Sensex crossed 50,000 mark in opening hours

Mumbai,18/5(Ao Bureau):Tuesday was a happy day for the stock market. The BSE Sensex opened at a level above 50,134.24 with a sharp increase of 553.51 points ie 1.12 per cent. At the same time, the Nifty (NSE Nifty) opened at an upper level of 15,087.20 with an increase of 1.1 percent i.e. 164.05 points. Both the Sensex and Nifty indices have seen a gain of over 1 per cent. Earlier, on Monday, the first trading day of the week, the market closed with a big gain. The Sensex has crossed the 600 mark during early trade at 9.22 am. All 29 stocks except Bharti Airtel are leading on the 30-share BSE. At the same time, NSE50 has an edge over 46 stocks. Earlier, the Sensex had ended with a gain of 848.18 (1.74%) points at 49580.73. At the same time, the Nifty jumped 247.50 points (1.9%) to reach the level of 14,925.30.

 

The stock rose sharply

 

The top gainers on the Nifty are HINDALCO, Bajaj Finance, TATA STEEL, GRASIM, Indusind Bank. Among the losers are Tata Consumer, Britannia, Cipla and Bharti Airtel. Bajaj Finance was the biggest gainer on the BSE. It has seen more than 3 percent rise. After this, shares such as Power Grid, IndusInd Bank, Bajaj Auto, HDFC Bank, Bajaj Finserv, Axis Bank, Titan, ONGC were rising. Banking-Auto stocks witnessed the fastest during the opening trade.