The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,175 level, a premium of nearly 103 points from the Nifty futures’ previous close.

India's equity benchmark indexes gained about 1% in early trade on Tuesday, reaching their highest levels since early October, as a ceasefire between Iran and Israel led to a decline in oil prices. The Nifty 50 the BSE Sensex were up 1% each at 25,

Risk-on sentiment is making a comeback on Dalal Street after a brief truce between Iran and Israel restored some geopolitical calm. Benchmark indices like Nifty and Bank Nifty have shown resilience, bouncing sharply from the 21-EMA in Friday's session.