Sensex hits 49,000 for the first time; Nifty above 14,400
Image Credit: shortpedia
Equity benchmark Sensex surged over 400 points in early trade on Monday to top the 49,000 mark for the first time, tracking gains in IT stocks amid a largely positive trend in global equities and massive FPI inflow. After touching a record intra-day high of 49,260.21, it was trading 0.83 percent higher at 49,187.96. NSE Nifty jumped 0.78 percent to 14,459.70 in opening deals.