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

At 14:25 hours, the 30-share benchmark index was trading at 85643.21 up by 377.89 points or by 0.44 % and then NSE Nifty was at 26155.85 up by 122.1 points or by 0.47 %.

Sensex touched intraday high of 85796.72 and intraday low of 85078.12 The NSE Nifty touched intraday high of 26202.6 and intraday low of 25985.35

The top gainers of the BSE Sensex pack were Bajaj Finserv Ltd. (Rs. 2101.00,+2.48%), Bajaj Finance Ltd. (Rs. 1053.75,+2.40%), State Bank of India (Rs. 970.05,+2.32%), HCL Technologies Ltd. (Rs. 1684.10,+1.76%), Larsen & Toubro Ltd. (Rs. 4035.85,+1.28%), among others.

The top losers of the BSE Sensex pack were Hindustan Unilever Ltd. (Rs. 2339.90,-4.97%), Eternal Ltd. (Rs. 293.70,-0.71%), Sun Pharmaceutical Industries Ltd. (Rs. 1807.90,-0.59%), Tata Motors Passenger Vehicles Ltd. (Rs. 354.95,-0.42%), Bharti Airtel Ltd. (Rs. 2100.20,-0.16%), among others.

Bankex index was at 66956.26 up by 509.11 points or by 0.77%. State Bank of India (Rs. 970.05,+2.32%), Bank of Baroda (Rs. 293.40,+1.84%), Canara Bank (Rs. 149.00,+1.19%), Kotak Mahindra Bank Ltd. (Rs. 2155.85,+0.95%), IndusInd Bank Ltd. (Rs. 869.00,+0.66%),.

CGS index was at 67673.22 down by -260.02 points or by -0.38%. Kaynes Technology India Ltd. (Rs. 4507.85,-9.46%), Hitachi Energy India Ltd. (Rs. 19240.30,-4.02%), AIA Engineering Ltd. (Rs. 3750.50,-2.35%), Siemens Ltd. (Rs. 3313.70,-1.44%), LMW Ltd. (Rs. 14879.40,-1.33%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4399 , shares advanced were 1834 while 2341 shares declined and 224 were unchanged.