Mumbai, Aug 18 - Indian equities markets were doing better than most other Asian bourses shortly after noon Tuesday, a day after a key index plummeted 627 points.

At 12.23 p.m., the 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened weak at 14,745.8 points, had moved back above the 15,000-mark at 15,062.55 points -- 277.63 points or 1.83 percent higher than Monday's close.

At around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too, was trading in the positive terrain at 4,469.25 points, up 1.85 percent.

Broader market indices were also gaining, with the BSE midcap index trading 1.97 percent higher and the BSE smallcap index moving up 2 percent.

All the 13 sectoral indices on the BSE were in the green, with those for realty, capital goods, metals and banking stocks gaining the most.

The market breadth was positive, with 1,569 stocks were on the rise, compared to 733 on the decline, while 85 remained unchanged.