MARKET LIVE: Sensex crosses 50,000 for the first time, Nifty tops 14,700

Stock updates: The Indian opened Thursday’s session on a historical note, with the S&P crossing 50,000 for the first time ever, on the back of favourable global cues.

The S&P gained 270 points at 50,070 levels and the index was trading above 14,700-mark. Bajaj Finance and Bajaj Finserv rose 2 per cent each after announcing their December quarter results, while gained over 1 per cent ahead of its quarterly results announcement, later in the day.

The Nifty sectoral indices were painted green, led by Nifty Auto index, up 1 per cent.


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