Indian shares opened sharply higher on Tuesday, tracking firm global cues and amid optimism about the focus on growth in the Budget unveiled by Finance Minister Nirmala Sitharaman the previous day.
The benchmark S&P BSE Sensex climbed 1,350 points, or 2.8 percent, to 49,948 in early trade, while the broader NSE Nifty index was up 390 points, or 2.7 percent, at 14,671.
Tata Motors surged 8.6 percent on reporting a 25.27 percent increase in total sales in January.
Mahindra & Mahindra jumped nearly 4 percent after it posted a 50 percent rise in January tractor sales.
Hero MotoCorp declined 1.3 percent after its January sales fell 3.14 percent.
HDFC soared 5.4 percent ahead of its earnings release.
PVR gained 2 percent after the company raised Rs 800 crore via a QIP issue.
Bajaj Auto climbed 2.1 percent as it recorded 8 percent growth in total sales in January.
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