(Reuters) -Indian shares opened slightly higher on Monday, led by gains in IT firm Wipro on plans for a bonus share issue, while the domestic inflation print remains in focus for clues about the timing of a possible interest rate cut.

Indian blue-chip indices closed higher ahead of September's inflation data release, with Sensex and Nifty gaining on the back of banking and IT stocks. Key gainers included Tech Mahindra and HDFC Bank,

Nifty Bank, which had lost 5 percent in the last two weeks, rose more than 1 percent, with HDFC Bank and ICICI Bank leading the charge.

By Hritam Mukherjee (Reuters) -Indian information technology (IT) and bank stocks lifted domestic shares on Monday, while investors awaited the domestic inflation print for clues about the timing of a possible rate cut.