Sensex crosses 50,000 mark for the first time ever

Mumbai: BSE Sensex crossed the 50,000-mark for the first time during the early trade today, aided by market heavyweight Reliance Industries Ltd (RIL) and the Bajaj twins comprising of Bajaj Finserv and Bajaj Finance amid positive cues from the global market. The Sensex surged 334.61 points (0.67 per cent) to hit a record high of 50,126.73, while the broader Nifty 50 too climbed 93.60 points (0.64 per cent) to touch a new lifetime high of 14,738.30.

RIL, Bajaj Finance, ICICI Bank and Axis Bank were leading contributors to the rise in Sensex during the early trade on Thursday. SenxAmong the sectoral indices on the National Stock Exchange (NSE), the Nifty Auto index was trading over 1 per cent higher on early trade Thursday driven by gains in the shares of Tata Motors, Eicher Motors and Bajaj Auto. The key Bank Nifty too was up around 0.5 per cent led by RBL Bank, IndusInd Bank and Bandhan Bank.