New Delhi, March 10 -- The Indian stock market traded higher on Tuesday, following a rally in global markets, after US President Donald Trump hinted that the US-Iran war in the Middle East could be nearing an end. However, sentiment still remains cautious amid elevated crude oil prices and fears of the conflict widening.

The benchmark indices rallied over half a percent each, recouping some of the severe losses of the previous session. The BSE Sensex was up 356.03 points, or 0.46%, at 77,922.19, while the Nifty 50 gained 103.55 points, or 0.43%, to trade at 24,131.60.

In the previous session, the Indian stock market crashed, as escalating US-Iran war and a steep surge in crude oil prices spooked investors globally.

The Sensex tumbled 1...