The Sensex opened 77 points higher at 9,334, and is now up 119 points at 9,376.
ICICI Bank has surged 4% to Rs 425, and SBI has rallied 3.5% to Rs 1,150.
HDFC, DLF and Tata Motors have gained around 3% each at Rs 1,553, Rs 183 and Rs 151, respectively.
Maruti, HDFC Bank, Mahindra & Mahindra and Reliance Communications have advanced around 2.5% each to Rs 534, Rs 936, Rs 291 and Rs 171, respectively.
Jaiprakash Associates, ACC, Tata Steel and Larsen & Toubro are up around 2% each.
BHEL has slipped over 2% to Rs 1,364. NTPC has shed 1.8% at Rs 188, and Bharti Airtel has declined over 1% to Rs 646.