The Sensx is up over 100 points, as the 30-stock index climbs to the 80,400 mark. The Nifty Bank index is also putting up a fight, with a near 60-point rise in its total value.
Some of the biggest gainers among the Nifty 500 stocks are Sun Tv, HUDCO, NMDC, Tata Invest, Pfizer, Lupin.
The Nifty has been under pressure after falling for 8 sessions straight. The last time the Nifty declined for eight days in a row was between February 18 and March 4 this year, when it fell for 10 straight sessions. All eyes for the first half of the session would be on RBI Governor Sanjay Malhotra and the policy statement.
Watch this space for all the live updates.