The Indian market edged up after a flat start on Friday as investors avoided large bets ahead of the Narendra Modi government's final budget before the Lok Sabha elections. Finance Minister Piyush Goyal is expected to announce major populist measures for farmers and middle class tax payers in the interim Budget.

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At 9.40 am, the Sensex was up by more than 100 points, trading near 36,375. The BSE index had opened just 25 points up at 36,281.80. The Nifty too edged up by more than 30 points hovering above 10,860 mark.

Broader market outperformed with the Nifty MidCap rising 0.39 percent. The BSE MidCap was also higher by 0.38 percent.

BSE Metal fell 5 percent as Vedanta stocks plunged nearly 17 percent after disappointing third quarter results. The gauge was the weakest among 15 declining sectors. Nifty Auto surged a percent, leading among 28 advancing sectors as Tata Motors, Hero Motors and M&M gained. Sectors associated with Telecom, Consumption and Consumer rose as well.

Hero Moto, HCL Technologies, Bharti Airtel, Bajaj Finserv, Bajaj Finance and M&M shares surged between 1 and 3 percent.

Meanwhile, the rupee opened little changed

against the greenback on Friday, as traders refrained from taking big bets ahead of the interim Budget. The rupee opened at 71.07 against the US dollar after Thursday's close of 71.08.

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First Published:Feb 1, 2019 10:10 AM IST