Wellington - The index of New Zealand's top 50 stocks rose 2.1 per cent Tuesday amid cautious gains in other Asia-Pacific stock markets.

The NZX 50 index looked set for an even better performance after morning trading saw it up 2.8 per cent after rising 3 per cent on Monday.

But the price of the biggest stock, Telecom New Zealand, suffered a reverse in the afternoon, and the index ended the day up 62 points to 2952.

It has been a splendid session for stocks thus far. Indian equities have moved up sharply due to continued buying action witnessed across board.

Both Sensex and Nifty have recorded thumping gains. Realty, consumer durables, IT, power and oil & gas gained a lot.

BSE Midcap and Smallcap gained 1.67% and 1.70% respectively.

Today, the 30-share index, BSE Sensex opened positively at 10,428.11, up 205.02 points, as against its previous closure in which it gained 247.74 points.

Manila - Philippine shares

Tokyo - Japan markets opened higher Tuesday after Wall Street surged overnight.

The Nikkei 225 Stock Average gained 233 points, or 2.59 per cent, to end morning trading at 9,238.59.

The broader Topix index of all first-section issues was also up 23.04 points, or 2.48 per cent, at 950.41.

Sydney - Australi

Sydney - Supported by Wall Street, the Australian stocks continued their climb in early trading session on Tuesday.