All sectoral indices are trading positively, with gains of 1-2 per cent in auto, oil & gas, power, realty, telecom, and media stocks.
Meanwhile, the India VIX, often referred to as the fear index, rose by 2.65 per cent, closing at 15.17, indicating increased market volatility.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,403.40 crore on Monday, while Domestic Institutional Investors (DIIs) bought shares worth Rs 2,330.56 crore, according to exchange data.
In the previous session on Monday, the BSE Sensex shed 241 points to end at 77,339, while the NSE Nifty50 settled at 23,453, down 79 points.
In Asian markets, Seoul, Tokyo, and Hong Kong were trading higher while Shanghai quoted lower. The US markets ended mostly higher on Monday.
Global oil benchmark Brent crude climbed 0,26 per cent to $73.49 a barrel.
