Mumbai,  The key Indian equity indices traded on a positive note on Tuesday with the BSE Sensex trading over 700 points higher.

The Sensex was above the 29,000 mark while Nifty50 on the National Stock Exchange was around the 8,500 level.

The gains were in tandem with the rise in Asian markets.

At 10 38 a.m., it was trading at 29,171.89, higher by 731.57 points or 2.57 per cent from the previous close of 28,440.32.

It had opened at 29,294.9 and has so far touched an intra-day high of 29,316.80 and a low of 28,667.36

The Nifty was trading at 8,509.15, higher by 228.05 points, 2.75 per cent.

Among the Sensex stocks, the top gainers so far were Infosys, ONGC, HCL Technologies, ITC and Tata Steel, while, IndusInd Bank, Bajaj Finance, Maruti Suzuki and Bharti Airtel were the only losers.