India’s benchmark indexes opened higher on Monday, lifted by gains in heavyweight ICICI Bank and HDFC Bank after both posted strong fourth-quarter results over the weekend.

The Nifty 50 was up 0.41% at 23,949.15, while the BSE Sensex rose 0.45% to 78,903.09, as of 9:15 a.m. IST.

Financials rose 1%, with ICICI Bank and HDFC Bank adding 2.1% and 0.9%, respectively.

Barring information technology, all major sectors advanced at open. The broader mid- and small-caps also gained 0.5% each.