New Delhi, June 16 -- Indian equity markets opened in the green on Tuesday, tracking strong performance across global peers and selective overnight gains in US markets.

The BSE SENSEX stood at 76,526.77 points, up by 262.44 points or 0.34 per cent, while the NSE NIFTY 50 gained 70.00 points or 0.29 per cent to trade at 23,923.90 points in early trade.

The initial surge reflects an accumulation of positive domestic sentiment alongside a distinct shift in foreign institutional investor flows.

Ajay Bagga, Banking and Market expert observed that domestic conditions remain supported by structural changes in foreign capital deployment.

"Indian markets are showing a positive bias with FII flows turning positive for the last two trading days....