The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,885 level, a discount of nearly 100 points from the Nifty futures’ previous close.

India stocks were higher after the close on Tuesday, as gains in the Capital Goods, Power and Public Sector Undertakings sectors led shares higher. At the close in NSE, the Nifty 50 added 0.88%, while the BSE Sensex 30 index

Indian equity markets rebound as Sensex climbs 318 points and Nifty 50 gains 86 points, led by IT and auto stocks. Meanwhile, the metal index falls after a seven-day rally.