New Delhi, April 14 -- Indian equity markets remained shut on Tuesday on account of Ambedkar Jayanti, even as global cues turned supportive with Asian peers opening higher amid easing oil prices and renewed hopes of a potential US-Iran deal.

Market sentiment globally improved after signals from U.S. Vice President JD Vance suggested that diplomatic engagement between Washington and Tehran remains possible, despite escalating tensions in the Strait of Hormuz.

Brent crude, the international benchmark, showed volatility, earlier surging sharply amid geopolitical risks but later easing, trading around USD 97.99 per barrel after touching a low of USD 96.60.

Overnight on Wall Street, U.S. equities exhibited resilience. The S&P 500 rose 0.6 p...