Market Update at 12:30 PM: Indian stock markets were trading higher on Tuesday as investors remained cautious ahead of the US Federal Reserve’s monetary policy outcome, which is scheduled to be announced on Wednesday, September 17.
Market participants are also closely watching the meeting between chief negotiators from India and the United States (US), expected to be held today, for stock-taking discussions on the proposed bilateral trade agreement (BTA).
At 12 PM, the BSE Sensex was up by 334 points or 0.41 per cent, trading at 82,119.52. The NSE Nifty 50 also moved higher by 97.30 points or 0.39 per cent to 25,166.50. The gains in the benchmark indices were largely supported by select Large-Cap stocks.
Top Sensex gainers during the session included M&M, Kotak Bank, L&T, Adan