MUMBAI: Indian stock markets opened on a strong note on Tuesday, taking cues from global optimism and hopes of easing trade tensions.

The rally came after comments and actions from the US government signalled possible tariff relief, which investors see as a step towards a broader trade agreement with China.

The Nifty 50 index jumped over 539.80 points, or 2.36 per cent, to open at 23,368.35, while the BSE Sensex rallied 1,679.20 points, or 2.23 per cent, to start the day at 76,836.46.

Market sentiment was lifted by signs that US President Donald Trump may announce further trade concessions, especially in the semiconductor and electronics sectors.