Sensex Breaches 50,000 For The First Time
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...
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