Foreign institutional investors (FIIs) continued their buying spree by investing net Rs 1,158.57 crore yesterday, as per provisional data from the stock exchanges.
Shares of metal, capital goods, realty, refinery, auto and tech firmed up on sustained buying enquiries.
The Sensex resumed higher at 20,870.16 and hovered in a range of 20,984.40 and 20,852.87 before quoting at 20,899.82 at 1030 hrs, showing a net gain of 49.08 points or 0.24 per cent from its last close.
Major gainers were Hindalco Ind (3.99 per cent), Jindal Steel (8.68 per cent), Maruti (1.79 per cent), Bharti Airtel (1.70 per cent), Larsen (1.63 per cent), Gail India (1.31 per cent).
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Asian markets were mostly lower after previous session's hefty gains on China's economic reform plans. Key benchmark indices in China, Singapore, Japan and Indonesia fell between 0.10 per cent and 0.73 per cent while indices in Taiwan, Hong Kong, and South Korea rose in the range of 0.22-0.8 per cent.
The Dow Jones industrial average eked out a slight gain but failed to close above its milestone level of 16,000, as stocks sold off late in the session after cautious comments by activist investor Carl Ichan on the equities market.