Both the S&P BSE Sensex and the NSE Nifty50 hit their respective intra-day benchmarks of 38 586.83 points and 11 654.15 points.
According to market observers so far healthy buying activity was witnessed in banking metal and consumer durables stocks.
At 9.34 a.m. the wider Nifty50 on the National Stock Exchange traded at 11 651.50 points higher by 94.40 points or 0.82 per cent from its previous close.
The benchmark BSE Sensex which had 38 472.03 points traded at 38 582.42 points higher by 330.62 points or 0.86 per cent from its previous close of 38 251.80 points.
So far it has touched an intra-day low of 38 416.73 points.
--IANS rrb/ksk
