A benchmark index of Indian equities was ruling 130 points higher in Monday morning trade compared to its previous close.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,230.34 points, was ruling at 19,266.69 points, up 130.08 points or 0.68 percent from its previous close at 19,136.61 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was trading at 5,785.4 points, up 0.58 percent.
However, broader markets were in the red, with the BSE midcap index ruling 0.27 percent down and the BSE smallcap index trading 0.21 percent lower.