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Sensex Rises Over 100 Points, Nifty Touches 12,050 In Early Trade
06 Dec 2019, 09:35 AM IST 
Gains in financial, metal and pharmaceutical shares pushed the markets higher
- At 9:24 am, the Sensex traded 105.50 points - or 0.26 per cent - higher at 40,885.09 while the Nifty was up 27.60 points - or 0.23 per cent - at 12,046.00.
- Thirty stocks on the Nifty 50 index traded in the positive zone at the time.
- Top percentage gainers on the index at the time were Bharti Infratel, JSW Steel, Tata Steel, Grasim and Asian Paints, trading between 0.87 per cent and 3.19 per cent higher.
- On the other hand, top laggards were Yes Bank, ONGC, UPL, Zee Entertainment and SBI, down between 0.55 per cent and 3.78 per cent.
- HDFC Bank, Reliance Industries and ICICI Bank were the top contributors to the gain in Sensex, together accounting for a gain of more than 90 points on the index.
- The Reserve Bank of India (RBI) in a surprise move on Thursday left the key lending rate unchanged while maintaining an "accommodative" stance.
- The RBI however lowered its economic growth forecast to 5 per cent for the financial year ending March 2020.
- Equities in other Asian markets gained after US President Donald Trump said trade talks with China were "moving right along". MSCI's broadest index of Asia-Pacific shares outside Japan was last seen trading 0.5 per cent higher while Japan's Nikkei was up 0.3 per cent.
- The US President's upbeat tone in comments on Thursday was enough to spark buying, despite a lack of agreement between Washington and Beijing over whether existing tariffs should be dropped as part of a preliminary deal to end their trade war.
- The S&P BSE Sensex index had declined 70.70 points (0.17 per cent) to end a volatile session at 40,779.59 on Thursday, and the broader NSE Nifty benchmark settled at 12,018.40, down 24.80 points (0.21 per cent) from the previous close.