The market has once again opened higher. The Nifty is inching closer to 8100, up 49.45 points at 8077.05. The Sensex is up 172.73 points at 27053.55. About 471 shares have advanced, 85 shares declined, and 16 shares are unchanged.
Hero, Tata Motors, HUL, M&M and ONGC are top gainers in the Sensex. Among the losers are Dr Reddy's Labs and TCS.
The Indian rupee opened marginally higher at 61.25 per dollar against 61.32 Tuesday.
European stocks ended firmly in positive territory, regaining some of Monday's losses, as investors reacted to third-quarter earnings and prepared for a key monetary policy decision from the US.
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