Shares of Kotak Mahindra Bank Ltd. 500247 advanced 9.15% to 1,919.60 Indian rupees Monday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.

India's benchmark indexes advanced on Monday, led by gains in Kotak Mahindra Bank and Wipro after their better-than-expected quarterly earnings, while the focus shifts to the U.S. policy framework with Donald Trump set to take oath as the President.

The private lender's shares have got several upgrades from brokerage firms following its strong third-quarter performanc.

Kotak Mahindra Bank shares climbed 9.22 per cent to hit a high of Rs 1,920.85 on BSE. At this price, the bank commanded m-cap of  of Rs 3,81,928 crore. This was higher than Maruti Suzuki India's Rs 3,

By Bharath Rajeswaran and Indranil Sarkar (Reuters) -Indian shares inched higher on Monday, led by gains in Kotak Mahindra Bank and Wipro after their better-than-expected quarterly earnings, while concerns over the U.