Stock market today, July 6 -- Indian benchmark indices, Sensex and Nifty 50, opened higher on Monday, 6 July supported by strong gains in private banking stocks after robust June-quarter business updates from HDFC Bank and Axis Bank, while easing crude oil prices further boosted investor sentiment.

At 9:20 IST, the Nifty 50 was up 0.35% at 24,354.80, while the BSE Sensex gained 0.39% to 78,065.23.

Market breadth remained positive, with 14 of the 16 major sectoral indices trading in the green. The Nifty Bank and Financial Services indices rose around 0.5% each, led by nearly 2% gains in HDFC Bank and Axis Bank.

Over the weekend, HDFC Bank reported a 15.4% year-on-year increase in gross advances for the June quarter, while period-end dep...