The market has seen some amount of buying led by capital goods, healthcare and banks. The Sensex is up 87.50 points or 0.3 percent at 25776.36, and the Nifty is up 17.70 points or 0.2 percent at 7883.75.

Dr Reddy's Labs, HUL, BHEL, Axis Bank and GAIL are top gainers while Tata Motors, Hindalco, ONGC, Bharti and ITC are losers in the Sensex.

Oil prices were steady as brimming inventories and a looming refined products glut offset supply disruptions in Canada and elsewhere that have taken more than 2 million barrels a day of production out of the market.

Despite the improving conditions, producers expect shutdowns of several weeks as facilities like pipelines that were close to the fires need to be inspected, while evacuees need to leave production plants before staff can return.

Outages in Canada and around the world now amount to more than 2 million barrels of lost daily output since the beginning of the year, virtually erasing a glut that emerged in 2014 and pulled down prices by as much as 70 percent before a recovery started earlier this year.

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