Indian benchmark indices made a positive start on Thursday following global stocks. The Sensex was trading higher by 109 points at 40,522, and the Nifty was up by 28 points at 11,938. (9.21 AM)
Sectorally, all indices except Nifty Media traded higher.
Nifty Realty continued to lead, extending Wednesday's gains.
Yes Bank, Bharti Infratel, Vedanta, and Cipla were among the top gainers on the indices, while Bharti Airtel, ZEEL, ONGC, HDFC, and Britannia were the top losers on the indices.
Meanwhilel Ujjivan Small Finance Bank will make its debut on the exchanges today. The IPO was subscribed 165 times.
The Indian rupee opened higher by 7 paise at 70.69/$ on Thursday.
Asian stocks were trading higher after the US Fed Reserve kept interest rates steady but said that the outlook was likely to be accomodative, which also lifted Wall Street on Wednesday.
US President Donald Trump is expected to meet top advisers on Thursday to discuss tariffs on ~$160bn worth of Chinese consumer goods that are due to take effect on Dec 15, Reuters reported.
Oil prices fell after data showed an unexpected rise in US crude inventories.
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