The Sensex was up 88.84 points at 29947.64, while the Nifty was up 32.35 points or 0.35% at 9317.65. The market breadth was healthy as 1,388 shares advanced against a decline of 678 shares, while 91 shares were unchanged.
Banking stocks ICICI Bank and SBI as well as cement bunch ACC and Ambuja Cements gained the most on both the indices, while Adani Ports, Tata Steel and Hindalco lost the most.
The Bank Nifty, meanwhile, gained nearly a percent following a rally in the banking majors.
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