Indian equity indices made a positive start on Monday, amid positive global cues.

The Sensex is up 140 points at 40,499, while the Nifty is trading just above 11,950. (9.32 AM)

All sectoral gauges are trading higher, except Nifty Media.

Nifty Metal is trading higher by over 1.8% led by Jindal Steel and Tata Steel. Nifty Realty has gained over 2% driven by DLF and Oberoi Realty up over 3% and 2%, respectively.

From December 23, the Bombay Stock Exchange will remove 4 scrips from the S&P BSE Sensex and add 3 new scrips to the benchmark index. Exclusions include Tata Motors, Tata Motors DVR, Yes Bank, and Vedanta effective December 23. These will be replaced by UltraTech Cement, Titan, and Nestle India.

Bharti Infratel, Bharti Airtel, Titan, and UltraTech Cement were the top gainers, while Zee Entertainment, ONGC, BPCL, and Tata Motors were the top losers.

Meanwhile, the rupee opened marginally higher by 2p at 71.69/$.

Asian stocks are trading cautiously positive after both China and the US made positive comments regarding the trade deal.

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