Indian shares gained on Monday, led by construction major Larsen and Toubro following better-than-expected corporate earnings.
At 0615 GMT, the S&P BSE Sensex rose 0.40 percent to 32,429 while the broader NSE Nifty advanced 0.30 percent to 10,044.
Investors will be keeping a close eye on the Reserve Bank of India's meeting on Wednesday, at which it is expected to cut rates.
Larsen and Toubro, the engineering and construction conglomerate, rose 2.7 percent after the company reported better- than-estimated earnings for the first quarter.
Other gainer included State Bank of India, Tata Steel, ICICI Bank and ONGC, gaining between 2 percent to 3 percent.
Among the laggards, Central Bank of India fell 2 percent after the lender reported a loss for June-quarter.
Market breadth was in the favour of gainers, with about 2 stocks advancing to every 1 stock that declined.
Meanwhile, Asian shares turned positive after solid Chinese data on Monday following a lacklustre start.
The official Chinese manufacturing and services purchasing managers' indices both slipped in July, but remained above the 50-point mark that separates growth from contraction on a monthly basis.
MSCI's broadest index of Asia-Pacific shares outside Japan reversed early losses to rise 0.1 percent.