BENGALURU, April 10 (Reuters) - India's benchmark share indexes rose on Wednesday, led by gains in metal stocks on expectations of strong global demand, while IT stocks were subdued ahead of US inflation data.

The NSE Nifty 50 was up 0.25% at 22,700.02 as of 10:48 a.m. IST, while the S&P BSE Sensex added 0.29% to 74,897.16.

The Nifty metals index rose 1.7%, hitting a record high for a second straight session on expectations of a demand rebound on the back of strong manufacturing data from the United States and China.

Vedanta led gains in the index, jumping 7.5% after CLSA double-upgraded the stock to "buy" from "underperform" and raised target price by 50% to 390 rupees.

The metals index has risen 9.3% in April so far, outperforming the 1.7% rise in benchmark index after data showed manufacturing growth in China and the U.S.

Oil and gas and energy stocks rose about 1.8% and 1.2%, respectively, led by a 1.3% gain in Reliance Industries.

"One thing that has helped over the last week is the financial updates which have raised expectations of a positive quarterly results season," said Aishvarya Dadheech, founder and chief investment officer at Fident Asset Management.

Strong domestic manufacturing data and improving manufacturing activity in China are also fostering buying interest in commodities like metals and energy stocks, added Dadheech.

Coal India rose 2% and was among the top five Nifty 50 gainers, after Jefferies termed it the "preferred stock in metals and mining space" citing "attractive valuations and limited global exposure."

U.S. interest rate-sensitive information technology stocks were flat, ahead of the key U.S. inflation data for March due later in the day.

Recent strong economic data have dampened hopes of a U.S. rate cut in June, and a hotter-than-expected inflation data will likely add to worries of a further delay. (Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sonia Cheema and Varun H K)