Indian shares opened higher on Tuesday, with the BSE Sensex up 0.4% and NSE Nifty rising 0.3% amid optimism about a potential Federal Reserve rate cut.

Infosys surged 3.7% ahead of a board meeting to discuss a share buyback proposal, while RailTel Corp saw a 6% increase after winning orders worth Rs. 396 crore from Bihar Education Project Council.

Hero MotoCorp rose 1% following the appointment of a new CEO, and stocks like Bajaj FinServ, TCS, HCL Technologies, Adani Ports, and Tech Mahindra also saw gains of 1-2%.

Read more at Nasdaq: Sensex, Nifty Open Higher; IT Stocks Lead Gains