The Indian benchmark indices ended higher on Tuesday as the Sensex rose over 170 points to end trade above 83,400 and the Nifty closed more than 33 points higher at 25,715 at 3:30 PM.

In Asian trade, Japan’s Nikkei 225 declined by nearly 1 per cent. Markets in China, Hong Kong and South Korea remained closed for the Lunar New Year holidays. The US equities market was also shut on Monday due to Presidents' Day.

According to exchange data, foreign institutional investors offloaded equities worth Rs 972.13 crore on Monday, while domestic institutional investors bought shares worth Rs 1,666.98 crore. Meanwhile, Brent crude, the global oil benchmark, slipped 0.41 per cent to USD 68.37 per barrel.