The BSE Sensex rose over 63 points in opening deals supported by fresh buying activity triggered by positive GDP data for the December quarter amid mixed Asian cues.
The 30-share index, which had lost 261.71 points in the previous two sessions, opened 63.02 points, or 0.18 %t, higher at 34,247.06.
All sectoral indices inched higher, led by gains in metals, capital goods, infrastructure, realty, banking and auto stocks.
The broader NSE Nifty reclaimed the 10,500-mark, rising 25.85 points, or 0.24 %t, to 10,518.70.
Market sentiment bolstered after the release of GDP data yesterday, that showed the economy recorded a five-quarter high growth of 7.2 %t in the October-December quarter on good show by key sectors like agriculture, construction and manufacturing.
Besides, the combined index of the eight core sectors, including coal, steel, cement and petroleum, rose 6.7% in January, up from 3.4 %t in same month a year ago.
Major gainers that supported key indices include Tata Steel, Bajaj Auto, Sun Pharma, IndusInd Bank, Tata Motors and Bharti Airtel, rising up to 1.70 %t.
A mixed trend in other Asian markets influenced investor sentiment here, traders said.
Meanwhile, Hong Kong’s Hang Seng was up 0.02 %t while Shanghai Composite index up 0.44 %t in early trade today. Japan’s Nikkei, however, sheds 1.60 %t.
The US Dow Jones Industrial Average ended 1.50 %t lower on Wednesday.