Sensex up 133 points, Nifty above 11,950

WION Web Team New Delhi, Delhi, India Dec 12, 2019, 10.40 AM(IST)

File photo. Photograph:( Reuters )

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The Sensex is up 133.73 points or 0.33% at 40,546.30, and the Nifty up by 41.65 points or 0.35% at 11,951.80.

Benchmark indices of Indian stock markets are holding on their morning gains with Nifty trading above 11,950 level.

The Sensex is up 133.73 points or 0.33% at 40,546.30, and the Nifty up by 41.65 points or 0.35% at 11,951.80. About 1002 shares have advanced, 504 shares declined, and 98 shares are unchanged. 

Meanwhile, the Indian rupee holding on its morning gains and trading higher by 17 paise at 70.67 per dollar.

However, ONGC, Bharti Infratel, HCL Technologies and HDFC were on a low swing.

Meanwhile, Asian stocks rose to the highest in a month after the US Federal Reserve signalled that interest rates are likely to remain accommodative. 

But the upcoming election in Britain and a deadline for US-China trade talks kept most investors cautious.

The Fed kept interest rates unchanged at its policy meeting a day earlier. 

That helped MSCI`s broadest index of Asia Pacific shares outside Japan climb by 0.8 per cent to the highest since November 11. Japan`s Nikkei stock index rose by 0.18 per cent.

Reports said US President Donald Trump is expected to meet soon with top advisers to discuss tariffs on nearly 160 billion dollars of Chinese consumer goods that are scheduled to take effect on December 15.

(With inputs from ANI)