NEW DELHI: Equity indices surged on Tuesday with benchmark BSE sensex rising over 500 points o trade above the 50,000-mark in opening session.
The 30-share BSE index was up 527 points or 1.06 per cent at 50,377; while the broader NSE Nifty was trading 165 points or 1.12 per cent higher at 14,913.
Top gainers in sensex pack included NTPC, Tech Mahindra, M&M, Bajaj Finance, Infosys and TCS gained as much as 3.5 per cent.
On NSE, all sub-indices were trading in green with Nifty IT and PSU Bank gaining up to 1.91 per cent.
According to analysts, investor sentiment remained upbeat due to encouraging GDP numbers for the third quarter as well as return of calmness in global bond markets after last week’s turmoil.
In the previous session, the sensex had risen by 749.85 points or 1.53 per cent; and the Nifty had gained 232.40 points or 1.60 per cent.
(With inputs from agencies)