A benchmark index of Indian equities markets, which made initial losses, was trading nearly a 100 points up, as metal and capital goods stocks gained.
However, bank stocks went down.
The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 24,828.38 points, was trading at 24,896.05 points around 1.30 p.m. trade session, up 90.22 points or 0.36 percent from previous day's close at 24,805.83 point.
The Sensex touched a high of 24,898.66 points and a low of 24,644.88 points during the trade so far.
The S&P BSE metal index gained 331.91 points, capital goods index rose 187.14 points, automobile index was up 139.92 points and consumer durables index was higher by 101.99 points.
The S&P BSE bank index was down 19.16 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading 36.95 points or 0.50 percent up at 7,439.20 points.