Equity Surge: Banking Stocks Lead Early Ascent Amid Global Rally

Benchmark equity indices rose on Thursday morning, bolstered by global trends and bank stock gains. Market eyes are on Tata Consultancy Services' upcoming Q2 earnings report. The Reserve Bank of India's neutral policy stance and global market trends also influenced investor sentiment, contributing to the early trading surge.

In Thursday's early trade, benchmark equity indices experienced a notable uplift spurred by positive global equity trends and an uptick in banking stocks.

Market watchers are keenly awaiting the Q2 earnings report from Tata Consultancy Services, as traders expect further market cues from the tech giant's performance.

Adding to investor optimism, advancements in major Asian markets and favorable Wall Street performances have further buoyed sentiments, abetted by dovish commentary from the Reserve Bank of India.

(With inputs from agencies.)