MARKETS LIVE: Nifty trades marginally higher ahead of Fed outcome

The benchmark indices were trading flat ahead of the derivatives expiry of the July series due tomorrow, while investors also took cues from the mixed trend seen in Asian markets ahead of the US Federal Resrve's policy outcome. The Fed concludes a two-day meeting later on Wednesday, and is widely expected to keep interest rates unchanged. With a rate hike not in the picture this time, the focus will be on the Fed's statement, with markets looking for signs of when the US central bank will begin paring its massive bond holdings and next raise rates. Commodity Trading Tips