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Great Start : Sensex Roars Again , Crosses 50, 000 Mark In First Session Trade

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The BSE gauge Sensex rose over 190 points to trade above the 50,000-mark in the opening session on Tuesday on account of broad-based buying by participants amid positive domestic and global cues.

Analysts said investor sentiment remained upbeat due to encouraging GDP numbers for the third quarter as well as return of calmness in global bond markets after last week’s turmoil.

On the Sensex chart, 26 shares were trading with gains.

On Monday, the Sensex had risen by 749.85 points or 1.53 per cent; and the Nifty had gained 232.40 points or 1.60 per cent.

Elsewhere in Asia on Tuesday, bourses extended their strong rally for the second straight session after halt in sell-offs in global bond markets calmed investor sentiments.

Foreign investors purchased equities worth Rs 125.15 crore on a net basis in Indian capital markets on Monday, exchange data showed.

Meanwhile, global crude oil benchmark Brent Futures price eased by 0.65 per cent to trade at 62.90 per barrel.

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