Sensex edges higher; RIL falls after earnings

Reuters Market Eye - The BSE Sensex and the Nifty rise 0.6 percent each. Reliance Industries Ltd shares fall 1.1 percent after the company's October-December quarter profit, out on Friday, when adjusted for other income, was seen lagging expectations, dealers say.

UltraTech Cement falls 0.7 percent on caution ahead of its quarterly earnings later in the day.

UltraTech may lag consensus profit forecast for the October-December quarter, Thomson Reuters StarMine's SmartEstimates show.