The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,250 level, a premium of nearly 60 points from the Nifty futures’ previous close.

After a sharp fall last week, the share market has opened on a positive note today. This is mainly due to a gain in the global markets.

Sensex and Nifty opened higher, rebounding after losses, supported by strong US jobs data easing recession fears.

India stocks were lower after the close on Monday, as losses in the Public Sector Undertakings, Power and Oil & Gas sectors led shares lower. At the close in NSE, the Nifty 50 fell 0.87% to hit a new 1-month low,