Sensex rises 447 pts, reclaims 50,000-level

Mumbai, March 2

The Sensex spurted by 447 points to close above the 50,000-mark on Tuesday following hectic buying in auto and IT counters amid positive domestic and global cues. The index swung nearly 633 points during the session before ending at 50,296.89, showing a rise of 447.05 points.

The Nifty climbed 157.55 points to settle at 14,919.10. Among Sensex stocks, M&M was lead gainer rising by 4.98%. NTPC rose by 3.83%, Bajaj Auto by 3.53%, and Tech Mahindra by 3.44%. TCS, Maruti, Infosys, HCL Tech, Nestle and Bharti Airtel were among the gainers. On the other hand, ONGC, HDFC, Dr Reddy’s, PowerGrid and SBI suffered losses. — PTI

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