At 9:20AM, the Bombay Stock Exchange's 30-share index Sensex rose 36 points and traded at 20,027.30 while the National Stock Exchange's 50-share Nifty gained 12 points at 6,062.70.
In the results calendar, Balrampur Chini and Titan Industries are scheduled to release their third-quarter results today while Bharti Infratel, ICICI Bank, Godrej Consumer Products, Lupin, Punjab National Bank, Siemens, Shobha Developers, Tata Global Beverages, Trent on Jan 31
Asian shares traded mixed. Hong Kong's Hang Seng rose 0.76% to 23,835, Taiwan's Weighted index gained 0.37% to 7,831, Singapore's Straits Times inched up 0.37% to 3,271 while China's Shanghai Composite fell 0.17% to 2,355 and Japan's Nikkei was up 1.14% to 10,990.
Back home, barring IT, FMCG sectors, all others rose with oil & gas, power, PSU, real-estate, banks leading on BSE.
Among key Sensex stocks, SBI and ICICI Bank gained 1% and 0.3% respectively, Hindalco Industries gained 0.6% and Tata Steel notched up 0.5%, Bharti Airtel gained 0.4% on BSE.
Among losers, ITC fell 0.5%, HDFC Bank declined 0.2%, Sterlite Industries dropped 0.2%, TCS and Infosys fell 0.1% each on BSE.
The broader markets are flat with mid-caps and small-caps tad up by 0.01% on BSE.
The market breadth was firm. Out of 707 stocks traded, 538 stocks advanced compared to 152 declined on BSE.
