Stock market today, Sept. 12 -- The domestic benchmark indices, Nifty 50 and Sensex, experienced an upward movement on Friday, following global market gains, as weaker U.S. employment data overshadowed a higher-than-expected inflation report, increasing expectations for rate cuts by the Federal Reserve.

At 09:15 IST, the Nifty 50 climbed 0.28% to 25,074.45, while the Sensex increased by 0.26% to 81,758.95. The positive investor sentiment was further supported by the growing likelihood of a U.S. rate cut next week and in the following two meetings, as data indicated a softening labor market that countered an uptick in inflation for August.

Decreased interest rates in the U.S. tend to attract foreign portfolio investors (FPIs) to emerging...