The BSE Sensex and NSE Nifty opened marginally higher amid choppy trade on Monday due to lack of global and local cues last weekend. Globally the markets are waiting for Fed statement and locally the government's action on diesel price after presidential election this week. The Indian rupee appreciated by 34 paise to 54.80 against the US dollar.
The BSE benchmark rose 45.85 points to 17,259.55 and the NSE benchmark went up 12.25 points to 5,239.50.
Bharti Airtel, JP Associates, BHEL, Siemens, L&T, DLF, SBI, PNB, Axis Bank, ICICI Bank, IDFC, Hindalco, HCL Tech, Reliance Industries, Maruti, Cairn and ACC led the markets hgiher in early trade.
However, Tata Steel, Reliance Infrastructure, JPSL, Kotak Mahindra Bank, ONGC, NTPC and SAIL were in red.
The CNX Midcap Index rose 23 7455 About two shares advanced for every share declining on the National Stock Exchange.
In the second line shares, DCB rose 1.5% after company's net profit increased by 115% YoY to Rs 18.9 crore