India, April 13 -- The Australian stock market is significantly higher on Tuesday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 9,000 level, with gains in iron ore miners and technology stocks partially offset by weakness in gold miners, financial and energy stocks.
The benchmark S&P/ASX 200 Index is gaining 77.90 points or 0.87 percent to 9,003.90, after touching a high of 9,021.50 earlier. The broader All Ordinaries Index is up 86.90 points or 0.95 percent to 9,200.30. Australian stocks ended slightly lower on Monday.
Among the major miners, BHP Group is gaining more than 2 percent and Fortescue is up more than 1 p...