US stocks rallied on Tuesday, Trump's decision to pause tariff hikes on Mexico and Canada helped indices to gain some ground. Dow gained 0.30%, S&P added 0.76% and both Nasdaq and Russell 2000 gained the most adding 1.31% and 1.41% respectively. USD index continued to trade down post tariff hike pause, the index fell below 108, 10 year too moved lower near 4.51% and cboe vix fell below 17.25. Crude futures traded in a narrow range with a small negative bias. WTI traded near 72.50, Brent near 76. Indian markets saw a strong rally taking cues from Asian indices on the news of US pausing tariff hikes for 30 days. Sensex added 1397 points and Nifty gained 379 points to close at one month highs. The rally took indices to positive territory for 2025. Capital Goods stocks along with Banking and Realty names did the bulk of heavy lifting supported by market heavyweight RIL. SMID names also saw some recovery in stock prices. After a gap of many days FPI turned the corner with small buy number. *Positive global equity cues, possibility of short covering and some bargain hunting may help stocks gain some more ground on Dalal Street. Participants may continue to rebalance portfolios and put some additional money to work over next few months with some provision for future volatility.* (3.32 am IST)