Shares of organised retailers dropped on profit taking after the UPA government on last Friday won vote on FDI in multi-brand retail in Rajya Sabha.
Foreign institutional investors (FIIs) bought shares worth Rs 648.05 crore on Friday, as per provisional data from the stock exchanges.
The BSE-30 index, Sensex, today resumed higher at 19,442.19 and hovered in a range of 19,471.15 and 19,393.68 before quoting 19,445.59 at 1030 hours, showing a gain of 21.49 points, or 0.11 per cent, from its last weekend's level.
The NSE 50-share index Nifty also moved up by 8.65 points, or 0.15 per cent to 5,916.05.
Major gainers were - Wipro (1.70 per cent), HDFC (1.45 per cent) Gail India (1.26 per cent), Coal India (1.05 per cent) and Tata Motors (1.01 per cent).
Asian stocks rose in the early trade as investors picked up on some signs of improvement in the world's top two economies.
Key benchmark indices in China, Hong Kong, Indonesia, Japan, Singapore and South Korea rose by 0.13 to 0.77 per cent while Taiwan's Taiwan Weighted fell 0.25 per cent.
