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Indian equity benchmarks moved higher in early trade. The Sensex rose as much as 497 points, or 0.64%, to 77,155, while the Nifty gained up to 0.6% to 24,049.
Asia-Pacific markets mostly moved higher as investors looked beyond fresh diplomatic setbacks between the US and Iran, even as tensions in the Middle East kept oil prices firm. Japan’s Nikkei 225 advanced 0.53% to a record high, while South Korea’s Kospi rose 1% and also touched a new peak. Australia’s S&P/ASX 200 moved lower, falling 0.54%.