Among the components of the S&P BSE BANKEX index, AU Small Finance Bank Ltd (up 3.22%), ICICI Bank Ltd (up 1.88%), IndusInd Bank Ltd (up 1.82%), Kotak Mahindra Bank Ltd (up 0.66%), State Bank of India (up 0.37%), and Axis Bank Ltd (up 0.36%), were the top gainers.

On the other hand, IDFC First Bank Ltd (down 5.35%), Bank of Baroda (down 0.3%), and Federal Bank Ltd (down 0.22%) moved lower.

At 09:42 IST, the S&P BSE Sensex was up 400.03 or 0.54% at 74130.19.

The Nifty 50 index was up 81.05 points or 0.36% at 22501.

The S&P BSE Small-Cap index was up 129.62 points or 0.27% at 47368.91.

The S&P BSE 150 Midcap Index index was up 50.9 points or 0.36% at 14134.32.

On BSE,2181 shares were trading in green, 910 were trading in red and 133 were unchanged.