The benchmark Sensex rose over 84 points while the Nifty reclaimed the 10,800-mark as investors looked forward to release of key macroeconomic data due today amid a firming trend in Asia.
The 30-share BSE Sensex went up 84.35 points, or 0.23 %, to 35,567.82. The gauge had gained 39.80 points in the previous session.
Optimistic buying in blue-chip stocks ahead of IIP data for April and CPI inflation for May, to be released after market closing today, lifted stocks higher, brokers said.
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All the sectoral indices led by healthcare, consumer durables, oil and gas, banking and auto were in the green, with gains of up to 0.84 %.
The NSE Nifty recaptured the key 10,800-level by rising 29.85 points, or 0.27 %, to 10,816.80.
Prominent gainers were Dr Reddy’s, Wipro, Adani Ports, M&M, Bharti Airtel, Tata Motors, SBI, IndusInd Bank,ITC Ltd, Sun Pharma, L&T, TCS and Asian Paints, rising by up to 1.80 %.
Brokers said besides unabated buying by domestic institutional investors (DIIs), a firm trend at other Asian markets influenced sentiments though investors were cautious as the historic summit between the US and North Korea got underway in Singapore.
DIIs bought shares worth a net Rs 1,062.82 crore, while foreign portfolio investors sold equities to the tune of Rs 1,156.77 crore yesterday, as per provisional data.
Globally, Hong Kong’s Hang Seng rose 0.41 %, Japan’s Nikkei gained 0.39 %, while China’s main Shanghai Composite Index advanced 0.39 %.
The US Dow Jones Industrial Average ended flat on Monday.