Reuters Market Eye - The BSE Sensex gains 0.23 pct; Nifty is up 0.24 pct.
State Bank of India gains 1.6 pct, Tata Motors up 1.3 pct ahead of earnings later in the day.
Other blue-chips also gain on continued foreign buying.
Larsen and Toubro gains 0.7 pct, while Axis Bank is up 1.1 pct.
Overseas investors buy shares worth 6.90 billion rupees ($112 million) on Thursday - NSE data.
Foreign portfolio investors have invested $15.12 bln in Indian stocks and $23.15 bln in debt so far in 2014 - regulatory data.
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(Reporting by Abhishek Vishnoi)