The S&P BSE Sensex rose 300 points, or 0.6 per cent, at 49,530 levels and the Nifty50 index topped the 14,900-mark. Dr Reddy’s rose 2 per cent and was the top Sensex gainer, followed by ONGC, Titan, and Kotak Mahindra Bank (all up 1%).
The Nifty sectoral indices were painted green, led by Nifty Metal index, up 2.9 per cent.
In the broader markets, the S&P BSE MidCap and SmallCap indices ruled 0.5 per cent and 0.8 per cent higher, respectively.
A total of 22 firms, including Chambal Fertilizers & Chemicals, Venky’s, JMC Projects and Zydus Wellness are slated to post their quarterly numbers today.