Equity benchmarks started off the week at record high, with the Nifty crossing earlier intraday record high. Investors continued to focus on earnings.
The 30-share BSE Sensex was up 117.35 points at 33274.57 and the 50-share NSE Nifty rose 45.80 points to 10,368.80.
ICICI Bank was down over a percent post earnings on profit booking. The stock seems to have already priced in earnings and better-than-expected slippages.
ONGC, Bharti Airtel, Tech Mahindra, HCL Technologies, Maruti Suzuki, Vedanta and Reliance Industries were early gainers.
About 1,030 shares advanced against 239 declining shares on the BSE.
The broader markets outperformed benchmarks as the BSE Midcap and Smallcap indices gained 0.7 percent each.
Punj Lloyd, United Spirits, Ramakrishna Forgings, Tata Metaliks, Linde India, Dalmia Bharat Sugar, Jet Airways, InterGlobe Aviation, SpiceJet, Shriram EPC, Shriram City and IDFC were up 1-7 percent.
SPARC and AU Small Finance were down 1-4 percent.
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