The players of the market are eagerly observing Dr Patel's vision. Since becoming governor on September 4 he hasn’t made any public appearances. The observers will also closely examine how the panel members will vote.

Meanwhile, in opening trades, oil & gas, healthcare, IT and metal shares were seen on high demand on buying part. But, the banking shares were on the sidelines ahead of RBI's decision on interest rates at the same time.

Looking at Nifty shares, 43 were advancing while 8 were in declining position. Among the top Nifty gainers, Hero MotoCorp’s stock jumped as much as 2%to hit intraday high of Rs. 3,594 after the two-wheeler maker assumed that it sold a record 6, 74,961 units in September.

Several other market players like ONGC, Adani Ports, Reliance Industries, Tata Motors, Bharti Infratel, Aurobindo Pharma, GAIL India and Cipla were also ranking among the gainers.

IndusInd Bank, Axis Bank, Bharti Airtel, Larsen & Toubro, Kotak Mahindra Bank and Coal India were counting among the Nifty’s laggards.  

Sensex was up 67 points at 28,310 and Nifty was up 18 points at 8,756 as of Tuesday.