INDIA STOCKS-IT leads India's benchmark indexes higher at the open

Updates for markets open

Jan 29 (Reuters) - India's benchmark indexes opened higher on Wednesday, led by information technology stocks, with investors awaiting the U.S. Federal Reserve's comments on interest rates later in the day.

The Nifty 50 .NSEI had risen by 0.27% to 23,019.15 points as of 9:25 a.m. IST, while the BSE Sensex .BSESN added 0.28% to 76,102.57.

Eleven of the 13 major sectors advanced. IT stocks .NIFTYIT rose about 1.6%, leading the sectoral gains.

Technology stocks have led gains in other Asian markets after powering Wall Street equities higher overnight as worries about the threat of a new low-cost Chinese AI model ebbed. MKTS/GLOB

The Fed is widely expected to hold its benchmark policy rate but the focus is on the central bank's thoughts on the rate trajectory, especially as President Donald Trump has called for rate cuts.

The Fed's commentary is crucial for global markets as they impact foreign flows, including into emerging markets such as India.