India, April 24 -- Indian shares opened a tad higher on Wednesday after upbeat earnings from the likes of United Technologies, Twitter and Coca-Cola helped the Nasdaq and S&P 500 indexes reach record closing highs overnight.

The benchmark BSE Sensex was up 71 points or 0.18 percent at 38,635 while the broader Nifty index was up 23 points or 0.20 percent at 11,599 ahead of April derivative contracts due on Thursday.

Reliance Industries rose half a percent on reports that it is preparing the ground for its e-commerce launch.

Banks were narrowly mixed amid reports that the RBI may adopt a more accommodative approach towards resolution of stressed assets when it issues a revised circular to replace the controversial February 12, 2018, circul...