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India's equity benchmarks are likely to open higher on Tuesday, lifted by renewed optimism over a potential trade breakthrough with Washington and a brighter global mood as investors bet on a U.S. government reopening.

Gift Nifty futures were trading at 25,723.5 points as of 8:00 a.m. IST, indicating that the Nifty 50 will open above Monday's close of 25,574.35.

On Monday, U.S. President Donald Trump said that U.S. was close to striking a deal with India to deepen economic and security ties, expand U.S. energy exports and spur investments in key American sectors.

The remarks mark a notable shift after Trump had earlier doubled tariffs on Indian imports to 50% in retaliation against New Delhi's Russian oil purchases, a move that drove bilateral relations to their lowest point in decades.

Meanwhile, the MSCI's broadest index for Asia-Pacific stocks outside Japan rose 0.5%, extending Monday's gains, on bets that the record-long U.S. government shutdown will soon end, allowing the release of delayed economic data for cues into the state of the economy. [MKTS/GLOB]

A majority of the U.S. Senate voted on Monday to approve legislation to end the 41-day shutdown of the federal government, as voting continued.

Back home, investors will keep an eye on quarterly earnings and foreign flows for more cues.

Foreign investors sold Indian shares worth 41.15 billion rupees ($468.2 million) on Monday, per provisional data, marking their seventh session of selling in India in the last eight.

STOCKS TO WATCH

** Non-bank lender Bajaj Finance trims growth forecast for assets under management for the current financial year on rising bad loans and strong competition

** Telecom operator Vodafone Idea posts smaller-than-expected second-quarter loss, aided by more users upgrading to its higher-margin 4G and 5G plans

** E-scooter maker Ather Energy reports narrower loss for the second quarter, as more stores helped drive sales of models such as the Rizta

($1 = 87.8950 Indian rupees)