Indian shares opened higher on Tuesday tracking global cues and as investors shift focus on June earnings.

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The Sensex crossed the 36,000 mark in the opening trade, while the Nifty opened above 10,900, at nearly two-month high.

At 9.37 am, the Sensex was trading higher by 201.99 points, or 0.56 percent, to 36,136.71, while the NSE Nifty 50 added 47.75 points, or 0.44 percent, to 10,900.65.

HCL, ONGC, Hindalco, Tech Mahindra, Adani Ports are early gainers, while the shares of IndusInd Bank and TCS slipped ahead of Q1 earnings.

Shares of oil marketing companies were also under pressure after crude oil prices surged. Both midcaps are trading higher by over half a percent, while all sectoral indices are trading in the positive territory.

BSE Energy, Telecom, Realty rose by up to 1.39 percent.

The Indian rupee opened flat at 68.72 against the US dollar on Tuesday. It had closed at 68.71 on Monday. The rupee slipped 12 paise to 68.84 against the US dollar in later due to fresh buying of the American currency by importers amid sustained foreign fund outflows.

Asian shares advanced for a third session on Tuesday tracking overnights gains in Wall Street. Hong Kong’s Hang Seng rose 0.85 percent or 236 points, at 28,924.73, while Japan's Nikkei gained nearly 1 percent.

Stocks on Wall Street recorded a third straight day of gains on Monday, as investor sentiment remained upbeat with banks and industrial stocks fuelling the rally. The Dow Jones Industrial Average rose 32 points, or 1.3 percent, to 24,777, while both the S&P 500 and the Nasdaq rose 0.88 percent each.

Meanwhile, oil prices rose on escalating concerns about potential supply shortages, with Brent crude leading the way as hundreds of oil workers in Norway are set to strike later in the day after failed wage talks.

Brent crude had added 25 cents, or 0.3 percent, to $78.32 per barrel by 0056 GMT, following a 1.2-percent climb on Monday.