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Among stocks, Tata Consultancy Services slipped by 1.3 per cent to Rs 2,033 per share. Tech Mahindra was down by 1.2 per cent, Wipro traded 0.8 per cent lower while HCL Technologies suffered a loss of 0.7 per cent.

Auto major Maruti Suzuki too traded 2 per cent higher, Tata Motors by 1.7 per cent, Eicher Motors by 0.9 per cent and Mahindra & Mahindra by 0.7 per cent. The other prominent gainers were Zee Entertainment and Yes Bank.

The Sensex rose 84 points or 0.21 per cent to trade at 40,864.05, while the Nifty 50 was at 12,043.60, up 25.90 points or 0.22 per cent firmer.

Bharti Infratel gained by 3.5 per cent to Rs 257.10 per share while Tata Motors ticked up by 3 per cent. Private lenders ICICI Bank and Axis Bank showed gains of 1.4 per cent and 0.9 per cent.

Bharti Infratel lost by 5.5 per cent to Rs 250.80 per share. The other prominent losers were Bharti Airtel, Yes Bank, IndusInd Bank, Grasim and ONGC.

MSCI's index of Asia Pacific shares outside Japan gained by 0.46 per cent to reclaim some of its loss on Friday while Japan's Nikkei jumped by 1.11 per cent.

Referring to a series of measures taken in the field of infrastructure both in the rural and urban areas, he said that the Make in India and Start-up India projects are going to scale new heights in years to come.

Bharti Infratel moved up by 5.3 per cent at Rs 237.40 per share while UPL rose by 3.8 per cent at Rs 572.95 apiece.

Index heavyweight Reliance Industries also added gains of 1.7 per cent while the other gainers included Power Grid Corporation, Zee Entertainment, Sun Pharma, ITC, Vedanta and Tata Steel.

Among stocks, Zee Entertainment gained by 6.84 per cent at Rs 328 per share following reports that the parent Essel Group is planning to sell 16.5 per cent stake in the subsidiary company to financial investors. The group plans to repay loan obligations to certain lenders.