Indian benchmark indices continued to trade higher during the noon trading session as Investors look ahead to the outcome of US Federal Reserve's meeting scheduled to release later today. Market expects Fed to raise rates by 25-basis points amid the risk of financial contagion after the failures of Silicon Valley Bank and Signature Bank and concerns about the potential for a regional banking crisis.

At 12:40 hours, the 30-share benchmark index was trading at 58188.52 up by 113.84 points or by 0.2 % and then NSE Nifty was at 17154.1 up by 46.6 points or by 0.27 %.

Sensex touched intraday high of 58418.78 and intraday low of 58063.5 The NSE Nifty touched intraday high of 17207.25 and intraday low of 17107.85

The top gainers of the BSE Sensex pack were Bajaj Finserv Ltd. (Rs. 1307.00,+3.13%), Bajaj Finance Ltd. (Rs. 5847.00,+2.39%), IndusInd Bank Ltd. (Rs. 1034.80,+1.28%), Sun Pharmaceutical Industries Ltd. (Rs. 966.50,+1.08%), Larsen & Toubro Ltd. (Rs. 2223.90,+0.70%), among others.

The top losers of the BSE Sensex pack were NTPC Ltd. (Rs. 175.65,-0.90%), Axis Bank Ltd. (Rs. 849.35,-0.68%), Nestle India Ltd. (Rs. 18803.15,-0.59%), HDFC Bank Ltd. (Rs. 1571.50,-0.50%), Titan Company Ltd. (Rs. 2502.95,-0.44%), among others.

Realty index was at 3167.3 up by 11.65 points or by 0.37%. Phoenix Mills Ltd. (Rs. 1351.00,+1.95%), Macrotech Developers Ltd. (Rs. 863.15,+1.31%), Brigade Enterprises Ltd. (Rs. 471.35,+0.71%), DLF Ltd. (Rs. 369.60,+0.61%), Oberoi Realty Ltd. (Rs. 864.95,+0.35%),.

CDS index was at 38023.01 down by -39.88 points or by -0.1%. Titan Company Ltd. (Rs. 2506.00,-0.32%), Havells India Ltd. (Rs. 1198.50,-0.30%), Bajaj Electricals Ltd. (Rs. 1094.50,-0.10%), Dixon Technologies (India) Ltd. (Rs. 2900.00,-0.01%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3652 , shares advanced were 2203 while 1272 shares declined and 177 were unchanged.