Sensex Rises Over 100 Points, Nifty Touches 12,050 In Early Trade

INSUBCONTINENT EXCLUSIVE:
Gains in financial, metal and pharmaceutical shares pushed the markets higher Domestic stock markets started
Friday's session on a positive note amid gains in Asian peers
The S-P BSE Sensex index rose as much as 172.54 points to touch 40,952.13 on the upside and the broader NSE Nifty benchmark climbed to as
high as 12,057.05, up 38.65 points from the previous close
Gains in financial, metal and pharmaceutical shares pushed the markets higher however losses in information technology stocks capped the
upside
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
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
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
points (0.21 per cent) from the previous close.