India, Jan. 29 -- German stocks are gaining modest ground in positive territory Wednesday morning as investors react to the nation's consumer confidence data, and corporate earnings updates, and await rate decisions from the Federal Reserve later in the day.
The European Central Bank's policy announcement is due on Thursday. While the ECB is likely to lower rate by 25 basis points, the Fed is widely expected to hold its interest rate unchanged this month.
The benchmark DAX, which climbed to 21,525.70 earlier in the session, was up 59.80 points or 0.28% at 21,498.80 a little while ago.
Daimler Truck Holding, Siemens Energy and Infineon are gaining 2.2 to 2.5%. Puma is up nearly 2% and Siemens is advancing nearly 1.5%.
Rheinmetall, SAP, H...