The Indian market opened higher on Tuesday buoyed by sustained buying across sectors, particularly IT, energy, private bank, financials and auto shares. Global cues which were largely positive along with lower crude prices and a recovery in the rupee also aided trade sentiments, a day ahead of the two-day Diwali break.

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The Sensex jumped more than 220 points to trade at 35,172 at 9.37 am. The 30-share BSE index started at 35,076, jumping more than 100 points. The Nifty also eyes 10,600, surging by 68 points to trade at 10,592.

Broader markets started higher in tandem with frontline indices. The Nifty MidCap rose by more than 85 points to 17,448 in initial trade. The Nifty Bank also started trading near 25,800 levels, rising by 63 points.

Among major losers, Vedanta dipped 5 percent, while Cipla too went down by 4.2 percent after its Q2 results. Other laggards were UPL, IOC, NTPC, which fell by up to a percent.

The gainers were led by Tata Motors, which surged nearly 3 percent. HCL Technologies, Yes Bank, Sun Pharma and Bajaj Finserv were other major gainers, rising by up to 1.66 percent.

The Indian rupee opened stronger at 72.95 against the US dollar on Tuesday. The home currency closed at 73.12 against the greenback on Monday.

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