The Sensex closed the day with gains of 75 points, while the Nifty closed higher by 20 points.
Markets across Asia ended the day with gains, while most of Europe was trading marginally in the positive.
Shares of Nestle India tumbled nearly 6 per cent today after food safety watchdog FSSAI said it has not given any clean chit to the company's banned Maggi noodles as it, reports PTI.
The stock ended the day at Rs 6,475, lower by 5.22 per cent on BSE. It touched an intraday low of Rs 6,461 during the trade.
Shares in Siemens India rallied after the company reported a good set of numbers for the quarter ending June 30, 2015.
The stock ended the day at Rs 1,521, higher by 1.74 per cent on BSE. It touched an intraday high of Rs 1558 during the trade.
Shares of Shoppers Stop rose after it gets into a partnership with e-commerce company Snapdeal.
The stock ended the day at Rs 420, higher by 0.90 per cent on BSE. It touched an intraday high of Rs 445 during the trade.
Dr Reddy's Labs hit a new 52-week high in trade on sustained buying after CLSA said the company could see profits increase in the coming years.
The stock ended the day at Rs 4,285, higher by 2.22 per cent on NSE. It touched an intraday high of Rs 4326 during the trade.
Tech Mahindra informed that its Executive Vice Chairman Vineet Nayyar will assume the role of Vice Chairman of the firm with effect from August 10.
The stock ended the day at Rs 532, lower by 3.29 per cent on NSE. It touched an intraday low of Rs 531 during the trade.