The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,028 level, a premium of nearly 50 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 22,957.25, while Sensex ended at 75,901.41.Overnight Wall Street indices ended higher. Asian stocks were also in green in early trade today.

Among the prominent Sensex constituents, Zomato led the gains with a nearly 7 per cent increase, followed by strong performances from Tata Motors, Infosys, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra and Bajaj Finance.