The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,567 level, a premium of nearly 37 points from the Nifty futures’ previous close.

The market crashed after banking stocks witnessed sharp selling pressure on Monday, with IndusInd Bank major draggers. Private bank stocks were top losers in the second half, which was not the case in the first half of the March 10th trading session.

Among the broader markets, the Nifty Smallcap100 index continued its northward journey, settling higher by 0.67 per cent