Indian benchmark indices opened higher on weak global signals. At 9:20 a.m., the 30-stock BSE index was trading 40 points, or 0.07 percent, higher at 58,530.64, and the broader NSE Nifty was up 60.65 points, or 0.35 percent, to 17,457.55.
HCL Tech was the top winner in the Sensex pack with a plus of over 3 percent, followed by HUL, Tech Mahindra, TCS, Infosys, Asian Paints and Bharti Airtel.
On the other hand, Maruti Suzuki and Axis Bank were among the losers.
Indian equity benchmarks Sensex and Nifty closed significantly lower and posted a sharp decline as the volatility index rose 12 percent on Monday. The decline in the market is seen in line with the losses in global markets as investors await clues from the Federal Reserve this week.
The Sensex even fell by 524.96 points (0.89%), while the Nifty 50 closed below the psychological mark of 17,400 points and lost 188.25 points (1.07%) to 17,396.9 points.
The stock benchmark Sensex fell over 350 points in early trading on Monday, tracking losses in index majors Tata Steel, HDFC Twins and ICICI Bank amid thin trading in world markets.
Foreign institutional investors (FIIs) bought shares valued at Rs.92.54 billion and domestic institutional investors (DIIs) sold shares valued at Rs.1,626.58 billion on Sept. 20, according to preliminary data from the NSE.