The benchmark S&P BSE Sensex gained 75 points in morning trade today amid buying in IT, teck, consumer durable, auto and capital goods sector shares on the back of higher global cues.
Tata Motors rose 2.98 per cent after the company's Q3 consolidated net profit almost tripled to Rs 4,804.80 crore.
The 30-share Sensex resumed higher at 20,400.94 and hovered in a range of 20,353.41 to 20,443.35 before it quoted at 20,409.50 points at 1045 hours, a gain of 75.23 points or 0.37 per cent from yesterday's close.
The 50-share CNX Nifty on the National Stock Exchange moved up 10 points, or 0.17 per cent, to 6,063.45 at 1045 hours.
Other gainers included Tata Steel 1.18 per cent, Sun Pharma 1.14 per cent, TCS 1.12 per cent, Wipro 1.04 per cent, ICICI Bank 0.93 per cent and Larsen & Toubro 0.82 per cent.
Asian stocks rose in early trade, extending gains for the fourth day before US Federal Reserve Chairman Janet Yellen delivers her first testimony on monetary policy.
Key indices in China, South Korea, Singapore, Indonesia, Hong Kong and Taiwan gained.
Foreign institutional investors sold shares worth a net Rs 455.18 crore yesterday, according to provisional figures issued by the stock exchanges.
