Indian equity markets were trading higher on Friday, December 5, after the Reserve Bank of India (RBI) Governor, Sanjay Malhotra, led the Monetary Policy Committee (MPC) decided to slash the repo rate by 25 basis points to 5.25 per cent.

At 12:40 hours, the 30-share benchmark index was trading at 85749.41 up by 484.09 points or by 0.57 % and then NSE Nifty was at 26180.45 up by 146.7 points or by 0.56 %.

Sensex touched intraday high of 85796.72 and intraday low of 85078.12 The NSE Nifty touched intraday high of 26183 and intraday low of 25985.35

The top gainers of the BSE Sensex pack were Bajaj Finance Ltd. (Rs. 1057.00,+2.72%), Bajaj Finserv Ltd. (Rs. 2102.60,+2.56%), HCL Technologies Ltd. (Rs. 1689.90,+2.11%), Infosys Ltd. (Rs. 1625.75,+1.75%), State Bank of India (Rs. 964.00,+1.68%), among others.

The top losers of the BSE Sensex pack were Hindustan Unilever Ltd. (Rs. 2335.75,-5.13%), Tata Motors Passenger Vehicles Ltd. (Rs. 354.45,-0.56%), Sun Pharmaceutical Industries Ltd. (Rs. 1808.70,-0.54%), Eternal Ltd. (Rs. 294.50,-0.44%), Nestle India Ltd. (Rs. 1239.65,-0.20%), among others.

IT index was at 37570.46 up by 443.22 points or by 1.19%. InfoBeans Technologies Ltd. (Rs. 682.45,+13.08%), Genesys International Corporation Ltd. (Rs. 446.00,+11.74%), Magellanic Cloud Ltd. (Rs. 26.84,+4.97%), Ramco Systems Ltd. (Rs. 602.45,+2.81%), HCL Technologies Ltd. (Rs. 1689.90,+2.11%),.

CGS index was at 67537.14 down by -396.1 points or by -0.58%. Kaynes Technology India Ltd. (Rs. 4574.45,-8.12%), Hitachi Energy India Ltd. (Rs. 19396.35,-3.24%), Sona BLW Precision Forgings Ltd. (Rs. 488.45,-2.22%), Siemens Ltd. (Rs. 3288.35,-2.20%), AIA Engineering Ltd. (Rs. 3768.10,-1.90%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4250 , shares advanced were 1749 while 2300 shares declined and 201 were unchanged.