Markets: Sensex up 150 points, Nifty holds 11,959.80 in the afternoon session

WION Web Team New Delhi, Delhi, India Dec 12, 2019, 01.14 PM(IST)

File photo. Photograph:( Reuters )

Story highlights

At 1 pm, the BSE S&P Sensex was up by 150 points to 40,563.26 while the Nifty 50 ticked up by 48.65 points at 11,958.55.

Indian stock market indices Sensex and Nifty on Thursday traded marginally higher by the afternoon session.

Except IT, all other sectoral indices are trading in the green led by the metal, auto, pharma, infra and energy.

At 1 pm, the BSE S&P Sensex was up by 150 points to 40,563.26 while the Nifty 50 ticked up by 48.65 points at 11,958.55. 

Meanwhile, The Indian rupee appreciated by 21 paise to 70.64 against the US dollar in early trade as higher opening in domestic equities and sustained foreign fund inflows strengthened investor sentiments..

Asian markets

Asian equities mostly rose and the dollar was subdued after the Federal Reserve indicated it was unlikely to change interest rates throughout next year, while the pound was in focus as the UK votes in a general election.

Investors are also tracking developments in the China-US trade talks, with nervousness setting in as a deadline for fresh US tariffs on Chinese goods approaches and no sign yet that they will be delayed.

(With inputs from agencies)