India, April 29 -- Indian markets opened on a positive note Monday, with shares of private sector banks in focus after strong quarterly results.

The benchmark S&P BSE Sensex was up 403 points, or 0.6 percent, at 74,133 in early trade, while the broader NSE Nifty index was up 89 points, or 0.4 percent, at 22,508.

Other Asian markets traded mostly higher, though overall gains remained capped amid caution ahead of the highly anticipated Federal Reserve's policy meeting scheduled for April 30 to May 1.

Maruti Suzuki India, SBI Life, IndusInd Bank and Divis Laboratories rose 1-2 percent while Apollo Hospitals Enterprise plunged 5.7 percent after PE firm Advent International agreed to invest 24.75 billion rupees (nearly $297 million) in its un...