Indian benchmark indices opened sharply higher and held gains through the session, with the Nifty ending up 1.3%. Analysts say Nifty is expected to continue its gradual upmove provided crude oil prices remain soft, the rupee sustains its recovery from record lows and geopolitical tensions continue to ease.STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded lower by 63.5 points, or 0.26 per cent, at 24,035, signaling that Dalal Street was headed for a negative start on Tuesday.Tech View: In the short term, the trend is likely to remain strong, with the potential to move towards 24,200 and higher. On the lower end, support is placed at 23,800, which had acted as a resistance level in the recent past.India VIX: India VIX, which is a measure of the fear in the markets, fell 6.2% to settle at 16.70 levels.Asian stocks mixedAsian stocks pared gains and crude oil advanced after reports of US strikes on sites in Iran damped optimism over a potential deal with Tehran.S&P 500 futures rose 0.6% as of 10:11 a.m. Tokyo timeJapan’s Topix rose 0.2%Australia’s S&P/ASX 200 fell 0.6%Euro Stoxx 50 futures fell 0.3%Gold slips Gold fell on Tuesday as fresh U.S. attacks in Iran pushed oil prices higher, fuelling concerns around inflation and higher-for-longer interest rates.Oil risesBrent crude futures rose nearly 2% in early Asian trade on Tuesday after the U.S. military carried out strikes in southern Iran in what it described as defensive actions, keeping markets on edge as a deal to end the war eludes both sides.Dollar wobblesThe dollar nursed losses on Tuesday on rising investor optimism of a deal being struck to reopen the crucial Strait of Hormuz and end the three-month-long Iran war, although fresh U.S. attacks on Iranian targets weighed on sentiment.Stocks in F&O ban todaySAILSecurities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.FII/DII actionForeign portfolio investors net bought shares worth Rs 822 crore on Monday. DIIs, meanwhile, were net buyers at Rs 3,587 crore.RupeeThe rupee appreciated 34 paise to close at 95.26 against the US dollar on Monday, registering the third straight session of gain, on optimism that the US and Iran were moving close to a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)