Among the components of the S&P BSE BANKEX index, Axis Bank Ltd (up 1.49%), Federal Bank Ltd (up 0.99%),ICICI Bank Ltd (up 0.65%),AU Small Finance Bank Ltd (up 0.62%),IndusInd Bank Ltd (up 0.56%), were the top gainers. Among the other gainers were Kotak Mahindra Bank Ltd (up 0.32%), and State Bank of India (up 0.03%).

On the other hand, Bank of Baroda (down 1.5%), and HDFC Bank Ltd (down 0.19%) turned lower.

At 09:42 IST, the S&P BSE Sensex was up 287.49 or 0.4% at 72691.66.

The Nifty 50 index was up 62.35 points or 0.28% at 22019.85.

The S&P BSE Small-Cap index was down 435.31 points or 0.97% at 44602.52.

The S&P BSE 150 Midcap Index index was down 84.96 points or 0.62% at 13668.99.

On BSE,1494 shares were trading in green, 1444 were trading in red and 104 were unchanged.