Asian Peers Lift Market: Sensex Rises Over 100 Points, Nifty Hits 11,480

Domestic stock markets started Thursday's session on a positive note amid gains in Asian peers. The S&P BSE Sensex index rose as much as 103.9 points to touch 38,702.89 in the first few minutes of trade, and the broader NSE Nifty benchmark moved to 11,480.90, up 16.9 points from its previous close. 

Gains in financial stocks supported the markets however losses in metal shares limited the upside. Equities in other Asian markets rose, with MSCI's broadest index of Asia Pacific shares outside Japan last seen up 0.23 per cent. Japan's Nikkei 225 index was up 0.14 per cent at the time. 

South Korean, Australian and New Zealand indices were all in negative territory. Chinese shares were mostly flat. On Wednesday, the Sensex had ended 92.90 points - or 0.24 per cent - higher at 38,598.99 and the Nifty settled at 11,471.55, up 43.25 points - or 0.38 per cent - from its previous close.