Sensex, Nifty open higher as auto and banking stocks gain

Benchmark stock market indices opened higher after auto and banking shares rallied.

Indian shares opened higher on Monday, hovering near record highs and advancing for the third straight session, helped by gains in auto and bank stocks.

The blue-chip NSE Nifty 50 index rose 0.41% to 17,926.85 by 9:15 am, and the benchmark S&P BSE Sensex was up 0.45% at 60,321.52.