Market indices began trading on a positive note, thus, extending gains on Monday morning.
The BSE's Sensex saw a 131.87-point hike to 33,758.84, while Nifty 45.05 points higher at 10,376.65.
While Yes Bank, HDFC Bank, Reliance Industries, L&T Technology and ITC were early gainers, shares of ICICI Bank fell nearly two percent amid the ongoing controversy surrounding a Rs 3,250-crore loan sanctioned to Videocon Group on quid pro quo basis.
The Indian rupee saw a 6 paise-hike to trade at Rs 64.90 against one US dollar.
Meanwhile, Asian shares began trading flat on Monday amid US President Donald Trump's Twitter war with China over trade, reported Moneycontrol.
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