Sensex at 50,000: Bajaj, Reliance, HCL lead the surge
- Sensex crossed the 50,000 mark, pushed by positive global cues
- Among the top performers were finance, banking and auto stocks
- On Wednesday, markets had closed on a positive note with Benchmark indices hitting record highs
Stock market index Sensex zoomed on Thursday morning, crossing the magic mark of 50,000. Egged on by global markets that surged after Joe Biden’s inauguration, Asian markets opened on a positive note and among the big gainers in India were auto and tech companies.
On Wednesday, markets had closed on a positive note with Benchmark indices hitting record highs pushed by IT and auto stocks. Global cues helped push indices, which closed in the green for the second day in a row. Sensex closed with 394 points at 49,792, while Nifty closing 0.9% higher at 14,645.
Here’s the list of top gainers in the Thursday morning surge:
Bajaj Finance
Bajaj Finserv
HCL Tech
Indusind Bank
Reliance
Tech Mahindra
Bajaj Auto
Titan
Axis Bank
Maruti
US equities finished at record highs on Wednesday after Joe Biden was sworn and he vowed to take all necessary measures to bring back the US economy on track.
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading with significant gains in mid-session deals.
Meanwhile, the global oil benchmark Brent crude was trading 0.30 per cent higher at USD 55.91 per barrel.
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