Along with a surge in worldwide markets and purchases of ICICI Bank and Reliance Industries, the key equity indexes for India, the Sensex and Nifty, saw a boost in early trade on Monday.

In early trading, the 30-share BSE Sensex increased 411.15 points to 74,141.31. The NSE Nifty reached 22,514.15, up 94.2 points.

By over two percent, ICICI Bank increased from the Sensex basket.

Other significant winners were IndusInd Bank, Tech Mahindra, Maruti, Sun Pharma, Reliance Industries, and Tata Steel.

The laggards were Power Grid, ITC, Mahindra & Mahindra, and HCL Technologies.

Hong Kong, Shanghai, and Seoul were trading in positive territory in the Asian markets.

On Friday, Wall Street concluded the day higher.

The benchmark for global oil, Brent crude, fell 0.89 percent to USD 88.70 a barrel.

According to exchange statistics, foreign institutional investors liquidated stocks on Friday for a total of Rs 3,408.88 crore.

The benchmark BSE fell 609.28 points, or 0.82 percent, on Friday, closing at 73,730.16. The NSE Nifty dropped to 22,419.95, a loss of 150.40 points, or 0.67 percent.