Sensex Reclaims 50,000, Up 300 Points, Nifty Surpasses 14,900

By Peter Noronha (with inputs from agencies)10 days ago

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The domestic stock markets have opened firm, extending the upmove witnessed on Monetary policy day, due to cautiously positive cues from the global market front. At 9:18 am, the BSE Sensex had reclaimed the 50,000 mark to trade at 50,000.81, higher by 328 points or 0.65 per cent and the NSE Nifty was at 14,914.50, up 94.70 points or 0.66 per cent. The broader markets are also trading firm, with the BSE Midcap index and BSE Smallcap indices gaining around half a per cent each.

All the BSE sectoral indices are trading in the green this morning, with metal, IT and consumer goods indices leading the way.

Overnight, the Dow Jones rose 16.02 points and S&P 500 gained 6.01 points, while the Nasdaq Composite declined 9.54 points.

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