Investor attention has now turned to heavyweight Reliance Industries, which is scheduled to announce its quarterly earnings later in the day, News.Az reports, citing foreign media.
At 9:16 am, the BSE Sensex was up 155.92 points, or 0.19%, at 83,538.63, after climbing nearly 343 points in early trade. The NSE Nifty added 19 points, or 0.07%, to trade at 25,684.60, having briefly touched an intraday high of 25,743.25.
Among Sensex stocks, Asian Paints led the gains, rising 3.76% to Rs 1,659.25. Tech Mahindra advanced 2.39%, while Mahindra & Mahindra, Trent and Adani Ports gained 1.52%, 0.78% and 0.76%, respectively.
Asian markets were mostly trading in negative territory. Japan’s Nikkei 225 was down 0.44% at 53,874.59, while South Korea’s Kospi rose 0.99% to 4,845.03. Hong Kong’s Hang Seng Index slipped 0.25% to 26,855.01.
Overnight, Wall Street closed higher, with all three major US indices ending in the green. The Dow Jones Industrial Average gained 0.60% to 49,442.44, the S&P 500 rose 0.26% to 6,944.47, and the Nasdaq Composite added 0.25% to close at 23,530.02.
Meanwhile, on Wednesday, the Sensex settled 244.98 points, or 0.29% lower, at 83,382.71, while the Nifty declined 66.70 points, or 0.26 per cent, to end at 25,665.60.
