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The market has opened in green with eyes on FOMC meeting tonight. The Sensex is up 92.40 points or 0.4 percent at 25412.84, and the Nifty up 24.35 points or 0.3 percent at 7725.25. About 193 shares have advanced, 34 shares declined, and 12 shares are unchanged. M&M, Wipro and Tata Motors are major losers while NTPC, TCS, HDFC twins and Tata Steel.

Wipro on Wednesday said that its December quarter revenue and margins could be lower-than-expected on account of the Chennai floods that led to hundreds of deaths in India's fifth largest city. Wipro - India's third biggest outsourcer - has multiple facilities in Chennai with over 22,000 employees.