India, Jan. 29 -- U.K. stocks are quite subdued in cautious trade Wednesday morning as investors await the Federal Reserve's monetary policy announcement later in the day.
The Fed is widely expected to hold rates and the focus is on the accompanying statement for clues about the central bank's moves in the coming months.
The benchmark FTSE 100, moving in a tight band between 8,520.53 and 9,551.54, was up 14.67 or 0.17% at 8,548.54 a little while ago.
Among the gainers, shares of travel retailer WH Smith are up 7% after the company reported higher revenue growth for the 21-week period ended January 31.
Fresnillo is rising 2.3%. The precious metals miner met guidance with silver output in 2024 and marginally beat expectations with gold pr...