Sensex Reclaims 50k; Nifty Tops 14,900

By RTTNews Staff Writer12 days ago

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Indian shares opened higher on Thursday after minutes from the Federal Reserve's last policy meeting offered reassurance in terms of the central bank's commitment to keep policy super loose.

The benchmark S&P BSE Sensex jumped 365 points, or 0.7 percent, to 50,026 in early trade, while the broader NSE Nifty index was up 105 points, or 0.7 percent, at 14,924.

Automakers, financials and metal companies were among the top gainers, with Tata Motors, HDFC, Grasim, Tech Mahindra and Hindalco rising 2-3 percent.

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