The S&P BSE Sensex index rose as much as 252 points to touch 52,695.58 in the first few minutes of trade, and the broader NSE Nifty50 benchmark climbed to as high as 15,783.80, up 74 points from its previous close.
was the top Nifty50 gainer in early deals, up 1.60 per cent. , , Titan and M&M were among other blue-chip top performers.
On the other hand, Maruti was the top laggard, down 1.61 per cent. Nestle, Eicher Motor, Bajaj Auto and Britannia were among other losers.
Equities in other Asian markets rose in early trade. MSCI’s broadest index of Asia-Pacific shares outside Japan was up by 1.06 per cent.
Overnight on Wall Street, the three benchmark indices ended mixed. Dow Jones fell 0.36% to 34,930.93, while S&P 500 retreated 0.02% to 4,400.64. Nasdaq gained 0.70% to 14,762.58
Meanwhile, in the oil market, crude prices slipped with Brent futures down 5 cents, or 0.1 per cent, to $74.69 a barrel while US WTI crude oil futures slipped by 4 cents, or 0.1 per cent, to $72.35 a barrel.