The market has opened with some strength ahead of F&O expiry tomorrow. The Sensex is up 151.63 points at 29156.29, and the Nifty is up 46.25 points at 8808.35. About 649 shares have advanced, 146 shares declined, and 119 shares are unchanged. Sesa Sterlite, Tata Power, SBI, M&M and ONGC are top gainers in the Sensex.

Reports on Indian ADRs
• Indian ADRs ended mixed on Tuesday.
• In the IT space, Infosys rose 1.55 percent at USD 36.75.
• Wipro added 1.03 percent at USD 13.75.
• In the banking space, ICICI Bank was unchanged at USD 10.98.
• HDFC Bank was up 0.54 percent at USD 60.10.
• In the other sectors, Tata Motors slipped 1.41 percent at USD 48.28.
• Dr Reddy’s Laboratories was down 0.39 percent at USD 53.98.

Indian Market Highlights
Indian markets are expected to trade in a range on Wednesday tracking muted trend seen in other Asian markets. Nifty ended the day with marginal gains of 7 points at 8762, while the Sensex added 29 points to close at 29004 on Tuesday. After breaching the support of 8800 Nifty turned weak for the immediate term. It now has Immediate support placed at 8720 and below that 8691," GEPL Capital said in a report.

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