Energy stocks were trading in the positive zone, with the S&P BSE Energy index rising 73.26 points or 1.44% at 5171.75 at 09:47 IST.
Among the components of the S&P BSE Energy index, Goa Carbon Ltd (up 4.99%), Gujarat Mineral Development Corporation Ltd (up 3.52%),Confidence Petroleum India Ltd (up 3.14%),Hindustan Petroleum Corporation Ltd (up 2.63%),Mangalore Refinery And Petrochemicals Ltd (up 2.11%), were the top gainers. Among the other gainers were Adani Gas Ltd (up 2.08%), Chennai Petroleum Corporation Ltd (up 2.07%), Indian Oil Corporation Ltd (up 2.01%), Gujarat Gas Ltd (up 1.79%), and Bharat Petroleum Corporation Ltd (up 1.71%).
On the other hand, Selan Explorations Technology Ltd (down 1.34%), Hindustan Oil Exploration Company Ltd (down 1.16%), and Aban Offshore Ltd (down 1.09%) moved lower.
At 09:47 IST, the S&P BSE Sensex was up 409.22 or 1% at 41226.96.
The Nifty 50 index was up 131.1 points or 1.09% at 12156.45.
The S&P BSE Small-Cap index was up 170.94 points or 1.23% at 14044.91.
The S&P BSE 150 Midcap Index index was up 56.51 points or 1.18% at 4840.01.
On BSE,1228 shares were trading in green, 237 were trading in red and 72 were unchanged.
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