The S&P BSE Sensex was up 250 points, or 0.50 per cent, at 52,820 levels. The index hit an intra-day high of 53,057. Meanwhile, the broader Nifty50 index topped the 15,850-mark. Maruti Suzuki, Larsen & Toubro, UltraTech Cement, and Titan were the top Sensex gainers at this hour.
The Nifty sectoral indices were painted green, led by Nifty PSU Bank index, up 1.9 per cent.
The broader markets, meanwhile, outran their benchmark peers. The S&P BSE MidCap and SmallCap indices traded 0.9 per cent and 1.2 per cent higher, respectively.
A total of 79 companies, including NMDC, Aster DM Healthcare, Bharat Electronics, and Jaypee Infratech are scheduled to release their quarterly earnings today.