The 30-share index had risen 223 points, and was trading 164.05 points, or 0.45%, higher at 36,808.47, while the broader NIFTY rose 44.15 points, or 0.41%, to 10,892.05 at 9:30am on Friday
Led by gains in index heavyweights Infosys and RIL, amid positive cues from global markets, domestic equity benchmark BSE Sensex advanced over 200 points in early session on Friday.
At 09:30am the 30-share index had risen 223 points, and was trading 164.05 points, or 0.45%, higher at 36,808.47, while the broader NIFTY rose 44.15 points, or 0.41%, to 10,892.05.
The BSE barometer ended 80.32 points, or 0.22%, lower at 36,644.42, while the NIFTY settled 3.25 points, or 0.03%, higher at 10,847.90, in the previous session on Thursday
Tech Mahindra was the biggest gainer in the Sensex pack in early trade on Friday, improving 4.70%, after the company announced expansion of its strategic multi-year collaboration with AT&T.
Other gainers included Bharti Airtel, Axis Bank, NTPC, Axis Bank, ONGC, Tata Motors, Infosys, PowerGrid and RIL, rising up to 1.95%.
On the other hand, Sun Pharma, Yes Bank, HDFC duo and HCL Tech slipped up to 2.47%.
A PTI report quoted Sunil Sharma, chief investment officer, Sanctum Wealth Management, who said that regular news flow from the RBI and the finance ministry have helped stabilise equity markets lately.
"Markets continue to display resilience in holding on to important technical long-term support," he said, adding that investors were further calmed by news of upcoming resumption of talks between China and the US.
Bourses in Shanghai, Hong Kong, Japan and Korea were trading in the green in their respective late morning sessions.
On Wall Street too, stock exchanges ended significantly higher on Thursday.
The rupee, meanwhile, appreciated 17 paise against its previous close to trade at 71.67 in early trade at the interbank foreign exchange.
Global oil benchmark Brent crude was trading 0.26% higher at 61.11 per barrel.
On Thursday, foreign portfolio investors sold shares worth a net of Rs 561.17 crore, while domestic institutional investors purchased shares worth Rs 699.31 crore, provisional data showed.
With PTI inputs
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Last Updated 6, Sep 2019, 12:26 PM