Sensex trades higher, Nifty above 9,100; Rupee highest since Oct 28, 2015

Rupee appreciated above 65-mark against US dollar for the first time since October 28, 2015

The benchmark indices on Wednesday were trading higher a day ahead of the expiry of March derivatives contracts as Asian markets inched up tracking positive closing on Wall Street after US consumer confidence improved unexpectedly. 

At 10:50 am, the S&P BSE Sensex was trading at 29,478, up 69 points, while the broader Nifty50 was ruling at 9,123, up 23 points.

In the broader market, the S&P BSE Midcap gained 0.3%, while the S&P BSE Smallcap added 0.4%. 

"Yesterday’s positivity could push prices further higher earlier in the day, but a range expansion is less likely. Ideally, the 9170 region might