Sensex, Nifty inch higher on consumer, IT gains

Benchmark market indices Sensex and Nifty opened marginally higher as consumer and IT stocks gained.

Indian shares inched higher on Wednesday, helped by consumer and information technology stocks, while investors awaited earnings results from a slew of big companies due later in the day.

The blue-chip NSE Nifty 50 index and the benchmark S&P BSE Sensex rose 0.1% each to 18,303 and 61,450 respectively, by 9:22 am.