With news rolling out that there are chances of Greece getting partial breather from long-running debt, shares of mining firms and banks were seen moving up on Tuesday. Among all, Royal Bank of Scotland Group PLC was reported to have seen a biggest hike of 4.1%.

In addition, there were others banks seen rising up, with shares of Lloyds Banking Group PLC moving up by 2.8%, while HSBC Holdings PLC was seen moving up by mere 0.4%. With so many positive clues coming ahead, it was quite obvious that consumer sentiments were positive enough in the market.

There were reports that Euro-zone finance ministers and the International Monetary Fund met early Tuesday morning in order to resolve the matter surrounding Greece's debt pile.

Moreover, shares of PLC inched up by 2.3%, BHP Billiton PLC surged 1% and Rio Tinto PLC moved up by 0.9%, thereby sending positive signs in the market. Meanwhile, there were reports coming from Europe markets that Germany's DAX index has managed to surge 0.65% to 7,339, France's CAC 40 index gained 0.62% to 3,522; and the FTSEurofirst 300 index of top European shares moved up by 0.5% to 1,110.

It would be worth seeing how long this positive momentum would sustain the markets around the world, with uncertainly still looming about Greece's breather.