Sensex tops 50,000-level in opening commerce; Nifty above 14,800

Image Source : PTI Sensex tops 50,000-level in opening commerce
The BSE gauge Sensex rose over 190 factors to commerce above the 50,000-mark within the opening session on Tuesday on account of broad-based shopping for by individuals amid optimistic home and world cues. Analysts stated investor sentiment remained upbeat because of encouraging GDP numbers for the third quarter in addition to the return of calmness in world bond markets after final week’s turmoil.
The 30-share BSE index was buying and selling increased by 191.45 factors or 0.38 per cent at 50,041.21 in opening offers.
The 50-share NSE Nifty superior 65.10 factors or 0.44 per cent to 14,826.65 in early commerce.
On the Sensex chart, 26 shares had been buying and selling with good points.

On Monday, the Sensex had risen by 749.85 factors or 1.53 per cent; and the Nifty had gained 232.40 factors or 1.60 per cent.
Elsewhere in Asia on Tuesday, bourses prolonged their sturdy rally for the second straight session after a halt in sell-offs in world bond markets calmed investor sentiments.
Foreign traders bought equities price Rs 125.15 crore on a internet foundation in Indian capital markets on Monday, trade information confirmed.
Meanwhile, world crude oil benchmark Brent Futures worth eased by 0.65 per cent to commerce at 62.90 per barrel. 

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