The Sensex flirted with the 50,000 mark on Tuesday morning as it zoomed over 1,350 points and the Nifty crossed the key 14,500-level in the opening session, a day after the Union Budget which outlined a slew of measures to pull the economy out of the pandemic-induced slump, said News18.
The BSE gauge Sensex topped the 50,000 mark briefly before coming down a notch as it witnessed a strong rally in opening deals. Likewise, the NSE barometer Nifty was higher by nearly 350 points or 2.42 per cent at 14,627 in early trade. In the Sensex pack, all shares were trading in the green barring HUL.
Buying was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange were trading higher led by nearly 4 per cent gain in Nifty Bank and Financial Services indices. Auto, FMCG, IT, Infra, Metal and IT indexes also rose between 1.5-3 per cent.