Indian equity indices rose on the hopes of a positive US debt ceiling negotiation outcome, with the Nifty gaining over 100 points to close above 18,300. IT stocks rebounded but remain weak and watchful investors anticipate the benefits of the US FOMC minutes to be released on Wednesday. The S&P 500 and the Nasdaq rose, while the pan-European STOXX 600 index edged up 0.04%, and Germany's blue-chip DAX slipped 0.2%, after hitting an all-time high in the previous session.