The stock market has opened on a higher note with the Nifty reclaiming 8300. The market will also take cues as investors are looking to President-elect Donald Trump's news conference later in the day for any clues to his policies on tax, fiscal spending, international trade and currencies. The 50-share index Nifty50 is up 42.20 points or 0.5 percent at 8330.80. The BSE Sensex is up 131.59 points or 0.5 percent at 27031.15.
BSE SmallCap has hiked 78 points at 12661 and BSE MidCap is 93 points up at 12541.
Tata Steel, Dr Reddy's Labs, HDFC Bank, Infosys and ICICI Bank are top gainers in the Sensex.
The Indian currency rupee opened lower by 5 paise at 68.23 per dollar on Wednesday versus previous close 68.18.
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