Sensex & Nifty Trade Higher

Domestic benchmark indices, Sensex and Nifty, are trading higher ahead of the crucial US Federal Reserve’s meeting on rate cuts. Both the indices witnessed modest gains of over 0.1 per cent in the intra-day trade.

BSE Sensex was trading up 116 points to 83,105, and Nifty-50 was at 25,427 with a gain of 43 points, a short while ago.

However, the broader markets at BSE displayed mixed trends. The Midcap index was trading nearly 0.1 per cent up while the Smallcap index was trading 0.2 per cent down when the reports last came in.