India's benchmark stock market indices openedflat on Tuesdayand is trading with a positive note in the early trading session tracking global cues amid the implementation of new transaction charges and tax rates by the SEBI and Government in the country. 

Nifty, the 50-share index of NSE was up29 points or 0.12% and was trading at 25,840.75, while the 30-share Sensex of BSE added 87.44 points or 0.10% to trade at 84,387.22points.

All broad market indices on Nifty were trading positive with marginal gains across large-cap and mid-cap shares while small-cap shares outperformed Nifty50.

In today's sectoral performance in early morning trade on Nifty, IT  sharessaw the largest positive movement, rising by 0.81% to 42,287.60, reflecting a strong upward trend in the technology sector.

Nifty Auto also performed well with a 0.27% increase, Financial Services rose by 0.40%, while Nifty Oil & Gas similarly showed a positive movement with a 0.40% increase. On the other hand, Nifty Metal witnessed the steepest decline, dropping by 0.75%  and the FMCG sector declined by 0.11%, and Nifty Pharma also dipped by 0.25%.

Early movers on the NSE include TECHM up by 2.34% at ₹1614.15, M&M up by 0.84% at ₹3120.8, NTPC up by 0.69% at ₹446.25, BAJAJ-AUTO up by 0.68% at ₹12429.95, and KOTAKBANK up by 0.59% at ₹1864.95.

The early losers on the NSE include INDUSINDBK down by 0.67% at ₹1437.85, BAJFINANCE down by 0.55% at ₹7660.65, ASIANPAINT down by 0.33% at ₹3318.05, NESTLEIND down by 0.33% at ₹2681.05, and MARUTI down by 0.33% at ₹13194.85.

The market breadth today leaned towards a positive sentiment, with a total of 2,495 stocks traded. Out of these, 1,629 stocks advanced, 798 stocks declined, and 68 stocks remained unchanged.

Indian markets are also weighing in the changes in taxation and transaction charges that will start today. The markets will start seeing new transaction charges from the NSE and BSE from October 1, following a Sebi directive to end the slab-wise charge system for market infrastructure institutions. The NSE will now charge Rs 3,503 per crore of premium value for equity options per side, while the BSE will charge Rs 3,250 per crore of premium turnover for Sensex and Bankex options.

The Securities Transaction Tax (STT) for futures and options trading announced by Finance Minister Nirmala Sitharaman is also become effective from today. The STT for futures will go up to 0.02%, compared to 0.0125% earlier, and for options, it will increase to 0.1%.

In the Asia-Pacific region, markets were mixed tracking the U.S Stock markets overnight after comments from Federal Reserve Chair Jerome Powell, who emphasised on the strength of the U.S economy and indicated that 50 bps rate cut is not that aggressive. Markets in South Korea, Hong Kong, and mainland China are closed for public holidays today, with China remaining closed for Golden Week celebrations.

All three major Wall Street indices posted gains on the final trading day of September, bolstered by comments from Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average wasup by 0.04% to 42,330.15 points. Meanwhile, the S&P 500, covering 500 companies, rose 0.42% to 5,762.48 points, and the Nasdaq, with a strong tech focus, advanced 0.38% to close at 18,189.17 points.