Market Update at 10:30 AM: India’s stock benchmarks opened marginally higher on Tuesday, supported by optimism over progress in US-India trade negotiations and ahead of the Federal Reserve’s upcoming rate decision.

The Nifty 50 added 0.17 per cent to 25,110.75, while the BSE Sensex rose 0.2 per cent to 81,956.51 as of 09:28 a.m. IST. Thirteen of the 16 major sectors advanced at the open, though gains were largely modest. The broader market also showed improvement, with the Smallcap index up about 0.5 per cent and the Midcap index rising 0.2 per cent.

Investors are positioning for a potential Fed rate cut on Wednesday, which could weaken the USD and attract flows into emerging markets such as India.

The market optimism comes ahead of scheduled trade talks between India and the US, a

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