New Delhi, Sept. 16 -- The Indian stock markets opened on a positive note on Wednesday, recovering from yesterday's sharp sell-off, with Sensex surging over 300 points and Nifty above 23,200 ahead of the Fed's September 15-16 policy meeting. The benchmark indices opened with a gap-up despite elevated US bond yields and high crude prices.

Sensex opened at 74,249.31 against the previous close of 74,003.82 and was trading at around 74,388.37, up 384.55 points or 0.52 per cent. Likewise, Nifty opened at 23,201.60 against the previous close of 23,118.60 and was trading at around 23,244.30, up 125.70 points or 0.54 per cent.

On NSE, Nestle, ITC, SBIN, M&M, Reliance, Hindustan Unilever, Asian Paints, HCL Tech, Power Grid, Kotak Bank, HDFC Life...