Market heavyweights Tata Consultancy Services Ltd TCS and Reliance Industries Ltd are scheduled to report their quarterly numbers this week. "The Nifty may not be able to sustain at 10,000 level in the next half of October as reality dawns on the guidance which companies are expected to provide soon. We can see more stock and sector-specific moves in the near term," said Sanjiv Bhasin, executive vice president, market and corporate affairs, IIFL.
Shares of consumer companies like ITC Ltd and Hindustan Unilever Ltd gained as much as 0.9 percent each.
The NSE bank index rose as much as 0.5 per cent with IndusInd Bank being the top gainer on the index, climbing nearly 2 per cent after two straight sessions of losses.
Adani Enterprises shares also lost over 4 per cent after large protests were held across Australia on Saturday against the company's proposed Carmichael coal mine on environmental concerns.
Jaiprakash Associates rose as much as 3.8 per cent after the company approved transfer of certain assets and liabilities to unit Jaypee Infrastructure Development.
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