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The market has opened higher as the Sensex is up 58.13 points or 0.2 percent at 26227.54. The Nifty is up 12.90 points or 0.2 percent at 7967.80. About 819 shares have advanced, 179 shares declined, and 43 shares are unchanged. GAIL, Vedanta, Tata Steel, Bajaj Auto and Coal India are top gainers in the  Sensex while Tata Motors, Axis Bank, Bharti Airtel, Hero and Infosys are among losers.

Indian stocks markets are poised to open higher, tracking a rally on Wall Street. However, the gains look to be capped as Asian markets are trading mixed. The Nifty futures on Singapore exchange were trading 0.16 per cent higher at 7,997.Hopes of a breakthrough in GST bill and expectations of fresh stimulus from the European Central Bank have supported Indian markets in the past few sessions.