Sensex rises 487 pts to close above 49k for first time, Nifty ends near 14,500; IT stocks rally
Equity benchmark Sensex rallied 487 points on Monday to close at a fresh lifetime peak, tracking gains in Infosys, HDFC twins and HCL Tech amid massive foreign fund inflows. After touching a record intra-day high of 49,303.79, the 30-share BSE index ended 486.81 points or 1 per cent higher at 49,269.32. Similarly, the broader NSE Nifty surged 137.50 points or 0.96 per cent to finish at 14,484.75. It hit a fresh intra-day high of 14,498.20.
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