Mumbai. Benchmark indices traded with moderate gains in morning, driven by short covering in beaten down stocks in previous two sessions.
The Sensex gained 95.42 points at 36,576.51 and the Nifty rose 21.10 points to 10,838.70. About 914 shares advanced against 776 declining shares on the BSE.
The U.S. dollar declined on Tuesday as investors awaited the U.S. central bank's next monetary move.
The Federal Reserve's September monetary policy meeting kicked off on Tuesday and it will announce its latest decision on interest rate on Wednesday afternoon. Markets are betting high on further interest rate cut.