India, Oct. 10 -- India's stock market opened higher today led by financials, even as IT stocks posted modest gains after bellwether Tata Consultancy Services Ltd. posted its second-quarter results.

At 9:47 am, the 30-share Sensex was trading 0.25% higher at 82,376.38 points even as the broader Nifty 50 rose 0.38% to 25,278.15 points. The benchmark has risen in five out of the past six sessions, gaining 2.3%, led by about 6% rally in IT stocks.

Twelve of the 16 major sectors gained, with Nifty Bank rising 0.4% and Nifty IT gaining 0.2%. Nine out of 10 Nifty IT stocks advanced, while TCS' share price fell 0.7%. The company had gained 6% in the last six sessions ahead of its quarterly earnings report.

The broader small-caps and mid-caps ...