Indexes cautiously rising in Piazza Affari with investors preferring to remain cautious ahead of important inflation data in the U.S. and EU.

Asia buoyed by tech, while realizations prevailed on Wall Street yesterday.

At 9:40 a.m., the Ftse Mib rose 0.25 percent.

Attempts rebound Leonardo at +0.65%, after yesterday's slide in a heavy session for the entire European aerospace sector due to Airbus' profit warning.

TIM collection up 1.8%. Continued good momentum in oil and energy with Saipem up 2.9% after Jefferies raised its price target to €3 from €2.75. Eni rises 0.6 percent.

Banks up cautiously with big Intesa Sanpaolo and UniCredit up 0.7 percent and 0.6 percent, respectively.

Weak IREN, which retreats 1.1% after yesterday's presentation of the 2030 business plan update.

Among the minors snap for Racing Force, which jumps 5.9 percent to 4.12 euros after the company completed its capital increase transaction, placing through accelerated bookbuilding (Abb) new shares totaling 7.5 million euros at a price of 4.43 euros per share. The stock is therefore adjusting to Abb's price. Today, Midcap also raised its target price on the stock to 6.4 euros from 6.2 euros with a "Buy" rating.

(Giancarlo Navach, editing Gianluca Semeraro)