The benchmark Bombay Stock Exchange (BSE) Sensex gained over 61 points after opening at a loss of over 14 points in early trade on Monday.
The 30-share barometer, which had gained 774.09 points in the previous four sessions opened at a loss of 14.47 points at 26,088.76, led by weakness in FMCG, IT, realty and tech sector stocks.
However, the index gained 61.44 points, or 0.24 per cent, to 26164.67 at 10:20 am.
Similarly, the National Stock Exchange index Nifty headed for a fifth session of gains after opening at a loss of 5.10 points at 7,786.60. The index was up 0.26 per cent at 7811.65 at 10:20 am.
Among other Asian bourses, Japan's Nikkei was trading 0.07 per cent higher, while Hong Kong's Hang Seng shed 0.16 per cent in early trade on Monday.
The US Dow Jones Industrial Average ended 0.30 per cent lower in Friday's trad