India, April 15 -- Following two days of consecutive gains, Canadian moved a little higher on Wednesday as traders weighed the impact of the U.S.-enforced blockade on Iran's ports against the proposed second round of U.S.-Iran negotiations coming up in a few days.

After opening just a little above yesterday's close, today the benchmark S&P/TSX Composite Index gave ground early in the session but regained the momentum to trade positive throughout the rest of the day before settling at 34,155.99, up by 53.63 points (or 0.16%).

Six of the 11 sectors posted gains today, with the IT sector leading the pack.

The possibility of U.S.-Iran peace talks drew the attention of traders for the second day today.

After announcing a two-week ceasefire i...