NEW DELHI: The Sensex at the BSE and NSE's Nifty saw an improvement in early trading on Tuesday ahead of the US Federal Reserve meeting amid concerns of escalating trade wars. The 30-share Sensex at the Bombay Stock Exchange rose 145.00 points, or 0.37 percent, to 39,105.79 points in early trade.

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Similarly, the Nifty at the National Stock Exchange rose 40.15 points, or 0.34 percent, to 11,712.30 points in the opening round. On Monday, the Sensex at the Bombay Stock Exchange plunged 491.28 points, or 1.25 percent, to close at 38,960.79 points. Businessmen said investors were taking a cautious stance ahead of the U.S. Federal Reserve's policy meeting.

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The meeting is scheduled to begin on Tuesday. Experts said that the possibility of escalating tensions on the trade front between the US and China and its impact on India and US data show that there is no immediate need for an interest rate cut. In other Asian markets, the Shanghai Composite Index and the COSPi had a positive trend in early trade, while the Nike declined.

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