Bhubaneswar, Jan. 21 -- Mumbai: Positive global cues along with expectations of healthy quarterly results and a supportive Union Budget FY22 powered the ascent of economic barometer the S&P BSE Sensex to cross the 50,000 points mark on Wednesday.

Coming a day after Joe Biden's inauguration as US President, the BSE Sensex mirrored its Asian counterparts in having a gap-up opening.

In fact, the positivity sentiment led it to open above the 50,000-mark.

Around 9.50 a.m., it was trading at 50,062.58, higher by 270.46 points or 0.54 per cent from its previous close of 49,792.12.

It opened at 50,096.57 and touched a fresh all-time high of 50,126.73 points.

The Nifty50 on the National Stock Exchange (NSE) also touched a new record high of 1...