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While Nifty50 was up 60 points to hover 18,350 levels, the S&P BSE Sensex gained around 200 points to trade at 61,530 levels.
Broader markets, too, were in the green zone as Nifty SmallCap 100 index up 0.3 per cent, and the Nifty MidCap 100 index up 0.04 per cent.
Sectorally, the Nifty IT fell 0.6 per cent, while the Nifty PSU Bank index slipped 0.7 per cent.
Among individual stocks, shares of sugar companies were on a roll as they rallied up to 20 per cent for a second straight trading day on the back of heavy volumes. READ MORE
Besides, shares of Spandana Sphoorty gained over 1 per cent as the board plans to mull fund raise on Wednesday, December 21.
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