BSE Sensex opened 59.64 points higher, but soon turned choppy in early trade, as investors cashed profits in metal, healthcare, PSU and auto stocks, amid weak Asian cues as US-China trade spat escalated.
Indian equities rose for a third straight day, Sensex and Nifty closing above the key 35,000 and 10,700 levels buoyed by a sharp decline in global crude oil prices.
On a weekly basis, the Sensex gained a hefty 620.41 points, or 1.78 per cent, while the Nifty advanced 188.25 points, or 1.77 per cent.
At 12.49 pm, the wider Nifty50 of NSE traded at 10,757.50 points, up 40.95 points or 0.38 per cent from the previous close of 10,716.55 points.
Kishore Biyani-led Future Group has been signed as an associate sponsor with Star India for the upcoming Vivo-IPL 2018.
State-owned Life Insurance Corporation (LIC) has hiked its stake in Asian Paints by 2 percent by buying 1.92 crore shares in the open market.
Caution crept in ahead of quarterly result to be released later which include key names like Axis Bank and Asian Paints.
Three Indian firms -- Hindustan Unilever, Asian Paints and Bharti Airtel -- are among Forbes' list of the world's 100 most innovative companies.