<p>Indian shares were slightly higher on Tuesday as Asian markets steadied after a steep sell-off a day earlier, while U.S. President Donald Trump's two-day visit failed to boost sentiment.</p>.<p>The broader NSE Nifty 50 index was up 0.2% at 11,854 as of 0403 GMT, while the benchmark S&P BSE Sensex also rose 0.2% to 40,423.40.</p>.<p>The Nifty index tumbled 2.1% and the Sensex plunged nearly 2% on Monday, in a broad global market sell-off sparked by fears of a greater impact on economic growth from the rapid spread of the coronavirus outside China.</p>.<p>"Markets are mostly on a contagion mode due to coronavirus. There has been a little bit of correction. If the Asian markets are up that's a little bit of good news for other markets," said Naveen Kulkarni, head of research at Reliance Securities.</p>.<p>"There is nothing major in the works as far as an imminent trade deal between the U.S. and India is concerned," he added.</p>.<p>Trump said on Monday the two countries will sign defence deals worth $3 billion and that both sides were at the early stages of reaching an "incredible" trade agreement.</p>.<p>Asia-Pacific shares outside Japan inched up 0.2%, while E-mini futures for the S&P 500 bounced on Tuesday after the index suffered steep losses overnight.</p>.<p>Oil and Natural Gas Corp was the top gainer, rising 2.14%, while UPL Ltd was the top laggard, falling 1.32%.</p>.<p>The blue-chip Nifty 50 index has fallen over 4% from its Jan. 20 record intraday high of 12,430.50, weighed down by the coronavirus outbreak and a lacklustre federal budget. </p>
<p>Indian shares were slightly higher on Tuesday as Asian markets steadied after a steep sell-off a day earlier, while U.S. President Donald Trump's two-day visit failed to boost sentiment.</p>.<p>The broader NSE Nifty 50 index was up 0.2% at 11,854 as of 0403 GMT, while the benchmark S&P BSE Sensex also rose 0.2% to 40,423.40.</p>.<p>The Nifty index tumbled 2.1% and the Sensex plunged nearly 2% on Monday, in a broad global market sell-off sparked by fears of a greater impact on economic growth from the rapid spread of the coronavirus outside China.</p>.<p>"Markets are mostly on a contagion mode due to coronavirus. There has been a little bit of correction. If the Asian markets are up that's a little bit of good news for other markets," said Naveen Kulkarni, head of research at Reliance Securities.</p>.<p>"There is nothing major in the works as far as an imminent trade deal between the U.S. and India is concerned," he added.</p>.<p>Trump said on Monday the two countries will sign defence deals worth $3 billion and that both sides were at the early stages of reaching an "incredible" trade agreement.</p>.<p>Asia-Pacific shares outside Japan inched up 0.2%, while E-mini futures for the S&P 500 bounced on Tuesday after the index suffered steep losses overnight.</p>.<p>Oil and Natural Gas Corp was the top gainer, rising 2.14%, while UPL Ltd was the top laggard, falling 1.32%.</p>.<p>The blue-chip Nifty 50 index has fallen over 4% from its Jan. 20 record intraday high of 12,430.50, weighed down by the coronavirus outbreak and a lacklustre federal budget. </p>