Market opened on a positive note following Modi - Trump meet(TOI photo)

On Tuesday, both the equity benchmarks- Sensex and Nifty- opened strongly in the green after a long weekend as market remained closed on Monday on the occasion of Eid. The 30-share BSE Sensex was up 56.47 points at 31,194.68 and the 50-share NSE Nifty rose 26.40 points to 9,601.35.

Analysts are of the opinion that the positive vibe of Trump- Modi meet may well induce bullish sentiments in the market for some time. However, in the course of the week, the market is expected to be more volatile than buoyant as the indices may react to the Goods and Services Tax ( GST ) rollout on July 1. The market was extremely volatile in the last week.

In Tuesday's early trade, Aurobindo Pharm, ITC and Adani Ports were gaining while Bank of Baroda, State Bank of India and BPCL were the major losers.

The rupee opened marginally higher at Rs 64.48 per dollar against Friday's Rs 64.52.