FPIs have showed strong tendency to buy Indian equities ahead of the budgets, data shows.
The brokerage maintained 'Buy' rating on the stock with a target price of Rs 1,500.
HUL had beaten Street estimates in Q2 by reporting a 19 per cent jump in profit after tax.
Satin Creditcare Network broke its two-day gaining streak today and touched the low of Rs 239.60 in trade.
The blue-chip CSI300 index rose 2.0 percent, to 3,127.99 points, while the Shanghai Composite Index ended up 1.4 percent at 2,570.34 points.
The pan-European STOXX 600 was up 0.6 percent by 0829 GMT, with the trade-sensitive DAX up 0.8 percent and the FTSE 100 rising 0.5 percent.
The Nifty Bank index was trading 0.55 per cent up at 27,398.10 around 12:10 pm.
Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.
The S&P BSE Oil & Gas index was trading 1.21 per cent up at 13,270.65 around 12:37 pm.
Benchmark NSE Nifty50 index was up 102 points at 10,839.60 while the BSE Sensex was up 323.10 points at 36,176.66.
Khanna is one of the top individual investors on Dalal Street believed to have a Midas touch.
Lenders and financial creditors have raised doubts over the sources of funds of SPGP and Monday’s hearing deepened those doubts.