Indian stock indices ended moderately higher on Monday, September 18 as bullish sentiment prevailed both locally and globally. Risk appetite got a boost amid easing concerns over North Korea as well as traditionally subdued trading ahead of the FOMC’s meeting scheduled for September 19-20. By the close, the Nifty 50 advanced 0.67% to 10,153.10, and the BSE Sensex added 0.47% to 32,423.76. In the blue-chip universe, Bharti Infratel, Bajaj Auto and Indiabulls Housing Finance outperformed, while Oil And Natural Gas Corporation, Tata Steel and ITC lagged behind the broader market. The USD/INR pair weakened 0.05% to 64.115. The 10-year Indian government bond yield widened 0.05% to 6.603%. Dixon Technologies India skyrocketed 64% vs. the IPO price on its debut trading session today. Tata Motors added 0.8% on rumors that the company is massively cutting costs. From a technical standpoint, the daily chart shows that the BSE Sensex holds limited upside potential, heading towards the resistance level at 32,650, while the Slow Stochastic Oscillator signals that the benchmark is in overbought territory.