The S&P BSE Sensex was up 308.61 points to 77,032.69, while the NSE Nifty50 added 105.75 points to 23,318.95 as of 10:25 AM.
Markets could rebound after Donald Trump’s inauguration with the Aussie dollar a ‘prime target’ for buyers, according to NAB.
Investors were also keeping high hopes from quarterly earnings of heavyweights Reliance Industries Ltd, Infosys Ltd and Axis Bank Ltd scheduled for later in the day.