The Sensex and Nifty were trading marginally higher led by realty, infrastructure, metal and oil & gas stocks amid firm Asian cues. However, heavy selling in IT and TECk stocks restricted the Sensex gains.
At 10.45 a.m, the 30-share BSE index Sensex was up 26.48 points or 0.08 per cent at 32,351.89 and the 50-share NSE index Nifty was up 6.85 points or 0.07 per cent at 10,073.25.
Among BSE sectoral indices, realty index gained the most by 1.28 per cent, followed by infrastructure 1.13 per cent, metal 0.71 per cent and oil & gas 0.7 per cent. On the other hand, IT index was down 0.87 per cent and infrastructure 0.73 per cent.
Top five Sensex gainers were Tata Steel (+3.08%), Adani Ports (+2.88%), ICICI Bank (+2.21%), Sun Pharma (+1.17%) and State Bank of India (+0.93%), while the major losers were TCS (-1.27%), Infosys (-1.13%), Asian Paints (-0.98%), NTPC (-0.93%) and HUL (-0.75%).
Early trade
The benchmark BSE Sensex continued its rising trend by gaining over 61 points to 32,386.52 in early tradeon sustained foreign fund inflows amid positive global cues.
The 30-share index rose 61.11 points or 0.18 per cent to 32,386.52. The gauge had gained 87.53 points in the previous session. Also, the NSE Nifty was quoting 19.10 points or 0.19 per cent higher at 10,085.50.
Brokers said sentiment remained positive on the back of persistent capital inflows by foreign funds and widening of positions by retail investors. Besides, a firm trend in other Asian markets after strong US jobs numbers provided relief to investors too influenced the sentiment here.
Asian stocks advanced on Monday, taking their cue from Wall Street, while the dollar moderated but retained most gains made on stronger-than-expected July jobs growth and the promise of a US tax plan that will repatriate corporate profits.
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5 per cent. Japan's Nikkei was up 0.6 per cent.
The Dow Jones Industrial Average ended at its eighth straight record high on Friday, with gains in JPMorgan Chase and other banks after data showed US employers hired more workers than expected in July.
The Dow Jones Industrial Average rose 0.3 per cent to end at 22,092.81, an all-time high. The S&P 500 gained 0.19 per cent to 2,476.83 and the Nasdaq Composite added 0.18 per cent to 6,351.56.