Indian equity indices opened in the green on Tuesday, tracking recovery in Asian markets and gains in rupee against the US dollar but the broader market sentiment remained weak on global trade worries.

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The BSE Sensex opened at 38,017, jumping 95 points or 0.25 percent. The NSE Nifty 50 also rose by 0.34 percent or by 39 points to 11,477.

At 9.45 am, the Sensex was up by 27 points to trade at 37,949, while the Nifty50 traded at 11,452, rising marginally by 14 points.

Shares of M&M, Infosys, Axis Bank, Adani Ports and SBI were among top gainers, surging by up to 1.51 percent. ITC, Titan Company, Bharti Infratel, Hindustan Unilever, Kotak Mahindra, Hero MotoCorp and Bajaj Auto were among top laggards, declining by up to 2.19 percent.

Midcaps surged back on Tuesday, rising by half a percent. The Nifty MidCap was higher by 0.54 percent and the BSE MidCap was up by 0.50 percent.

Barring FMCG and Consumer Durables, all sectoral indices on the BSE traded positive. FMCG dipped over a percent. On the NSE, Nifty Bank was up by 0.40 percent, but maximum gains were seen in PSU Bank at 1.32 percent and Pharma at 0.92 percent.

Meanwhile, the Indian rupee traded above 72 against the US dollar, opening mildly stronger at 72.30 against Monday's record low of Rs 72.45. At 9.47 am, it was at 72.42/$.

Asian markets were mixed with Japan's Nikkei rising 1.26 percent, while Hong Kong's Hang Seng was in the red, just below flatline.

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