India, Nov. 9 -- The Australian stock market is sharply higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving well above the 8,100 level, with gains across most sectors led by mining and technology stocks.
The benchmark S&P/ASX 200 Index is gaining 112.80 points or 1.25 percent to 9,142.50, after touching a high of 9,145.30 earlier. The broader All Ordinaries Index is up 109.80 points or 1.20 percent to 9,273.20. Australian stocks closed modestly higher on Monday.
Among the major miners, BHP Group, Fortescue and Rio Tinto are gaining more than 1 percent each, while Mineral Resources is flat.
Oil stocks are mostly higher. Wo...