INDIA STOCKS-Indian shares open higher after US tariff exemptions spark global rebound

April 15 (Reuters) - India's benchmark indexes opened higher on Tuesday after a long weekend, tracking global gains as U.S. President Donald Trump exempted electronics from steep "reciprocal" tariffs.

The Nifty 50 .NSEI rose 1.98% at 23,279.05 as of 09:18 a.m. IST, while the BSE Sensex .BSESN gained 2% to 76,656. Indian markets were shut on Monday for a local holiday.

All the 13 major sectors advanced on opening. High-weightage financials .NIFTYFIN rose 2.2%. The broader, more domestically focussed smallcaps .NIFSMCP100 and midcaps .NIFMDCP100 gained 1.3% each.

Over the weekend, the U.S. excluded smartphones, computers and other electronic items from its "reciprocal" tariffs, sparking a relief rally in global equities.

Trump had earlier announced steep tariffs on all U.S. imports, but later paused them for 90 days on several countries excluding China.

Heavyweight private lenders HDFC Bank HDBK.NS and ICICI Bank .NSEBANK rose 3% each, with Jefferies citing lower deposit rates as a positive for the sector.

($1 = 85.9570 Indian rupees)