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The major equity benchmarks are significantly up during the early trade on the back of optimistic global indications. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 398.56 points or 0.67 per cent. 

The domestic markets have opened in the green, shooting up decently with Sensex gaining 500 points and trading at 59,741.16 level. Meanwhile, Nifty zoomed 191 points and was spotted at the 17,813.85 level.

Yesterday, Sensex closed at 59,141.23, up by 0.51 per cent.

On Monday, Indian equity staged a decent recovery to end with positive developments in the green territory. Nifty 50 recorded gains of 0.52 per cent to end the session at 17,622.2.

PSU banks are an attractive play on the growing Indian economy as these banks have strengthened their balance sheet by fully providing for stressed accounts. The focus on improving underwriting practices is reflected in controlled slippages.

It has gained about 342 per cent in the last six months while its shareholders enjoyed stellar returns of 139 per cent in just one month!     

On the other hand, S&P BSE Smallcap index dropped mere 54 points and trades at 29,152.99. 

Ambuja Cement gained 9.32 per cent in today’s session to close at Rs 564.40. Ambuja Cements and its subsidiary ACC Ltd were purchased for $6.4 billion on Friday from the Holcim Group in Switzerland by Adani Group.