New Delhi: On Tuesday morning, Indian equity markets opened in the green, continuing their upward trend. The Nifty 50 index rose 92.85 points to 25,196.05, while the BSE Sensex climbed 198.52 points to 82,643.73.

Investors remain in a wait-and-watch mode ahead of the outcome of high-stakes US-China trade talks in London.

According to market experts, gains were led by rate-sensitive sectors such as financials, with strong indicators pointing to further advances. Ajay Bagga, banking and market expert, noted that despite ongoing promoter selling and IPO-related supply pressures amounting to over USD 6.5 billion in the past seven weeks, Indian markets showed resilience.

Among broader indices, Nifty Next 50 gained 0.4%, Bank Nifty rose 0.27%, Nifty Midcap advanced 0.39%, and Small Cap surged by 0.5%. Sectoral indices largely traded positive, with Nifty Media leading (up 0.87%), followed by IT (0.54%), Metal (0.48%), Auto (0.39%), FMCG and Pharma (both 0.27%).

Top gainers in early trade included Grasim, Ultratech Cement, Shriram Finance, and BEL, while Eternal and HDFC Bank led the losers.

Technical analysts foresee bullish trends continuing, especially if Nifty holds above 24,800. Akshay Chinchalkar of Axis Securities suggested a potential breakout could drive the index to 25,800.

Elsewhere in Asia, markets mirrored the upbeat mood. Japan's Nikkei was up 1%, Taiwan’s index surged over 2%, while South Korea’s KOSPI and Hong Kong’s Hang Seng also registered gains.

Investors now await the outcome of the US-China dialogue, which could significantly influence global equity sentiment and trade dynamics in the weeks ahead.

(With ANI inputs)