Despite the positive sentiment from Wall Street performance, Indian equity markets opened lower on Tuesday after posting mixed signals from global markets. The BSE Sensex fell 21.55 points (0.03%) to 79,983.5, while the Nifty 50 opened at 24,324 points, down 15 points (0.06%).

Global market insights

Market performance was mixed in Asia-Pacific, with Japan’s Nikkei 225 up 0.49%. In contrast, South Korea’s Kospi and Kosdak fell 0.54% and 0.92%, respectively. Australia’s S&P/ASX 200 rose 0.47%. Meanwhile, mainland China’s CSI300 was down 0.27% and the Shanghai Composite was down 0.16%. The Hong Kong Hang Seng Index rose 0.49%.