Indian indices

Indian stock market ended higher on December 04, led by gains in banking, metal and auto stocks. The market sentiment also got boosted as investors expected another rate cut for the sixth consecutive time in the RBI monetary policy meet due tomorrow. The Sensex rose by 0.43% or 174.84 points to 40,850.29. The Nifty up by 0.41% or 49 points to 12,043.20.

Adding further the developments around the US-China trade tussle helped the Indian market to surge in last hour of trade.

On the IPO front, CSB Bank makes a strong debut, up by 54% against the issue price of Rs. 195/Share

Global signals

Asian stocks mostly suffered sharp losses on December 04, as investors become more anxious about the prospect of the United States and China reaching a deal to end the trade war.

European stocks were slightly higher, as investors awaited economic data and monitored the prospect of a longer, broader trade war.