventh straight session on Tuesday, tracking firm cues from global peers as U.S. and Asian stocks rallied amid easing concerns about President Donald Trump’s tariff policies. The positive trend in GIFT Nifty Futures also indicated a firm start for equity benchmarks Sensex and Nifty50. As of 8:15 AM, GIFT Nifty Futures were up 78 points, 0.33%, at 23,773.

On Monday, the equity market ended on strong note, extending rally for the sixth consecutive session on the back of sustained buying by foreign investors. The 30-share Sensex jumped 1,079 points to close at 77,984, and the Nifty50 settled 1.32% higher at 23,658. In line with benchmark indices, the broader markets also ended on a robust note, with the Nifty Midcap100 and Smallcap100 indices adding over 1% each. The foreign portfolio investors remained buyers in Indian equities for a third straight day, with a net purchase of ₹3,055.76 crore. In the last six sessions, the m-cap of BSE listed companies surged by ₹26 lakh crore as the benchmark indices BSE Sensex and NSE Nifty surged nearly 6%, reversing 2025 losses.

Nasdaq leads Wall Street higher on tech boost

In the overnight trade, U.S. stocks ended higher, led by technology heavyweights Nvidia, Facebook’s parent Meta Platforms, and Amazon, along with EV major Tesla. The sentiment was lifted amid a report that President Donald Trump's next batch of tariffs will be narrower than expected and exclude a set of sector-specific tariffs that are on track to be levied from April 2. President Trump reportedly said he may give "a lot of countries breaks" when it comes to reciprocal tariffs expected from April 2. Cheering the news, the S&P 500  ended 1.8% higher, the Dow Jones Industrial Average advanced 1.4%, and the tech-heavy Nasdaq Composite jumped 2.3%.

Asian stocks follow Wall Street on easing tariff worries

Tracking positive cues from U.S. stocks, Asian markets opened mostly higher, barring Hong Kong, China and South Korea, on Tuesday amid easing concerns about threat of U.S. tariffs. Australia’s ASX 200 ended 0.4% higher, while Japan’s Nikkei 225 was up 0.7%. Singapore’s Straits Times and Taiwan’s Weighted stock index were the best performers with a 0.9% gain each, followed by Indonesia’s Jakarta Composite, which surged 0.8%. Bucking the trend, Hong Kong’s Hang Sang witnessed sharp correction of 1.5%, while South Korea’s KOSPI and China’s Shanghai Composite fell in the range of 0.1-0.4%.

Stocks to watch

Hyundai Motor India: The board of the auto major has approved an investment of up to ₹694 crore for establishing and operating a tooling centre in India.

Rail Vikas Nigam: The railway PSU has emerged as the lowest bidder for a Central Railway project worth ₹115.79 crore.

Easy Trip Planners: The travel company has received in-principle board approval to acquire a 49% stake in Big Charter, a charter aviation firm.

Tata Consumer Products: The shareholders of the Tata Group company have approved the reappointment of Sunil D’Souza as the Managing Director and Chief Executive Officer of the company for 5 years, effective April 4.

HCL Technologies: The IT major has entered into a partnership with Western Union to drive innovation and transformation in the financial services industry.

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