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The market has opened on a strong note Monday. The Sensex is up 174.69 points or 0.7 percent at 24892.68 and the Nifty is up 51.70 points or 0.7 percent at 7561.90. About 598 shares have advanced, 110 shares declined, and 36 shares are unchanged. Tata Motors, ICICI Bank, Hindalco, Adani Ports and Tata Steel are top gainers while Coal India, Bharti Airtel and BHEL are losers in the Sensex.

Buying was visible across the sectors barring metal stocks. Banking stocks were among the leading gainers. The banking sub index on the NSE, Bank Nifty rose 1.5 per cent. Realty, auto and capital goods indices also advanced around 1 per cent each.